Community Financial Services Group LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 0.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,510 shares of the software giant’s stock after purchasing an additional 1,088 shares during the period. Microsoft comprises about 4.5% of Community Financial Services Group LLC’s holdings, making the stock its 4th largest holding. Community Financial Services Group LLC’s holdings in Microsoft were worth $12,476,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently modified their holdings of the stock. Community Bank of Raymore increased its position in Microsoft by 21.4% in the 2nd quarter. Community Bank of Raymore now owns 2,812 shares of the software giant’s stock valued at $277,000 after acquiring an additional 495 shares during the period. Narwhal Capital Management increased its position in Microsoft by 0.4% in the 2nd quarter. Narwhal Capital Management now owns 121,380 shares of the software giant’s stock valued at $11,969,000 after acquiring an additional 495 shares during the period. Adirondack Trust Co. increased its position in Microsoft by 1.8% in the 2nd quarter. Adirondack Trust Co. now owns 27,321 shares of the software giant’s stock valued at $2,694,000 after acquiring an additional 495 shares during the period. Trust Department MB Financial Bank N A increased its position in Microsoft by 1.9% in the 2nd quarter. Trust Department MB Financial Bank N A now owns 26,621 shares of the software giant’s stock valued at $2,625,000 after acquiring an additional 500 shares during the period. Finally, Live Your Vision LLC increased its position in Microsoft by 58.7% in the 2nd quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock valued at $140,000 after acquiring an additional 509 shares during the period. 71.85% of the stock is owned by institutional investors and hedge funds.
In other Microsoft news, CEO Satya Nadella sold 203,418 shares of the firm’s stock in a transaction on Friday, October 26th. The shares were sold at an average price of $106.68, for a total value of $21,700,632.24. Following the transaction, the chief executive officer now directly owns 1,014,247 shares of the company’s stock, valued at $108,199,869.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathleen T. Hogan sold 40,000 shares of the firm’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $111.31, for a total transaction of $4,452,400.00. Following the completion of the transaction, the executive vice president now directly owns 339,972 shares in the company, valued at $37,842,283.32. The disclosure for this sale can be found here. Insiders sold 479,080 shares of company stock valued at $52,100,893 over the last 90 days. Corporate insiders own 1.49% of the company’s stock.
NASDAQ:MSFT opened at $109.57 on Friday. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $862.07 billion, a price-to-earnings ratio of 28.24, a P/E/G ratio of 2.04 and a beta of 1.26. Microsoft Co. has a 12 month low of $80.70 and a 12 month high of $116.18.
Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.18. The business had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period last year, the company posted $0.84 earnings per share. As a group, research analysts anticipate that Microsoft Co. will post 4.39 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 13th. Shareholders of record on Thursday, November 15th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.68%. This is a boost from Microsoft’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, November 14th. Microsoft’s dividend payout ratio (DPR) is presently 43.30%.
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Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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