AHL Investment Management Inc. Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

AHL Investment Management Inc. increased its holdings in Microsoft Co. (NASDAQ:MSFTGet Rating) by 18.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,434 shares of the software giant’s stock after purchasing an additional 3,161 shares during the quarter. Microsoft makes up approximately 5.8% of AHL Investment Management Inc.’s holdings, making the stock its 2nd largest holding. AHL Investment Management Inc.’s holdings in Microsoft were worth $6,300,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. ACT Wealth Management LLC boosted its position in Microsoft by 0.8% during the 4th quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant’s stock valued at $1,378,000 after acquiring an additional 34 shares in the last quarter. Krilogy Financial LLC boosted its position in Microsoft by 2.5% during the 4th quarter. Krilogy Financial LLC now owns 28,750 shares of the software giant’s stock valued at $9,669,000 after acquiring an additional 690 shares in the last quarter. Nova R Wealth Inc. bought a new stake in Microsoft during the 4th quarter valued at approximately $2,236,000. Stevens Capital Management LP boosted its position in Microsoft by 54.4% during the 4th quarter. Stevens Capital Management LP now owns 27,394 shares of the software giant’s stock valued at $9,213,000 after acquiring an additional 9,653 shares in the last quarter. Finally, Bank of The West boosted its position in Microsoft by 1.2% during the 4th quarter. Bank of The West now owns 174,586 shares of the software giant’s stock valued at $58,717,000 after acquiring an additional 2,135 shares in the last quarter. 69.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MSFT has been the topic of several research reports. The Goldman Sachs Group set a $365.00 price objective on Microsoft in a research report on Wednesday, April 27th. Cowen cut their price objective on Microsoft from $330.00 to $320.00 and set an “outperform” rating on the stock in a research report on Friday, July 22nd. Rosenblatt Securities lowered their target price on shares of Microsoft from $349.00 to $330.00 and set a “buy” rating for the company in a report on Tuesday, July 26th. JPMorgan Chase & Co. set a $320.00 target price on shares of Microsoft in a report on Thursday, June 9th. Finally, Jefferies Financial Group lowered their target price on shares of Microsoft from $325.00 to $320.00 in a report on Monday, June 13th. One investment analyst has rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $335.72.

Microsoft Trading Down 0.3 %

Shares of MSFT stock opened at $282.91 on Friday. Microsoft Co. has a 1 year low of $241.51 and a 1 year high of $349.67. The firm has a fifty day moving average price of $262.96 and a 200-day moving average price of $280.24. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.75. The company has a market cap of $2.11 trillion, a price-to-earnings ratio of 29.35, a PEG ratio of 2.38 and a beta of 0.93.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.06). Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same quarter in the prior year, the company posted $2.17 EPS. As a group, equities analysts predict that Microsoft Co. will post 10.14 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, August 17th. Microsoft’s payout ratio is 25.73%.

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.

Read More

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.