Braun Stacey Associates Inc. Decreases Stake in Microsoft Co. (MSFT)

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Braun Stacey Associates Inc. cut its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 414,357 shares of the software giant’s stock after selling 635 shares during the period. Microsoft makes up 2.6% of Braun Stacey Associates Inc.’s holdings, making the stock its 2nd biggest holding. Braun Stacey Associates Inc.’s holdings in Microsoft were worth $37,818,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC grew its position in Microsoft by 271.1% in the 3rd quarter. Brighton Jones LLC now owns 719,979 shares of the software giant’s stock worth $53,631,000 after purchasing an additional 525,967 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new stake in Microsoft in the 3rd quarter worth about $6,878,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Microsoft by 5.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,017,865 shares of the software giant’s stock worth $224,801,000 after purchasing an additional 153,201 shares in the last quarter. First Interstate Bank grew its position in Microsoft by 6.7% in the 3rd quarter. First Interstate Bank now owns 142,580 shares of the software giant’s stock worth $10,621,000 after purchasing an additional 8,943 shares in the last quarter. Finally, Texas Yale Capital Corp. grew its position in Microsoft by 2.1% in the 3rd quarter. Texas Yale Capital Corp. now owns 49,542 shares of the software giant’s stock worth $3,690,000 after purchasing an additional 1,029 shares in the last quarter. 72.32% of the stock is owned by institutional investors.

Shares of MSFT stock opened at $98.63 on Friday. Microsoft Co. has a 12 month low of $68.02 and a 12 month high of $102.69. The company has a debt-to-equity ratio of 1.00, a quick ratio of 3.35 and a current ratio of 3.40. The company has a market cap of $762.90 billion, a P/E ratio of 29.80, a price-to-earnings-growth ratio of 2.16 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Thursday, April 26th. The software giant reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.10. Microsoft had a net margin of 13.72% and a return on equity of 36.49%. The business had revenue of $26.82 billion for the quarter, compared to analysts’ expectations of $25.78 billion. During the same period in the prior year, the company posted $0.73 EPS. The business’s revenue for the quarter was up 15.5% compared to the same quarter last year. research analysts forecast that Microsoft Co. will post 3.84 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 13th. Shareholders of record on Thursday, August 16th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Wednesday, August 15th. Microsoft’s dividend payout ratio is presently 50.76%.

A number of equities research analysts have issued reports on the stock. BidaskClub downgraded shares of Microsoft from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Atlantic Securities raised shares of Microsoft from a “neutral” rating to an “overweight” rating in a research report on Monday. Jefferies Financial Group set a $75.00 price objective on shares of Microsoft and gave the stock a “sell” rating in a research report on Monday, June 18th. Barclays reaffirmed a “buy” rating and issued a $108.00 price objective on shares of Microsoft in a research report on Thursday, June 14th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $107.00 price objective on shares of Microsoft in a research report on Wednesday, June 13th. One analyst has rated the stock with a sell rating, five have given a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $105.49.

In other news, Director Sandra E. Peterson bought 5,400 shares of the stock in a transaction on Tuesday, June 5th. The shares were acquired at an average cost of $101.96 per share, for a total transaction of $550,584.00. Following the purchase, the director now directly owns 5,400 shares of the company’s stock, valued at approximately $550,584. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Christopher C. Capossela sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 7th. The stock was sold at an average price of $100.99, for a total transaction of $1,009,900.00. Following the completion of the sale, the executive vice president now owns 158,601 shares in the company, valued at $16,017,114.99. The disclosure for this sale can be found here. Corporate insiders own 1.49% of the company’s stock.

Microsoft Profile

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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