The Pioneer Trust Bank N A OR Has $5.71 Million Position in Microsoft Co. (MSFT)

The Pioneer Trust Bank N A OR Has $5.71 Million Position in Microsoft Co. (MSFT)

Several other institutional investors have also recently modified their holdings of MSFT. Horizon Kinetics LLC boosted its position in shares of Microsoft by 0.3% in the fourth quarter. Horizon Kinetics LLC now owns 18,380 shares of the software giant’s stock valued at $1,142,000 after buying an additional 50 shares during the last quarter. McQueen Ball & Associates Inc. boosted its position in shares of Microsoft by 0.6% in the first quarter. McQueen Ball & Associates Inc. now owns 8,862 shares of the software giant’s stock valued at $584,000 after buying an additional 57 shares during the last quarter. Hilltop Holdings Inc. boosted its position in shares of Microsoft by 0.3% in the fourth quarter. Hilltop Holdings Inc. now owns 26,722 shares of the software giant’s stock valued at $1,661,000 after buying an additional 74 shares during the last quarter. First Heartland Consultants Inc. boosted its position in shares of Microsoft by 0.3% in the third quarter. First Heartland Consultants Inc. now owns 23,663 shares of the software giant’s stock valued at $1,363,000 after buying an additional 79 shares during the last quarter. Finally, Liberty Capital Management Inc. boosted its position in shares of Microsoft by 0.4% in the first quarter. Liberty Capital Management Inc. now owns 25,245 shares of the software giant’s stock valued at $1,663,000 after buying an additional 100 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Pioneer Trust Bank N A OR boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 86,715 shares of the software giant’s stock after buying an additional 418 shares during the period. Microsoft comprises about 3.3% of Pioneer Trust Bank N A OR’s holdings, making the stock its 8th largest position. Pioneer Trust Bank N A OR’s holdings in Microsoft were worth $5,711,000 at the end of the most recent reporting period.

Shares of Microsoft Co. (NASDAQ:MSFT) opened at 71.76 on Monday. The company has a market cap of $554.02 billion, a price-to-earnings ratio of 31.67 and a beta of 1.08. The stock has a 50 day moving average of $68.41 and a 200 day moving average of $64.65. Microsoft Co. has a 1-year low of $48.04 and a 1-year high of $71.86.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, April 27th. The software giant reported $0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.04. Microsoft had a return on equity of 32.12% and a net margin of 19.57%. The business had revenue of $23.56 billion during the quarter, compared to analyst estimates of $23.62 billion. During the same quarter in the previous year, the firm earned $0.62 EPS. Microsoft’s revenue was up 6.3% on a year-over-year basis. On average, equities analysts forecast that Microsoft Co. will post $3.03 EPS for the current year.

Several equities research analysts recently issued reports on the stock. Credit Suisse Group AG assumed coverage on shares of Microsoft in a report on Thursday, April 27th. They set an “outperform” rating and a $80.00 price target on the stock. Vetr lowered shares of Microsoft from a “buy” rating to a “hold” rating and set a $67.56 price target on the stock. in a report on Wednesday, March 8th. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $80.00 price target on shares of Microsoft in a report on Wednesday, April 19th. Atlantic Securities reaffirmed a “neutral” rating and set a $66.00 price target on shares of Microsoft in a report on Friday, April 28th. Finally, Cowen and Company lifted their price target on shares of Microsoft from $70.00 to $74.00 and gave the company an “outperform” rating in a report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $69.51. In related news, insider Jean Philippe Courtois sold 26,694 shares of the business’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $69.00, for a total value of $1,841,886.00. Following the transaction, the insider now directly owns 607,688 shares of the company’s stock, valued at approximately $41,930,472. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director William H. Gates III sold 2,500,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $69.40, for a total value of $173,500,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,060,786 shares of company stock valued at $831,893,332. Corporate insiders own 2.99% of the company’s stock.

Microsoft Company 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:MSFT”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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