Regency Capital Management Inc. DE Acquires 2,731 Shares of Microsoft Co. (NASDAQ:MSFT)

Regency Capital Management Inc. DE grew its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 21.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,597 shares of the software giant’s stock after buying an additional 2,731 shares during the quarter. Microsoft makes up 4.3% of Regency Capital Management Inc. DE’s portfolio, making the stock its 11th largest position. Regency Capital Management Inc. DE’s holdings in Microsoft were worth $4,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DDD Partners LLC increased its stake in shares of Microsoft by 0.4% during the 2nd quarter. DDD Partners LLC now owns 122,268 shares of the software giant’s stock worth $31,402,000 after purchasing an additional 483 shares during the last quarter. Matrix Trust Co grew its stake in Microsoft by 181.0% in the 2nd quarter. Matrix Trust Co now owns 2,768 shares of the software giant’s stock valued at $711,000 after buying an additional 1,783 shares during the last quarter. Benin Management CORP grew its stake in Microsoft by 4.3% in the 2nd quarter. Benin Management CORP now owns 55,569 shares of the software giant’s stock valued at $14,272,000 after buying an additional 2,282 shares during the last quarter. Once Capital Management LLC grew its stake in Microsoft by 6.2% in the 2nd quarter. Once Capital Management LLC now owns 27,400 shares of the software giant’s stock valued at $7,037,000 after buying an additional 1,600 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Microsoft by 2.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,997,317 shares of the software giant’s stock worth $512,395,000 after purchasing an additional 54,046 shares in the last quarter. 69.29% of the stock is owned by institutional investors.

Microsoft Trading Down 0.2 %

MSFT opened at $241.22 on Friday. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $349.67. The company has a quick ratio of 1.79, a current ratio of 1.84 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $237.85 and a 200-day moving average of $256.37. The stock has a market cap of $1.80 trillion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.33 and a beta of 0.92.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings data on Tuesday, October 25th. The software giant reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.30 by $0.05. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The company had revenue of $50.12 billion during the quarter, compared to analysts’ expectations of $49.70 billion. During the same period in the prior year, the company posted $2.27 earnings per share. Microsoft’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, sell-side analysts predict that Microsoft Co. will post 9.62 EPS for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.13%. This is a boost from Microsoft’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Wednesday, November 16th. Microsoft’s dividend payout ratio (DPR) is presently 29.31%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MSFT. Jefferies Financial Group decreased their target price on shares of Microsoft from $275.00 to $270.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Oppenheimer decreased their target price on shares of Microsoft from $275.00 to $265.00 in a research report on Wednesday, October 26th. UBS Group set a $300.00 target price on shares of Microsoft in a research report on Monday, November 14th. Raymond James decreased their target price on shares of Microsoft from $300.00 to $280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Finally, Itaú Unibanco assumed coverage on shares of Microsoft in a report on Tuesday, July 26th. They set an “outperform” rating and a $287.00 price target for the company. Three research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $300.64.

Insiders Place Their Bets

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 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 directly owns 109,837 shares in the company, valued at $29,244,101.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.03% of the company’s stock.

Microsoft 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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