Stillwater Investment Management LLC Increases Holdings in Microsoft Co. (NASDAQ:MSFT)

Stillwater Investment Management LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 5.6% in the second quarter, Holdings Channel reports. The firm owned 8,766 shares of the software giant’s stock after acquiring an additional 465 shares during the period. Stillwater Investment Management LLC’s holdings in Microsoft were worth $2,251,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MSFT. University of Texas Texas AM Investment Managment Co. boosted its position in Microsoft by 1,316.7% in the 1st quarter. University of Texas Texas AM Investment Managment Co. now owns 85 shares of the software giant’s stock valued at $26,000 after buying an additional 79 shares during the last quarter. Monumental Financial Group Inc. purchased a new position in Microsoft in the 1st quarter valued at about $28,000. Shore Point Advisors LLC acquired a new stake in shares of Microsoft in the 4th quarter valued at about $40,000. Tobam raised its stake in shares of Microsoft by 15,400.0% in the 1st quarter. Tobam now owns 155 shares of the software giant’s stock valued at $48,000 after purchasing an additional 154 shares in the last quarter. Finally, Artemis Wealth Advisors LLC acquired a new stake in shares of Microsoft in the 1st quarter valued at about $68,000. 69.29% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Down 0.3 %

Microsoft stock opened at $244.74 on Friday. Microsoft Co. has a 1-year low of $241.51 and a 1-year high of $349.67. The firm’s fifty day simple moving average is $268.81 and its 200-day simple moving average is $274.03. 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 capitalization of $1.83 trillion, a P/E ratio of 25.39, a P/E/G ratio of 2.07 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last posted 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 business earned $2.17 earnings per share. Sell-side analysts forecast that Microsoft Co. will post 10.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Wolfe Research cut their target price on shares of Microsoft from $320.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, July 29th. Jefferies Financial Group set a $320.00 target price on shares of Microsoft in a research note on Tuesday, September 6th. 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. Fundamental Research reiterated a “hold” rating and set a $280.50 price objective on shares of Microsoft in a research note on Wednesday, August 3rd. Finally, Redburn Partners assumed coverage on shares of Microsoft in a research note on Wednesday, June 29th. They issued a “buy” rating and a $370.00 price target on the stock. Two analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $334.31.

Insider Activity at Microsoft

In related news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction on Monday, September 12th. The shares were sold at an average price of $266.25, for a total value of $1,331,250.00. Following the transaction, the chief marketing officer now directly owns 109,837 shares in the company, valued at approximately $29,244,101.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.05% of the stock is currently owned by company insiders.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; 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.