Deccan Value Investors buys $131.7 Million stake in Microsoft Corporation (MSFT)

Microsoft Corporation (MSFT) : Deccan Value Investors scooped up 319,800 additional shares in Microsoft Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 2,577,400 shares of Microsoft Corporation which is valued at $131.7 Million.Microsoft Corporation makes up approximately 12.48% of Deccan Value Investors’s portfolio.

Other Hedge Funds, Including , Dsam Partners (london) Ltd sold out all of its stake in MSFT during the most recent quarter. The investment firm sold 167,807 shares of MSFT which is valued $8.6 Million.Osher Van De Voorde Investment Management reduced its stake in MSFT by selling 33,850 shares or 20.23% in the most recent quarter. The Hedge Fund company now holds 133,491 shares of MSFT which is valued at $6.8 Million. Microsoft Corporation makes up approx 4.37% of Osher Van De Voorde Investment Management’s portfolio.Loeb Partners Corp boosted its stake in MSFT in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 25,520 shares of Microsoft Corporation which is valued at $1.3 Million. Microsoft Corporation makes up approx 0.45% of Loeb Partners Corp’s portfolio.Marble Harbor Investment Counsel boosted its stake in MSFT in the latest quarter, The investment management firm added 6,060 additional shares and now holds a total of 219,384 shares of Microsoft Corporation which is valued at $11.1 Million. Microsoft Corporation makes up approx 2.79% of Marble Harbor Investment Counsel’s portfolio.Veritas Investment Management (uk) Ltd boosted its stake in MSFT in the latest quarter, The investment management firm added 2,895 additional shares and now holds a total of 334,916 shares of Microsoft Corporation which is valued at $16.9 Million. Microsoft Corporation makes up approx 8.54% of Veritas Investment Management (uk) Ltd’s portfolio.

Microsoft Corporation opened for trading at $51.92 and hit $52.49 on the upside on Wednesday, eventually ending the session at $52.12, with a gain of 1.03% or 0.53 points. The heightened volatility saw the trading volume jump to 2,42,04,266 shares. Company has a market cap of $409,688 M.

On the company’s financial health, Microsoft Corporation reported $0.62 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus of $0.64. The company had revenue of $22076.00 million for the quarter, compared to analysts expectations of $22107.44 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.

Many Wall Street Analysts have commented on Microsoft Corporation. Shares were Reiterated by BMO Capital Markets on Apr 22, 2016 to “Outperform” and Lowered the Price Target to $ 57 from a previous price target of $58 .Microsoft Corporation was Initiated by Macquarie to “Neutral” on Mar 4, 2016.

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 Company’s 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.

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