Microsoft Co. (NASDAQ:MSFT) Shares Bought by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. increased its holdings in Microsoft Co. (NASDAQ:MSFTGet Rating) by 9.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 251,393 shares of the software giant’s stock after purchasing an additional 20,847 shares during the quarter. Microsoft accounts for about 8.0% of Mmbg Investment Advisors CO.’s holdings, making the stock its 2nd largest holding. Mmbg Investment Advisors CO.’s holdings in Microsoft were worth $64,565,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MSFT. University of Texas Texas AM Investment Managment Co. raised its holdings in shares of 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 valued at $26,000 after acquiring an additional 79 shares during the last quarter. Monumental Financial Group Inc. acquired a new position in shares of Microsoft during the first quarter valued at approximately $28,000. 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 acquiring an additional 154 shares during the last quarter. Artemis Wealth Advisors LLC acquired a new position in shares of Microsoft during the first quarter valued at approximately $68,000. Finally, Newfound Research LLC raised its holdings in shares of Microsoft by 25.4% during the second quarter. Newfound Research LLC now owns 296 shares of the software giant’s stock valued at $76,000 after acquiring an additional 60 shares during the last quarter. Institutional investors and hedge funds own 69.29% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction on Monday, September 12th. The stock was 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 directly owns 109,837 shares in the company, valued at $29,244,101.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by insiders.

Microsoft Stock Down 0.0 %

Shares of NASDAQ MSFT opened at $241.68 on Friday. The stock has a market cap of $1.80 trillion, a P/E ratio of 26.04, a PEG ratio of 2.33 and a beta of 0.92. The company has a current ratio of 1.84, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. Microsoft Co. has a 12-month low of $213.43 and a 12-month high of $349.67. The business’s fifty day simple moving average is $238.31 and its 200-day simple moving average is $256.85.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings data on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.30 by $0.05. The business had revenue of $50.12 billion for the quarter, compared to analysts’ expectations of $49.70 billion. Microsoft had a return on equity of 42.10% and a net margin of 34.37%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period last year, the firm earned $2.27 earnings per share. As a group, equities analysts predict that Microsoft Co. will post 9.62 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be paid a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, November 16th. This is a boost from Microsoft’s previous quarterly dividend of $0.62. This represents a $2.72 dividend on an annualized basis and a yield of 1.13%. Microsoft’s dividend payout ratio (DPR) is currently 26.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Credit Suisse Group reduced their target price on Microsoft from $400.00 to $365.00 and set an “outperform” rating for the company in a report on Wednesday, October 26th. Fundamental Research dropped their price target on Microsoft to $270.00 and set a “buy” rating for the company in a research report on Tuesday, November 8th. Wells Fargo & Company dropped their price target on Microsoft from $315.00 to $300.00 and set an “overweight” rating for the company in a research report on Wednesday, October 26th. Deutsche Bank Aktiengesellschaft dropped their price target on Microsoft from $315.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, October 26th. Finally, JPMorgan Chase & Co. dropped their price target on Microsoft from $305.00 to $275.00 in a research report on Wednesday, October 26th. Three investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $300.64.

Microsoft Company Profile

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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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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