Lbmc Investment Advisors LLC Has $3.39 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Lbmc Investment Advisors LLC lowered its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,208 shares of the software giant’s stock after selling 86 shares during the quarter. Microsoft comprises 0.4% of Lbmc Investment Advisors LLC’s holdings, making the stock its 28th biggest position. Lbmc Investment Advisors LLC’s holdings in Microsoft were worth $3,392,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. KB Financial Partners LLC raised its stake in Microsoft by 0.5% in the fourth quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant’s stock valued at $2,404,000 after purchasing an additional 35 shares in the last quarter. Valtinson Bruner Financial Planning LLC raised its stake in Microsoft by 0.9% in the first quarter. Valtinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant’s stock valued at $1,186,000 after purchasing an additional 37 shares in the last quarter. Strategic Asset Management LLC raised its stake in Microsoft by 5.9% in the first quarter. Strategic Asset Management LLC now owns 659 shares of the software giant’s stock valued at $203,000 after purchasing an additional 37 shares in the last quarter. Virginia Wealth Management Group Inc. raised its stake in Microsoft by 0.3% in the first quarter. Virginia Wealth Management Group Inc. now owns 12,676 shares of the software giant’s stock valued at $3,830,000 after purchasing an additional 37 shares in the last quarter. Finally, Northwest Wealth Management LLC raised its stake in Microsoft by 0.8% in the first quarter. Northwest Wealth Management LLC now owns 4,536 shares of the software giant’s stock valued at $1,399,000 after purchasing an additional 37 shares in the last quarter. Institutional investors and hedge funds own 69.29% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $244.52 on Tuesday. Microsoft Co. has a 52-week low of $240.85 and a 52-week high of $349.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78. The business’s 50 day moving average price is $268.81 and its two-hundred day moving average price is $273.69. The firm has a market cap of $1.82 trillion, a PE ratio of 25.37, a price-to-earnings-growth ratio of 2.06 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly 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 net margin of 36.69% and a return on equity of 43.31%. During the same period last year, the business earned $2.17 earnings per share. On average, equities analysts anticipate that Microsoft Co. will post 10.14 EPS for the current year.

Insider Transactions at Microsoft

In other news, CMO Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $266.25, for a total transaction of $1,331,250.00. Following the transaction, the chief marketing officer now directly owns 109,837 shares of the company’s stock, valued at $29,244,101.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Stifel Nicolaus dropped their price target on Microsoft from $320.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, July 27th. Morgan Stanley decreased their target price on Microsoft from $372.00 to $354.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 12th. BMO Capital Markets lifted 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. Mizuho decreased their target price on Microsoft from $350.00 to $340.00 and set a “buy” rating on the stock in a research report on Tuesday, July 19th. Finally, Wedbush decreased their target price on Microsoft from $340.00 to $320.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 27th. Two investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $334.31.

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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