Keeler Thomas Management LLC Acquires 1,320 Shares of Microsoft Co. (NASDAQ:MSFT)

Keeler Thomas Management LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 4.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,183 shares of the software giant’s stock after acquiring an additional 1,320 shares during the quarter. Microsoft comprises 4.3% of Keeler Thomas Management LLC’s portfolio, making the stock its 4th biggest holding. Keeler Thomas Management LLC’s holdings in Microsoft were worth $8,997,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Shore Point Advisors LLC acquired a new position in shares of Microsoft during the 4th quarter worth approximately $40,000. Tobam increased its holdings in shares of Microsoft by 15,400.0% during the 1st quarter. Tobam now owns 155 shares of the software giant’s stock worth $48,000 after acquiring an additional 154 shares during the last quarter. Artemis Wealth Advisors LLC acquired a new position in shares of Microsoft during the 1st quarter worth approximately $68,000. Castle Financial & Retirement Planning Associates Inc. acquired a new position in shares of Microsoft during the 4th quarter worth approximately $80,000. Finally, Evolution Advisers Inc. acquired a new position in shares of Microsoft during the 4th quarter worth approximately $84,000. 69.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MSFT. Credit Suisse Group set a $400.00 price target on Microsoft in a research note on Tuesday, July 26th. UBS Group set a $330.00 price target on Microsoft in a research note on Monday, June 20th. Itaú Unibanco began 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. Wedbush reduced their price target on Microsoft from $340.00 to $320.00 and set an “outperform” rating for the company in a research note on Wednesday, July 27th. Finally, Wolfe Research reduced their price target on Microsoft from $320.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, July 29th. One analyst has rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $333.88.

Microsoft Stock Up 2.8 %

Shares of NASDAQ MSFT opened at $282.47 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. The company has a market cap of $2.11 trillion, a price-to-earnings ratio of 29.30, a PEG ratio of 2.34 and a beta of 0.93. Microsoft Co. has a 12 month low of $241.51 and a 12 month high of $349.67. The stock has a 50-day moving average price of $262.41 and a two-hundred day moving average price of $280.40.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly 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 43.31% and a net margin of 36.69%. During the same period in the prior year, the firm earned $2.17 EPS. As a group, analysts forecast that Microsoft Co. will post 10.14 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, August 17th. Microsoft’s dividend payout ratio (DPR) is currently 25.73%.

Microsoft Company Profile

(Get Rating)

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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