KLCM Advisors Inc. Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

KLCM Advisors Inc. increased its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,015 shares of the software giant’s stock after purchasing an additional 47 shares during the period. KLCM Advisors Inc.’s holdings in Microsoft were worth $2,058,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MSFT. Northwest Wealth Management LLC boosted its position in Microsoft by 0.8% during the first quarter. Northwest Wealth Management LLC now owns 4,536 shares of the software giant’s stock worth $1,399,000 after purchasing an additional 37 shares during the period. Flynn Zito Capital Management LLC increased its stake in Microsoft by 0.4% in the first quarter. Flynn Zito Capital Management LLC now owns 10,532 shares of the software giant’s stock valued at $3,247,000 after acquiring an additional 38 shares during the period. Financial Advisors Network Inc. raised its position in Microsoft by 1.1% in the second quarter. Financial Advisors Network Inc. now owns 3,482 shares of the software giant’s stock worth $894,000 after purchasing an additional 39 shares in the last quarter. Trinity Financial Advisors LLC boosted its holdings in Microsoft by 0.9% during the first quarter. Trinity Financial Advisors LLC now owns 4,636 shares of the software giant’s stock valued at $1,429,000 after purchasing an additional 40 shares in the last quarter. Finally, Atlas Financial Advisors Inc. raised its holdings in shares of Microsoft by 3.3% in the 1st quarter. Atlas Financial Advisors Inc. now owns 1,267 shares of the software giant’s stock worth $391,000 after buying an additional 40 shares in the last quarter. 69.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction that occurred 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 transaction, the chief marketing officer now directly owns 109,837 shares in the company, valued at approximately $29,244,101.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on MSFT shares. Rosenblatt Securities dropped their price objective on Microsoft from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, October 27th. Stifel Nicolaus dropped their target price on Microsoft from $300.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Wolfe Research dropped their price objective on shares of Microsoft from $340.00 to $280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Credit Suisse Group lowered their target price on Microsoft from $400.00 to $365.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. Finally, Cowen lowered their price objective on Microsoft from $310.00 to $285.00 and set an “outperform” rating for the company in a research report on Wednesday, October 26th. Three equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $300.64.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $247.58 on Friday. Microsoft Co. has a 12 month low of $213.43 and a 12 month high of $344.30. The firm has a market capitalization of $1.85 trillion, a P/E ratio of 26.68, a P/E/G ratio of 2.36 and a beta of 0.92. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.84 and a quick ratio of 1.79. The company’s fifty day moving average price is $237.12 and its 200 day moving average price is $255.62.

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

Microsoft Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders 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 dividend yield of 1.10%. 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 is presently 29.31%.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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