Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lowered by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC cut its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,410 shares of the software giant’s stock after selling 340 shares during the quarter. Microsoft comprises 0.1% of Angeles Investment Advisors LLC’s holdings, making the stock its 20th biggest position. Angeles Investment Advisors LLC’s holdings in Microsoft were worth $1,133,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Vanguard Group Inc. grew its holdings in Microsoft by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock worth $191,644,927,000 after buying an additional 5,648,095 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Microsoft by 2.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 39,863,273 shares of the software giant’s stock worth $12,290,246,000 after purchasing an additional 766,487 shares in the last quarter. Swiss National Bank grew its stake in shares of Microsoft by 13.8% in the first quarter. Swiss National Bank now owns 30,893,155 shares of the software giant’s stock worth $9,524,669,000 after purchasing an additional 3,757,500 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Microsoft by 3.8% during the first quarter. Fisher Asset Management LLC now owns 27,871,939 shares of the software giant’s stock valued at $8,593,198,000 after purchasing an additional 1,027,207 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Microsoft by 0.4% during the second quarter. Jennison Associates LLC now owns 23,188,553 shares of the software giant’s stock valued at $5,955,516,000 after purchasing an additional 96,222 shares in the last quarter. 69.29% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Up 1.0 %

Microsoft stock 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 company has a quick ratio of 1.79, a current ratio of 1.84 and a debt-to-equity ratio of 0.26. The stock has a market cap 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’s fifty day simple moving average is $237.12 and its 200-day simple moving average is $255.62.

Microsoft (NASDAQ:MSFTGet Rating) last issued its earnings results on Tuesday, October 25th. The software giant reported $2.35 EPS for the quarter, beating 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 in the previous year, the company posted $2.27 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Microsoft Co. will post 9.62 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently disclosed 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. This represents a $2.72 annualized dividend and a yield of 1.10%. The ex-dividend date is Wednesday, November 16th. This is a positive change from Microsoft’s previous quarterly dividend of $0.62. Microsoft’s dividend payout ratio (DPR) is presently 29.31%.

Insiders Place Their Bets

In other 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 transaction of $1,331,250.00. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on MSFT. Barclays set a $296.00 target price on shares of Microsoft in a research note on Tuesday, November 1st. Wolfe Research lowered their price objective on shares of Microsoft from $340.00 to $280.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 26th. Guggenheim assumed coverage on Microsoft in a research report on Friday, August 12th. They issued a “neutral” rating and a $292.00 target price for the company. Raymond James lowered their price target on Microsoft from $300.00 to $280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Finally, Stifel Nicolaus cut their price objective on Microsoft from $300.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, October 26th. Three equities 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $300.64.

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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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