Microsoft Co. (NASDAQ:MSFT) Stake Increased by AHL Investment Management Inc.

AHL Investment Management Inc. raised its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 18.3% during the first quarter, HoldingsChannel.com reports. The firm owned 20,434 shares of the software giant’s stock after purchasing an additional 3,161 shares during the period. Microsoft makes up 5.8% of AHL Investment Management Inc.’s portfolio, making the stock its 2nd biggest position. AHL Investment Management Inc.’s holdings in Microsoft were worth $6,300,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its stake in Microsoft by 2.8% in the 4th quarter. State Street Corp now owns 302,541,869 shares of the software giant’s stock worth $101,750,881,000 after acquiring an additional 8,108,943 shares in the last quarter. Geode Capital Management LLC grew its stake in Microsoft by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 129,107,118 shares of the software giant’s stock worth $43,313,705,000 after acquiring an additional 3,027,306 shares in the last quarter. Norges Bank bought a new position in Microsoft in the 4th quarter worth about $24,401,940,000. Nuveen Asset Management LLC grew its stake in Microsoft by 1.0% in the 4th quarter. Nuveen Asset Management LLC now owns 57,181,533 shares of the software giant’s stock worth $19,231,292,000 after acquiring an additional 584,273 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Microsoft by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 39,096,786 shares of the software giant’s stock worth $13,149,038,000 after acquiring an additional 652,526 shares in the last quarter. 69.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of recent research reports. Wedbush dropped their price objective on shares of Microsoft from $340.00 to $320.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 27th. BMO Capital Markets increased their price objective on shares of Microsoft from $305.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Morgan Stanley dropped their price objective on shares of Microsoft from $372.00 to $354.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 12th. Rosenblatt Securities dropped their price objective on shares of Microsoft from $349.00 to $330.00 and set a “buy” rating on the stock in a research note on Tuesday, July 26th. Finally, Piper Sandler dropped their price objective on shares of Microsoft from $352.00 to $312.00 and set an “overweight” rating on the stock in a research note on Friday, July 8th. One research analyst has rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $335.72.

Microsoft Trading Down 0.3 %

Shares of Microsoft stock opened at $282.91 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.75. The firm has a fifty day moving average price of $262.96 and a 200 day moving average price of $280.24. Microsoft Co. has a 1 year low of $241.51 and a 1 year high of $349.67. The stock 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 (NASDAQ:MSFTGet Rating) last issued its earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) 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 quarter in the previous year, the firm posted $2.17 EPS. Equities research analysts predict that Microsoft Co. will post 10.14 earnings per share for the current year.

Microsoft Announces Dividend

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

Microsoft 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.

Read More

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTGet Rating).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.