Microsoft Co. (MSFT) Shares Sold by Rowland & Co. Investment Counsel ADV

Rowland & Co. Investment Counsel ADV decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,034 shares of the software giant’s stock after selling 2,034 shares during the quarter. Microsoft accounts for approximately 2.5% of Rowland & Co. Investment Counsel ADV’s investment portfolio, making the stock its 14th largest position. Rowland & Co. Investment Counsel ADV’s holdings in Microsoft were worth $6,364,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Acrospire Investment Management LLC boosted its holdings in Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after acquiring an additional 1,200 shares during the last quarter. Stelac Advisory Services LLC boosted its holdings in Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after acquiring an additional 387 shares during the last quarter. Pacific Center for Financial Services boosted its holdings in Microsoft by 3.0% in the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after acquiring an additional 75 shares during the last quarter. AlphaMark Advisors LLC boosted its holdings in Microsoft by 1.1% in the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after acquiring an additional 30 shares during the last quarter. Finally, NewSquare Capital LLC boosted its holdings in Microsoft by 470.8% in the third quarter. NewSquare Capital LLC now owns 119,729 shares of the software giant’s stock valued at $193,000 after acquiring an additional 98,752 shares during the last quarter. 73.85% of the stock is owned by hedge funds and other institutional investors.

How to Become a New Pot Stock Millionaire

A number of research firms have issued reports on MSFT. Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Vetr lowered Microsoft from a “buy” rating to a “hold” rating and set a $94.20 price target for the company. in a research report on Tuesday, February 6th. UBS set a $110.00 target price on Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Deutsche Bank reaffirmed a “buy” rating and set a $115.00 target price on shares of Microsoft in a research report on Thursday, February 1st. Finally, JPMorgan Chase & Co. set a $94.00 target price on Microsoft and gave the company a “neutral” rating in a research report on Thursday, February 1st. One investment 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 presently has a consensus rating of “Buy” and an average price target of $99.45.

Microsoft Co. (MSFT) opened at $87.18 on Monday. Microsoft Co. has a 12 month low of $64.35 and a 12 month high of $97.24. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $671,267.94, a PE ratio of 24.84, a price-to-earnings-growth ratio of 2.01 and a beta of 1.04.

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

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

In other news, CMO Christopher C. Capossela sold 3,000 shares of Microsoft stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $93.30, for a total transaction of $279,900.00. Following the completion of the sale, the chief marketing officer now owns 178,278 shares in the company, valued at approximately $16,633,337.40. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $93.00, for a total value of $325,500.00. Following the sale, the executive vice president now owns 174,778 shares of the company’s stock, valued at approximately $16,254,354. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,000 shares of company stock valued at $930,900. 1.49% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The correct version of this news story can be read at https://www.tickerreport.com/banking-finance/3301939/microsoft-co-msft-shares-sold-by-rowland-co-investment-counsel-adv.html.

Microsoft Profile

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.

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Bankcoin 24 Hour Volume Hits $0.00
Bankcoin 24 Hour Volume Hits $0.00
Elementrem  Trading 1.4% Lower  This Week
Elementrem Trading 1.4% Lower This Week
Fastcoin Trading 1% Higher  Over Last Week
Fastcoin Trading 1% Higher Over Last Week
Kadant  Expected to Post Quarterly Sales of $145.40 Million
Kadant Expected to Post Quarterly Sales of $145.40 Million
Zacks: Brokerages Expect GameStop  to Post $0.40 EPS
Zacks: Brokerages Expect GameStop to Post $0.40 EPS
$0.83 Earnings Per Share Expected for Consol Energy  This Quarter
$0.83 Earnings Per Share Expected for Consol Energy This Quarter


© 2006-2018 Ticker Report. Google+.