Integrated Investment Consultants LLC Has $3.97 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Integrated Investment Consultants LLC reduced its position in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 3.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 17,065 shares of the software giant’s stock after selling 597 shares during the period. Microsoft accounts for approximately 1.6% of Integrated Investment Consultants LLC’s investment portfolio, making the stock its 14th largest holding. Integrated Investment Consultants LLC’s holdings in Microsoft were worth $3,974,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Walled Lake Planning & Wealth Management LLC increased its position in Microsoft by 0.5% during the second quarter. Walled Lake Planning & Wealth Management LLC now owns 7,369 shares of the software giant’s stock worth $1,893,000 after buying an additional 38 shares during the last quarter. Financial Advisors Network Inc. increased its position in Microsoft by 1.1% during the second quarter. Financial Advisors Network Inc. now owns 3,482 shares of the software giant’s stock worth $894,000 after buying an additional 39 shares during the last quarter. Donoghue Forlines LLC increased its position in Microsoft by 1.6% during the second quarter. Donoghue Forlines LLC now owns 2,598 shares of the software giant’s stock worth $667,000 after buying an additional 40 shares during the last quarter. Rovin Capital UT ADV increased its position in Microsoft by 1.1% during the third quarter. Rovin Capital UT ADV now owns 3,747 shares of the software giant’s stock worth $873,000 after buying an additional 40 shares during the last quarter. Finally, Fountainhead AM LLC increased its position in Microsoft by 1.0% during the second quarter. Fountainhead AM LLC now owns 4,196 shares of the software giant’s stock worth $1,078,000 after buying an additional 41 shares during the last quarter. 69.15% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Up 1.8 %

Shares of MSFT opened at $265.44 on Thursday. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $315.95. The stock has a market capitalization of $1.98 trillion, a price-to-earnings ratio of 29.49, a PEG ratio of 2.28 and a beta of 0.92. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.89 and a current ratio of 1.93. The stock has a fifty day moving average of $250.14 and a 200-day moving average of $245.23.

Microsoft (NASDAQ:MSFT – Get Rating) last announced its quarterly earnings results on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.05. Microsoft had a return on equity of 39.87% and a net margin of 33.05%. The company had revenue of $52.75 billion during the quarter, compared to analysts’ expectations of $53.17 billion. During the same period in the prior year, the company earned $2.48 EPS. Microsoft’s revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Microsoft Co. will post 9.34 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 6th. Investors of record on Thursday, May 18th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.72 dividend on an annualized basis and a yield of 1.02%. Microsoft’s payout ratio is 30.22%.

Insider Activity at Microsoft

In related news, CEO Satya Nadella sold 4,767 shares of the stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total value of $1,186,410.96. Following the completion of the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at $196,272,990. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Microsoft news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $272.32, for a total transaction of $272,320.00. Following the completion of the sale, the chief marketing officer now directly owns 116,362 shares in the company, valued at approximately $31,687,699.84. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Satya Nadella sold 4,767 shares of the stock in a transaction dated Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total value of $1,186,410.96. Following the sale, the chief executive officer now owns 788,625 shares of the company’s stock, valued at $196,272,990. The disclosure for this sale can be found here. Insiders sold 6,767 shares of company stock worth $1,728,111 over the last three months. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

MSFT has been the topic of a number of recent analyst reports. Guggenheim downgraded Microsoft from a “neutral” rating to a “sell” rating and set a $212.00 price target on the stock. in a research report on Tuesday, January 17th. BMO Capital Markets downgraded Microsoft from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $267.00 to $265.00 in a research report on Wednesday, January 25th. They noted that the move was a valuation call. Wolfe Research decreased their target price on Microsoft from $280.00 to $265.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 25th. Cowen decreased their target price on Microsoft from $285.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, January 19th. Finally, Raymond James decreased their target price on Microsoft from $280.00 to $270.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $285.58.

About Microsoft

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.