Clean Yield Group Sells 634 Shares of Microsoft Co. (NASDAQ:MSFT)

Clean Yield Group cut its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 4.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,034 shares of the software giant’s stock after selling 634 shares during the quarter. Microsoft accounts for about 1.4% of Clean Yield Group’s portfolio, making the stock its 19th largest holding. Clean Yield Group’s holdings in Microsoft were worth $4,019,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. UBS Asset Management Americas Inc. raised its holdings in shares of Microsoft by 7.5% in the third quarter. UBS Asset Management Americas Inc. now owns 46,493,373 shares of the software giant’s stock valued at $13,107,412,000 after purchasing an additional 3,258,613 shares during the last quarter. Cedar Brook Financial Partners LLC increased its holdings in Microsoft by 6.0% during the fourth quarter. Cedar Brook Financial Partners LLC now owns 16,414 shares of the software giant’s stock worth $5,520,000 after buying an additional 931 shares during the last quarter. ACT Wealth Management LLC increased its holdings in Microsoft by 0.8% during the fourth quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant’s stock worth $1,378,000 after buying an additional 34 shares during the last quarter. Exane Asset Management boosted its position in Microsoft by 9.8% during the fourth quarter. Exane Asset Management now owns 42,455 shares of the software giant’s stock worth $14,278,000 after purchasing an additional 3,793 shares during the period. Finally, JTC Employer Solutions Trustee Ltd boosted its position in Microsoft by 98.5% during the fourth quarter. JTC Employer Solutions Trustee Ltd now owns 38,196 shares of the software giant’s stock worth $12,845,000 after purchasing an additional 18,954 shares during the period. 69.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on MSFT. The Goldman Sachs Group set a $365.00 target price on shares of Microsoft in a research report on Wednesday, April 27th. StockNews.com began coverage on shares of Microsoft in a research report on Thursday, March 31st. They set a “buy” rating for the company. Stifel Nicolaus cut their target price on shares of Microsoft from $350.00 to $320.00 in a research report on Thursday, June 2nd. Cowen cut their target price on shares of Microsoft from $360.00 to $330.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Credit Suisse Group set a $400.00 target price on shares of Microsoft in a research report on Friday, June 3rd. One equities research analyst has rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $346.52.

Microsoft Stock Performance

NASDAQ:MSFT opened at $260.36 on Monday. The stock has a market cap of $1.95 trillion, a P/E ratio of 27.18, a price-to-earnings-growth ratio of 2.02 and a beta of 0.93. The firm’s fifty day simple moving average is $260.39 and its 200 day simple moving average is $282.84. Microsoft Co. has a twelve month low of $241.51 and a twelve month high of $349.67. The company has a quick ratio of 1.95, a current ratio of 1.99 and a debt-to-equity ratio of 0.30.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings results on Tuesday, April 26th. The software giant reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.04. The business had revenue of $49.36 billion for the quarter, compared to analysts’ expectations of $49.05 billion. Microsoft had a net margin of 37.63% and a return on equity of 44.85%. The firm’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.95 earnings per share. As a group, research analysts predict that Microsoft Co. will post 9.27 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Thursday, August 18th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 0.95%. The ex-dividend date is Wednesday, August 17th. Microsoft’s dividend payout ratio (DPR) 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.

See Also

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTGet Rating).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.