Marathon Trading Investment Management Lowers stake in Microsoft Corporation (MSFT)

Microsoft Corporation (MSFT) : Marathon Trading Investment Management reduced its stake in Microsoft Corporation by 31.66% during the most recent quarter end. The investment management company now holds a total of 68,433 shares of Microsoft Corporation which is valued at $3.5 Million after selling 31,700 shares in Microsoft Corporation , the firm said in a disclosure report filed with the SEC on May 13, 2016.Microsoft Corporation makes up approximately 4.05% of Marathon Trading Investment Management’s portfolio.

Other Hedge Funds, Including , Karpus Management reduced its stake in MSFT by selling 1,500 shares or 27.92% in the most recent quarter. The Hedge Fund company now holds 3,872 shares of MSFT which is valued at $197,782. Microsoft Corporation makes up approx 0.01% of Karpus Management’s portfolio.Ropes Wealth Advisors boosted its stake in MSFT in the latest quarter, The investment management firm added 2,171 additional shares and now holds a total of 118,327 shares of Microsoft Corporation which is valued at $6 Million. Microsoft Corporation makes up approx 2.68% of Ropes Wealth Advisors’s portfolio.Winslow Capital Management boosted its stake in MSFT in the latest quarter, The investment management firm added 6,579,236 additional shares and now holds a total of 11,506,085 shares of Microsoft Corporation which is valued at $587.7 Million. Microsoft Corporation makes up approx 2.31% of Winslow Capital Management’s portfolio.Old Mutual Customised Solutions (proprietary) Ltd reduced its stake in MSFT by selling 18,000 shares or 30.2% in the most recent quarter. The Hedge Fund company now holds 41,600 shares of MSFT which is valued at $2.1 Million. Microsoft Corporation makes up approx 0.55% of Old Mutual Customised Solutions (proprietary) Ltd’s portfolio.Buckingham Asset Management boosted its stake in MSFT in the latest quarter, The investment management firm added 2,874 additional shares and now holds a total of 45,082 shares of Microsoft Corporation which is valued at $2.3 Million. Microsoft Corporation makes up approx 0.75% of Buckingham Asset Management’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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