Microsoft Co. (MSFT) Position Boosted by CHURCHILL MANAGEMENT Corp

CHURCHILL MANAGEMENT Corp increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 18.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,291 shares of the software giant’s stock after buying an additional 4,886 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in Microsoft were worth $2,677,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Acrospire Investment Management LLC increased its stake in Microsoft by 300.0% during the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the last quarter. Stelac Advisory Services LLC increased its stake in 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 acquiring an additional 387 shares during the last quarter. Pacific Center for Financial Services increased its stake in Microsoft by 3.0% during the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock worth $177,000 after acquiring an additional 75 shares during the last quarter. AlphaMark Advisors LLC increased its stake in Microsoft by 1.1% during the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock worth $185,000 after acquiring an additional 30 shares during the last quarter. Finally, NewSquare Capital LLC increased its stake in Microsoft by 470.8% during the third quarter. NewSquare Capital LLC now owns 119,729 shares of the software giant’s stock worth $193,000 after acquiring an additional 98,752 shares during the last quarter. Hedge funds and other institutional investors own 73.81% of the company’s stock.

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MSFT has been the subject of several research analyst reports. KeyCorp upped their price target on Microsoft from $106.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, February 1st. Vetr lowered Microsoft from a “strong-buy” rating to a “buy” rating and set a $93.77 price target for the company. in a research note on Monday, December 11th. Royal Bank of Canada set a $100.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Tigress Financial restated a “buy” rating on shares of Microsoft in a research note on Wednesday, February 14th. Finally, Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $99.00 price target for the company in a research note on Wednesday, January 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $99.45.

In other Microsoft news, CMO Christopher C. Capossela sold 3,000 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $93.30, for a total transaction of $279,900.00. Following the transaction, the chief marketing officer now owns 178,278 shares of the company’s stock, valued at approximately $16,633,337.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Christopher C. Capossela sold 3,500 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $93.00, for a total value of $325,500.00. Following the transaction, the executive vice president now directly owns 171,278 shares in the company, valued at approximately $15,928,854. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,000 shares of company stock worth $930,900. 1.49% of the stock is currently owned by company insiders.

Microsoft Co. (NASDAQ:MSFT) opened at $87.18 on Monday. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. Microsoft Co. has a 1-year low of $64.35 and a 1-year high of $97.24. The company has a market capitalization of $671,267.94, a P/E ratio of 59.71, a price-to-earnings-growth ratio of 2.01 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.09. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The company had revenue of $28.92 billion for the quarter, compared to the consensus estimate of $28.42 billion. During the same quarter last year, the business posted $0.83 EPS. Microsoft’s quarterly revenue was up 11.9% compared to the same quarter last year. sell-side analysts expect that Microsoft Co. will post 3.65 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Shareholders of record on Thursday, May 17th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Wednesday, May 16th. Microsoft’s dividend payout ratio is presently 115.07%.

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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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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