Quilter Plc Has $251.90 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Quilter Plc increased its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 817,039 shares of the software giant’s stock after buying an additional 25,101 shares during the period. Microsoft accounts for 6.8% of Quilter Plc’s holdings, making the stock its 2nd biggest holding. Quilter Plc’s holdings in Microsoft were worth $251,901,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. University of Texas Texas AM Investment Managment Co. raised its stake in Microsoft by 1,316.7% during the first quarter. University of Texas Texas AM Investment Managment Co. now owns 85 shares of the software giant’s stock worth $26,000 after buying an additional 79 shares during the last quarter. Monumental Financial Group Inc. bought a new stake in Microsoft in the first quarter valued at $28,000. Shore Point Advisors LLC acquired a new position in shares of Microsoft during the fourth quarter valued at about $40,000. Tobam raised its holdings in shares of Microsoft by 15,400.0% during the first quarter. Tobam now owns 155 shares of the software giant’s stock valued at $48,000 after purchasing an additional 154 shares during the period. Finally, Artemis Wealth Advisors LLC bought a new position in shares of Microsoft during the 1st quarter worth about $68,000. Institutional investors own 69.29% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $252.22 on Thursday. Microsoft Co. has a twelve month low of $241.51 and a twelve month high of $349.67. The stock’s 50 day moving average price is $270.01 and its 200-day moving average price is $275.06. The company has a market capitalization of $1.88 trillion, a PE ratio of 26.16, a PEG ratio of 2.12 and a beta of 0.94. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.28.

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

Analyst Ratings Changes

A number of analysts recently commented on MSFT shares. Morgan Stanley decreased their target price on Microsoft from $372.00 to $354.00 and set an “overweight” rating for the company in a research report on Tuesday, July 12th. UBS Group set a $330.00 target price on Microsoft in a research report on Monday, June 20th. Stifel Nicolaus decreased their target price on Microsoft from $320.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, July 27th. Rosenblatt Securities decreased their target price on Microsoft from $349.00 to $330.00 and set a “buy” rating for the company in a research report on Tuesday, July 26th. Finally, Cowen decreased their target price on Microsoft from $330.00 to $320.00 and set an “outperform” rating for the company in a research report on Friday, July 22nd. Two equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $334.31.

Insider Transactions at Microsoft

In related news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $266.25, for a total value of $1,331,250.00. Following the sale, the chief marketing officer now owns 109,837 shares of the company’s stock, valued at approximately $29,244,101.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.05% of the company’s stock.

About Microsoft

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; 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

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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