Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Capital Market Strategies LLC

Capital Market Strategies LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,192 shares of the software giant’s stock after acquiring an additional 115 shares during the quarter. Microsoft accounts for about 4.1% of Capital Market Strategies LLC’s investment portfolio, making the stock its 3rd largest holding. Capital Market Strategies LLC’s holdings in Microsoft were worth $3,902,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Coastline Trust Co raised its stake in shares of Microsoft by 0.9% in the 4th quarter. Coastline Trust Co now owns 79,457 shares of the software giant’s stock valued at $26,723,000 after acquiring an additional 724 shares in the last quarter. American Institute for Advanced Investment Management LLP raised its position in shares of Microsoft by 1.2% in the fourth quarter. American Institute for Advanced Investment Management LLP now owns 10,876 shares of the software giant’s stock valued at $3,658,000 after purchasing an additional 130 shares during the period. Teacher Retirement System of Texas lifted its stake in shares of Microsoft by 16.5% in the fourth quarter. Teacher Retirement System of Texas now owns 2,973,353 shares of the software giant’s stock worth $999,998,000 after buying an additional 421,318 shares during the last quarter. OPSEU Pension Plan Trust Fund boosted its holdings in shares of Microsoft by 16.8% during the 4th quarter. OPSEU Pension Plan Trust Fund now owns 7,280 shares of the software giant’s stock worth $2,427,000 after buying an additional 1,047 shares during the period. Finally, AMJ Financial Wealth Management boosted its holdings in shares of Microsoft by 7.7% during the 4th quarter. AMJ Financial Wealth Management now owns 49,604 shares of the software giant’s stock worth $16,683,000 after buying an additional 3,549 shares during the period. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Trading Down 1.4 %

Shares of Microsoft stock opened at $238.95 on Thursday. The stock has a market capitalization of $1.78 trillion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 2.06 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. The company has a 50-day simple moving average of $267.91 and a 200 day simple moving average of $272.92. Microsoft Co. has a 12-month low of $238.90 and a 12-month high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last announced its earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.28 by ($0.05). The firm had revenue of $51.87 billion for the quarter, compared to analyst estimates of $52.31 billion. Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same quarter last year, the business earned $2.17 EPS. Research analysts expect that Microsoft Co. will post 10.15 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Thursday, November 17th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.14%. This is a boost from Microsoft’s previous quarterly dividend of $0.62. Microsoft’s dividend payout ratio (DPR) is 25.73%.

Analysts Set New Price Targets

MSFT has been the subject of several recent analyst reports. Itaú Unibanco initiated coverage on shares of Microsoft in a report on Tuesday, July 26th. They set an “outperform” rating and a $287.00 price objective for the company. Citigroup decreased their price objective on shares of Microsoft from $330.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, July 27th. Piper Sandler decreased their price objective on shares of Microsoft from $352.00 to $312.00 and set an “overweight” rating for the company in a report on Friday, July 8th. Stifel Nicolaus decreased their price objective on shares of Microsoft from $320.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, July 27th. Finally, Morgan Stanley decreased their price objective on shares of Microsoft from $372.00 to $354.00 and set an “overweight” rating for the company in a report on Tuesday, July 12th. Two investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $334.31.

Insider Buying and Selling

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief marketing officer now owns 109,837 shares in the company, valued at approximately $29,244,101.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Microsoft Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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