Microsoft Co. (NASDAQ:MSFT) Stock Position Raised by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV raised its holdings in Microsoft Co. (NASDAQ:MSFTGet Rating) by 2.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 357,330 shares of the software giant’s stock after purchasing an additional 8,854 shares during the quarter. Microsoft accounts for about 4.0% of Massmutual Trust Co. FSB ADV’s holdings, making the stock its 2nd biggest position. Massmutual Trust Co. FSB ADV’s holdings in Microsoft were worth $91,773,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Microsoft during the 4th quarter valued at approximately $24,401,940,000. Aaron Wealth Advisors LLC lifted its position in shares of Microsoft by 35,465.9% during the 1st quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after acquiring an additional 20,553,188 shares during the period. State Street Corp lifted its position in shares of Microsoft by 2.8% during the 4th quarter. State Street Corp now owns 302,541,869 shares of the software giant’s stock valued at $101,750,881,000 after acquiring an additional 8,108,943 shares during the period. Vanguard Group Inc. lifted its position in shares of Microsoft by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock valued at $191,644,927,000 after acquiring an additional 5,648,095 shares during the period. Finally, Castleview Partners LLC acquired a new stake in shares of Microsoft during the 4th quarter valued at approximately $11,872,000. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Microsoft Stock Down 0.3 %

Shares of Microsoft stock opened at $244.74 on Monday. The company has a fifty day moving average price of $268.81 and a 200 day moving average price of $273.85. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. Microsoft Co. has a twelve month low of $241.51 and a twelve month high of $349.67. The stock has a market cap of $1.83 trillion, a price-to-earnings ratio of 25.39, a price-to-earnings-growth ratio of 2.06 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share for the quarter, missing analysts’ consensus estimates 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 earned $2.17 EPS. Equities research analysts forecast that Microsoft Co. will post 10.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MSFT has been the subject of a number of research reports. Redburn Partners initiated coverage on shares of Microsoft in a research report on Wednesday, June 29th. They set a “buy” rating and a $370.00 price target for the company. Credit Suisse Group set a $400.00 price target on shares of Microsoft in a research report on Tuesday, July 26th. Mizuho cut their price objective on Microsoft from $350.00 to $340.00 and set a “buy” rating for the company in a research report on Tuesday, July 19th. Guggenheim assumed coverage on Microsoft in a research report on Friday, August 12th. They set a “neutral” rating and a $292.00 price objective for the company. Finally, BMO Capital Markets lifted their price objective on Microsoft from $305.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 27th. Two analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $334.31.

Insider Buying and Selling

In related news, CMO Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction on Monday, September 12th. The shares were sold at an average price of $266.25, for a total transaction of $1,331,250.00. Following the completion of the sale, the chief marketing officer now directly owns 109,837 shares of the company’s stock, valued at approximately $29,244,101.25. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.05% of the stock is owned by corporate insiders.

Microsoft Profile

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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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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