Advisory Services & Investments LLC Has $2.68 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Advisory Services & Investments LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 1.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,688 shares of the software giant’s stock after buying an additional 160 shares during the period. Microsoft comprises 2.2% of Advisory Services & Investments LLC’s investment portfolio, making the stock its 15th largest holding. Advisory Services & Investments LLC’s holdings in Microsoft were worth $2,679,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Microsoft by 5.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 134,115 shares of the software giant’s stock valued at $42,237,000 after purchasing an additional 7,210 shares during the period. Arbor Investment Advisors LLC grew its stake in shares of Microsoft by 12.6% in the 1st quarter. Arbor Investment Advisors LLC now owns 12,142 shares of the software giant’s stock valued at $3,743,000 after buying an additional 1,357 shares in the last quarter. Dfpg Investments LLC grew its stake in shares of Microsoft by 22.9% in the 1st quarter. Dfpg Investments LLC now owns 27,038 shares of the software giant’s stock valued at $7,585,000 after buying an additional 5,030 shares in the last quarter. Allworth Financial LP grew its stake in shares of Microsoft by 41.4% in the 1st quarter. Allworth Financial LP now owns 147,385 shares of the software giant’s stock valued at $45,441,000 after buying an additional 43,189 shares in the last quarter. Finally, Elk River Wealth Management LLC grew its stake in shares of Microsoft by 4.8% in the 1st quarter. Elk River Wealth Management LLC now owns 55,203 shares of the software giant’s stock valued at $17,020,000 after buying an additional 2,544 shares in the last quarter. Institutional investors and hedge funds own 69.99% of the company’s stock.

Analysts Set New Price Targets

MSFT has been the subject of several recent research reports. BMO Capital Markets boosted their price target on Microsoft from $305.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Royal Bank of Canada set a $380.00 price target on Microsoft in a research note on Thursday, May 19th. Itaú Unibanco initiated coverage on Microsoft in a research note on Tuesday, July 26th. They issued an “outperform” rating and a $287.00 price target for the company. Citigroup lowered their price target on Microsoft from $330.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, July 27th. Finally, Redburn Partners assumed coverage on Microsoft in a research note on Wednesday, June 29th. They issued a “buy” rating and a $370.00 price target for the company. One equities research analyst has rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus price target of $334.80.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $280.74 on Monday. The firm has a market capitalization of $2.10 trillion, a price-to-earnings ratio of 29.30, a PEG ratio of 2.01 and a beta of 0.93. The business has a fifty day simple moving average of $261.36 and a 200 day simple moving average of $281.11. Microsoft Co. has a one year low of $241.51 and a one year high of $349.67. The company has a current ratio of 1.99, a quick ratio of 1.95 and a debt-to-equity ratio of 0.30.

Microsoft (NASDAQ:MSFTGet Rating) last posted its earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a return on equity of 44.85% and a net margin of 37.63%. During the same quarter in the prior year, the business posted $2.17 earnings per share. Sell-side analysts expect that Microsoft Co. will post 9.27 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be given a $0.62 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $2.48 dividend on an annualized basis and a yield of 0.88%. Microsoft’s dividend payout ratio (DPR) is presently 25.89%.

Microsoft Profile

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Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); 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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