Microsoft Co. (NASDAQ:MSFT) is Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s 2nd Largest Position

Investmentaktiengesellschaft Fuer Langfristige Investoren TGV reduced its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 777,450 shares of the software giant’s stock after selling 600 shares during the period. Microsoft accounts for about 19.6% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s investment portfolio, making the stock its 2nd largest holding. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings in Microsoft were worth $181,068,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MSFT. Phoenix Wealth Advisors increased its stake in Microsoft by 2.0% during the 2nd quarter. Phoenix Wealth Advisors now owns 17,286 shares of the software giant’s stock valued at $4,440,000 after purchasing an additional 343 shares in the last quarter. Jmac Enterprises LLC increased its stake in Microsoft by 1.0% during the 2nd quarter. Jmac Enterprises LLC now owns 16,798 shares of the software giant’s stock valued at $4,314,000 after purchasing an additional 169 shares in the last quarter. ARGI Investment Services LLC increased its stake in Microsoft by 9.9% during the 2nd quarter. ARGI Investment Services LLC now owns 37,326 shares of the software giant’s stock valued at $9,586,000 after purchasing an additional 3,358 shares in the last quarter. First PREMIER Bank grew its stake in shares of Microsoft by 0.3% in the second quarter. First PREMIER Bank now owns 26,082 shares of the software giant’s stock worth $6,699,000 after acquiring an additional 79 shares during the period. Finally, Seaview Investment Managers LLC grew its stake in shares of Microsoft by 4.9% in the second quarter. Seaview Investment Managers LLC now owns 26,839 shares of the software giant’s stock worth $6,893,000 after acquiring an additional 1,261 shares during the period. 69.15% of the stock is owned by hedge funds and other institutional investors.

Microsoft Trading Up 0.5 %

Shares of MSFT opened at $240.35 on Wednesday. The company’s fifty day moving average is $241.83 and its 200 day moving average is $250.46. Microsoft Co. has a fifty-two week low of $213.43 and a fifty-two week high of $315.95. The stock has a market capitalization of $1.79 trillion, a PE ratio of 25.90, a P/E/G ratio of 2.35 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 1.84.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.06. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The company had revenue of $50.12 billion for the quarter, compared to analysts’ expectations of $49.70 billion. During the same quarter in the previous year, the business posted $2.27 earnings per share. Microsoft’s quarterly revenue was up 10.6% on a year-over-year basis. Sell-side analysts expect that Microsoft Co. will post 9.52 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 9th. Investors of record on Wednesday, February 15th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.13%. The ex-dividend date is Wednesday, February 15th. Microsoft’s dividend payout ratio is presently 29.31%.

Insider Buying and Selling

In other Microsoft news, EVP Judson Althoff sold 24,144 shares of the business’s stock in a transaction on Thursday, December 1st. The shares were sold at an average price of $254.27, for a total transaction of $6,139,094.88. Following the transaction, the executive vice president now owns 150,047 shares in the company, valued at $38,152,450.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Royal Bank of Canada set a $285.00 price target on shares of Microsoft in a research note on Tuesday, January 10th. Macquarie assumed coverage on shares of Microsoft in a research note on Wednesday, November 2nd. They issued a “neutral” rating and a $234.00 price target for the company. Fundamental Research dropped their price objective on shares of Microsoft to $270.00 and set a “buy” rating on the stock in a report on Tuesday, November 8th. Rosenblatt Securities dropped their price objective on shares of Microsoft from $300.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, October 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Microsoft from $315.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, October 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirty have given a buy rating to the company. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus target price of $289.15.

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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