IFM Investors Pty Ltd Has $13.81 Million Holdings in Microsoft Corporation (MSFT)

IFM Investors Pty Ltd raised its position in Microsoft Corporation (NASDAQ:MSFT) by 33.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 200,391 shares of the software giant’s stock after buying an additional 49,988 shares during the period. Microsoft comprises 3.5% of IFM Investors Pty Ltd’s investment portfolio, making the stock its 2nd biggest position. IFM Investors Pty Ltd’s holdings in Microsoft were worth $13,813,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Appropriate Balance Financial Services Inc. increased its stake in shares of Microsoft by 4.7% during the second quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after purchasing an additional 29 shares in the last quarter. Hefty Wealth Partners increased its stake in shares of Microsoft by 65.6% during the second quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after purchasing an additional 653 shares in the last quarter. Ullmann Financial Group Inc. purchased a new stake in shares of Microsoft during the first quarter worth about $132,000. Stelac Advisory Services LLC increased its stake in shares of Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after purchasing an additional 387 shares in the last quarter. Finally, Opera Trading Capital increased its stake in shares of Microsoft by 1,522.0% during the second quarter. Opera Trading Capital now owns 2,433 shares of the software giant’s stock worth $168,000 after purchasing an additional 2,283 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Microsoft Corporation (NASDAQ:MSFT) opened at $82.78 on Thursday. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. The firm has a market cap of $629,433.38, a PE ratio of 24.14, a price-to-earnings-growth ratio of 1.90 and a beta of 0.99. Microsoft Corporation has a fifty-two week low of $59.80 and a fifty-two week high of $86.20.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. Microsoft’s revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.76 EPS. equities research analysts predict that Microsoft Corporation will post 3.38 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 2.03%. Microsoft’s payout ratio is 57.14%.

A number of analysts have recently commented on the stock. Credit Suisse Group set a $84.00 target price on shares of Microsoft and gave the stock a “buy” rating in a research note on Friday, August 11th. BidaskClub raised shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, August 16th. Morgan Stanley set a $88.00 target price on shares of Microsoft and gave the stock a “buy” rating in a research note on Friday, October 27th. Tigress Financial reissued a “buy” rating on shares of Microsoft in a research note on Tuesday, November 7th. Finally, Vetr raised shares of Microsoft from a “sell” rating to a “hold” rating and set a $82.07 target price for the company in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and an average price target of $84.59.

In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total value of $333,920.00. Following the transaction, the executive vice president now directly owns 185,278 shares in the company, valued at approximately $15,467,007.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the transaction, the insider now owns 116,205 shares in the company, valued at $9,770,516.40. The disclosure for this sale can be found here. Insiders sold a total of 45,000 shares of company stock worth $3,759,420 over the last quarter. 1.49% of the stock is currently owned by company insiders.

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About Microsoft

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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