Intrinsic Value Partners LLC Buys 403 Shares of Microsoft Co. (NASDAQ:MSFT)

Intrinsic Value Partners LLC boosted its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 4.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,531 shares of the software giant’s stock after purchasing an additional 403 shares during the quarter. Microsoft comprises 3.4% of Intrinsic Value Partners LLC’s investment portfolio, making the stock its 9th biggest position. Intrinsic Value Partners LLC’s holdings in Microsoft were worth $3,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strategic Investment Advisors MI lifted its stake in Microsoft by 7.6% during the first quarter. Strategic Investment Advisors MI now owns 25,568 shares of the software giant’s stock worth $7,883,000 after purchasing an additional 1,815 shares during the last quarter. Financial Counselors Inc. lifted its position in shares of Microsoft by 5.1% during the 1st quarter. Financial Counselors Inc. now owns 652,419 shares of the software giant’s stock worth $201,147,000 after buying an additional 31,474 shares during the last quarter. AHL Investment Management Inc. boosted its stake in Microsoft by 18.3% in the first quarter. AHL Investment Management Inc. now owns 20,434 shares of the software giant’s stock valued at $6,300,000 after buying an additional 3,161 shares in the last quarter. Ahrens Investment Partners LLC grew its position in Microsoft by 2.6% in the first quarter. Ahrens Investment Partners LLC now owns 11,466 shares of the software giant’s stock valued at $3,535,000 after acquiring an additional 296 shares during the last quarter. Finally, Ballew Advisors Inc raised its stake in Microsoft by 35.1% during the first quarter. Ballew Advisors Inc now owns 2,140 shares of the software giant’s stock worth $616,000 after acquiring an additional 556 shares in the last quarter. Institutional investors own 69.99% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $282.91 on Friday. The firm has a market cap of $2.11 trillion, a PE ratio of 29.35, a price-to-earnings-growth ratio of 2.38 and a beta of 0.93. Microsoft Co. has a 52-week low of $241.51 and a 52-week high of $349.67. The business’s 50 day moving average price is $262.96 and its two-hundred day moving average price is $280.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78.

Microsoft (NASDAQ:MSFTGet Rating) last released its earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.06). Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same quarter last year, the company posted $2.17 EPS. On average, equities analysts anticipate that Microsoft Co. will post 10.14 EPS for the current year.

Microsoft Announces Dividend

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

Analyst Ratings Changes

MSFT has been the topic of several research reports. Citigroup decreased their price target on shares of Microsoft from $330.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, July 27th. UBS Group set a $330.00 price target on shares of Microsoft in a report on Monday, June 20th. The Goldman Sachs Group set a $365.00 price objective on Microsoft in a report on Wednesday, April 27th. BMO Capital Markets increased their target price on Microsoft from $305.00 to $320.00 and gave the company an “outperform” rating in a research report on Wednesday, July 27th. Finally, Stifel Nicolaus reduced their price target on Microsoft from $320.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, July 27th. One research analyst has rated the stock with a hold rating and thirty-one have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $335.72.

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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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