Microsoft Corporation (MSFT) : Whale Rock Capital Management added new position in Microsoft Corporation during the most recent quarter end. The investment management firm now holds 1,156,554 shares of Microsoft Corporation which is valued at $67,010,739 , the company said in a statement filed on Aug 15, 2016 with the SEC.Microsoft Corporation makes up approximately 5.23% of Whale Rock Capital Management’s portfolio.
Other Hedge Funds, Including , Aternalis Capital sold out all of its stake in MSFT during the most recent quarter. The investment firm sold 311,000 shares of MSFT which is valued $18,019,340.Penserra Capital Management boosted its stake in MSFT in the latest quarter, The investment management firm added 118 additional shares and now holds a total of 788 shares of Microsoft Corporation which is valued at $45,940. Microsoft Corporation makes up approx 0.01% of Penserra Capital Management’s portfolio.Harfst Associates boosted its stake in MSFT in the latest quarter, The investment management firm added 38,486 additional shares and now holds a total of 48,587 shares of Microsoft Corporation which is valued at $2,816,103. Microsoft Corporation makes up approx 1.08% of Harfst Associates’s portfolio.Capital Fund Management S.a. boosted its stake in MSFT in the latest quarter, The investment management firm added 1,960,187 additional shares and now holds a total of 2,414,802 shares of Microsoft Corporation which is valued at $135,687,724. Microsoft Corporation makes up approx 2.33% of Capital Fund Management S.a.’s portfolio.
Microsoft Corporation opened for trading at $57.01 and hit $57.82 on the upside on Thursday, eventually ending the session at $57.59, with a gain of 0.23% or 0.13 points. The heightened volatility saw the trading volume jump to 2,60,75,363 shares. Company has a market cap of $448,771 M.
On the company’s financial health, Microsoft Corporation reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.58. The company had revenue of $22642.00 million for the quarter, compared to analysts expectations of $22137.35 million. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.
Many Wall Street Analysts have commented on Microsoft Corporation. Company shares were Reiterated by FBN Securities on Jul 20, 2016 to “Outperform”, Firm has raised the Price Target to $ 65 from a previous price target of $55 .Company shares were Reiterated by UBS on Jul 20, 2016 to “Buy”, Firm has raised the Price Target to $ 62 from a previous price target of $59 .Company shares were Reiterated by BMO Capital Markets on Jul 20, 2016 to “Outperform”, Firm has raised the Price Target to $ 62 from a previous price target of $57 .
Microsoft Corporation is engaged in developing licensing and supporting a range of software products and services. The Company also designs and sells hardware and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing D&C Hardware D&C Other Commercial Licensing and Commercial Other. The Companys products include operating systems for computing devices servers phones and other intelligent devices; server applications for distributed computing environments; productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. It also offers cloud-based solutions that provide customers with software services and content over the Internet by way of shared computing resources located in centralized data centers. It provides consulting and product and solution support services.