Bienville Capital Management LLC boosted its position in Microsoft Corporation (NASDAQ:MSFT) by 6.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,892 shares of the software giant’s stock after purchasing an additional 469 shares during the quarter. Bienville Capital Management LLC’s holdings in Microsoft were worth $544,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. River Wealth Advisors LLC lifted its position in shares of Microsoft by 6.4% during the 2nd quarter. River Wealth Advisors LLC now owns 25,130 shares of the software giant’s stock valued at $1,732,000 after acquiring an additional 1,517 shares during the period. Northeast Financial Consultants Inc raised its holdings in shares of Microsoft by 17.4% during the 2nd quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock worth $696,000 after buying an additional 1,500 shares in the last quarter. JLB & Associates Inc. acquired a new position in shares of Microsoft during the 2nd quarter worth $10,873,000. State of Wisconsin Investment Board raised its holdings in shares of Microsoft by 7.3% during the 1st quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock worth $515,501,000 after buying an additional 530,893 shares in the last quarter. Finally, One Capital Management LLC raised its holdings in shares of Microsoft by 5.0% during the 2nd quarter. One Capital Management LLC now owns 56,671 shares of the software giant’s stock worth $3,906,000 after buying an additional 2,675 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.
A number of equities analysts have recently commented on the company. UBS set a $105.00 price target on Microsoft and gave the stock a “buy” rating in a report on Thursday, November 9th. Tigress Financial reissued a “buy” rating on shares of Microsoft in a report on Tuesday, November 7th. Deutsche Bank reissued a “buy” rating and set a $100.00 price target on shares of Microsoft in a report on Friday, November 3rd. Vetr raised Microsoft from a “sell” rating to a “hold” rating and set a $82.07 price target for the company in a report on Tuesday, October 31st. Finally, Argus raised Microsoft from a “hold” rating to a “buy” rating and boosted their price target for the stock from $57.28 to $95.00 in a report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $84.59.
Microsoft (NASDAQ:MSFT) last issued its quarterly 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 during the quarter, compared to analysts’ expectations of $23.57 billion. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The business’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.76 earnings per share. sell-side analysts expect that Microsoft Corporation will post 3.38 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a $0.42 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 annualized dividend and a dividend yield of 2.03%. Microsoft’s payout ratio is 57.14%.
In other news, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now owns 189,278 shares of the company’s stock, valued at $15,797,141.88. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Frank H. Brod sold 15,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the completion of the sale, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. In the last three months, insiders sold 45,000 shares of company stock valued at $3,759,420. Insiders own 1.49% of the company’s stock.
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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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