Microsoft Co. (NASDAQ:MSFT) Shares Bought by Wells Trecaso Financial Group LLC

Wells Trecaso Financial Group LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,873 shares of the software giant’s stock after buying an additional 235 shares during the quarter. Microsoft comprises 6.2% of Wells Trecaso Financial Group LLC’s portfolio, making the stock its 2nd largest position. Wells Trecaso Financial Group LLC’s holdings in Microsoft were worth $11,383,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MSFT. DGS Capital Management LLC raised its stake in Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after acquiring an additional 2,383 shares during the period. IFM Investors Pty Ltd grew its stake in Microsoft by 20.8% during the 1st quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock worth $351,001,000 after buying an additional 196,338 shares during the last quarter. Altus Wealth Group LLC lifted its stake in Microsoft by 1.2% in the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after buying an additional 152 shares during the last quarter. Powell Investment Advisors LLC boosted its holdings in shares of Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after acquiring an additional 359 shares during the period. Finally, Onyx Bridge Wealth Group LLC grew its position in shares of Microsoft by 8.2% during the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock worth $1,921,000 after acquiring an additional 512 shares during the last quarter. Institutional investors own 69.15% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $231.93 on Friday. 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 1 year low of $213.43 and a 1 year high of $315.95. The company has a market cap of $1.73 trillion, a PE ratio of 24.99, a PEG ratio of 2.35 and a beta of 0.94. The stock’s 50-day moving average price is $241.84 and its two-hundred day moving average price is $250.23.

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, beating analysts’ consensus estimates of $2.29 by $0.06. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business had revenue of $50.12 billion for the quarter, compared to analyst estimates of $49.70 billion. During the same quarter in the previous year, the business earned $2.27 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. On average, analysts predict that Microsoft Co. will post 9.52 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 9th. Stockholders of record on Wednesday, February 15th will be given a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, February 15th. This represents a $2.72 annualized dividend and a dividend yield of 1.17%. Microsoft’s dividend payout ratio (DPR) is presently 29.31%.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent analyst reports. Cowen decreased their target price on shares of Microsoft from $310.00 to $285.00 and set an “outperform” rating for the company in a research report on Wednesday, October 26th. Mizuho decreased their price objective on Microsoft from $320.00 to $305.00 and set a “buy” rating for the company in a report on Wednesday, October 26th. Royal Bank of Canada set a $285.00 target price on Microsoft in a research note on Wednesday. Cowen lowered their price target on Microsoft from $285.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $288.33.

Insider Activity

In related news, EVP Judson Althoff sold 24,144 shares of the stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $254.27, for a total value of $6,139,094.88. Following the completion of the sale, the executive vice president now directly owns 150,047 shares of the company’s stock, valued at approximately $38,152,450.69. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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