Nikulski Financial Inc. Acquires 535 Shares of Microsoft Co. (NASDAQ:MSFT)

Nikulski Financial Inc. boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 4.1% during the 1st quarter, Holdings Channel reports. The firm owned 13,686 shares of the software giant’s stock after buying an additional 535 shares during the period. Microsoft comprises about 1.8% of Nikulski Financial Inc.’s portfolio, making the stock its 15th biggest holding. Nikulski Financial Inc.’s holdings in Microsoft were worth $4,220,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Joseph Group Capital Management purchased a new position in Microsoft during the 4th quarter valued at approximately $1,535,000. Shore Point Advisors LLC purchased a new position in Microsoft during the 4th quarter valued at approximately $40,000. Macroview Investment Management LLC purchased a new position in Microsoft during the 4th quarter valued at approximately $62,000. TFO TDC LLC grew its holdings in Microsoft by 6,566.7% during the 4th quarter. TFO TDC LLC now owns 200 shares of the software giant’s stock valued at $68,000 after buying an additional 197 shares in the last quarter. Finally, Evolution Advisers Inc. purchased a new position in Microsoft during the 4th quarter valued at approximately $84,000. 69.99% of the stock is currently owned by institutional investors.

MSFT has been the subject of several research analyst reports. Royal Bank of Canada set a $380.00 price target on Microsoft in a report on Thursday, May 19th. Stifel Nicolaus dropped their target price on Microsoft from $350.00 to $320.00 in a report on Thursday, June 2nd. Deutsche Bank Aktiengesellschaft dropped their target price on Microsoft from $390.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 27th. Evercore ISI dropped their target price on Microsoft from $370.00 to $330.00 and set an “inline” rating for the company in a report on Wednesday, April 27th. Finally, UBS Group set a $330.00 target price on Microsoft in a report on Monday. One investment analyst has rated the stock with a hold rating and twenty-nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.36.

MSFT opened at $258.86 on Friday. The firm has a market cap of $1.94 trillion, a price-to-earnings ratio of 27.02, a PEG ratio of 2.29 and a beta of 0.94. The company has a current ratio of 1.99, a quick ratio of 1.95 and a debt-to-equity ratio of 0.30. Microsoft Co. has a 12 month low of $241.51 and a 12 month high of $349.67. The stock has a fifty day moving average price of $267.07 and a 200-day moving average price of $293.43.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings results on Tuesday, April 26th. The software giant reported $2.22 EPS for the quarter, topping the consensus estimate of $2.18 by $0.04. The firm had revenue of $49.36 billion during the quarter, compared to analyst estimates of $49.05 billion. Microsoft had a return on equity of 44.85% and a net margin of 37.63%. The business’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.95 EPS. On average, equities research analysts forecast that Microsoft Co. will post 9.28 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Thursday, August 18th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 0.96%. The ex-dividend date is Wednesday, August 17th. Microsoft’s dividend payout ratio is currently 25.89%.

Microsoft Company Profile (Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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