(MSFT) Position Increased by Numeric Investors LLC

Fernando Stephens
May 18, 2017

In the latest quarter, Microsoft returned $4.6 billion in the form of share repurchases and dividends. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Oppenheimer reinitiated the stock with "Outperform" rating in Thursday, March 17 report. Microsoft comprises about 0.9% of Numeric Investors LLC's portfolio, making the stock its 22nd largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Meristem LLP raised its position in Microsoft by 58.6% in the third quarter. Capital Investment Counsel Inc now owns 59,461 shares of the software giant's stock valued at $3,916,000 after buying an additional 1,347 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Asset Planning Services Ltd. increased its position in shares of Microsoft by 93.0% in the first quarter. However the company reported $0.69 earnings per share for the same quarter during a year ago. State Street Corp boosted its position in Microsoft by 2.8% in the fourth quarter. Banced accumulated 7,757 shares or 0.91% of the stock. Aristotle Capital Management LLC now owns 5,239,836 shares of the software giant's stock worth $345,096,000 after buying an additional 186,307 shares during the last quarter. Welch Investments LLC bought a new position in shares of Microsoft during the fourth quarter valued at approximately $160,000. Wells Fargo & Co assumed coverage on Microsoft in a research report on Wednesday, January 11th.

Microsoft Co. (NASDAQ:MSFT) had its price target hoisted by BMO Capital Markets from $71.00 to $75.00 in a research note issued to investors on Friday, April 28th.

Microsoft Co. has a one year low of $48.03 and a one year high of $69.71. Microsoft Co. The company has a market cap of $535.88 billion, a PE ratio of 30.63 and a beta of 1.08. Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, April 27th. For the current quarter the company has high EPS estimates of $0.78 in contradiction of low EPS estimates of $0.67. The business had revenue of $23.56 billion during the quarter, compared to analyst estimates of $23.62 billion. Microsoft had a net margin of 19.57% and a return on equity of 32.12%.

While considering growth estimates of the company, it has next quarter growth estimates of 2.6% whereas during current quarter it has 2.9% estimations over growth, comparing to the estimations of 8.6% during current year and 9.6% for next year. During the same period in the previous year, the company posted $0.62 EPS. Equities analysts forecast that Microsoft will post $3.03 EPS for the current fiscal year. However the six-month change in the insider ownership was recorded -18.52%, as well as three-month change in the institutional ownership was recorded 0.14%. Bristol John W Com New York holds 2.32% or 1.33 million shares in its portfolio. The ex-dividend date of this dividend is Tuesday, May 16th. Microsoft's dividend payout ratio (DPR) is now 73.59%.

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MSFT has been the topic of a number of research reports. Pacific Crest restated a "buy" rating and issued a $78.00 price target (up previously from $70.00) on shares of Microsoft in a research report on Friday, April 28th. Finally, Vetr raised shares of Microsoft from a hold rating to a buy rating and set a $65.26 price target on the stock in a research note on Tuesday, January 17th. Stifel Nicolaus maintained the shares of MSFT in report on Friday, October 23 with "Buy" rating. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Microsoft now has a consensus rating of Buy and a consensus target price of $69.44. $130.22M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by GATES WILLIAM H III on Monday, January 30. They now have a $60.00 price objective on the software giant's stock.

The number of shares now held by investors is 4.11 Billion. Morfit G Mason also sold $696.54 million worth of Microsoft Corporation (NASDAQ:MSFT) shares. The stock was sold at an average price of $64.40, for a total value of $297,270,400.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,645,694 shares of company stock valued at $1,127,019,616.

Microsoft Corporation is a technology company. The Return on Investment (ROI) ratio of Microsoft Corporation (MSFT) is 13.5 percent. The Company develops, licenses, and supports a range of software products, services and devices.

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