Microsoft Co. (NASDAQ:MSFT) is Orser Capital Management LLC’s 5th Largest Position

Orser Capital Management LLC cut its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.5% in the second quarter, Holdings Channel.com reports. The firm owned 14,619 shares of the software giant’s stock after selling 537 shares during the quarter. Microsoft makes up approximately 4.9% of Orser Capital Management LLC’s investment portfolio, making the stock its 5th biggest position. Orser Capital Management LLC’s holdings in Microsoft were worth $3,755,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. University of Texas Texas AM Investment Managment Co. grew its position in Microsoft by 1,316.7% in the first quarter. University of Texas Texas AM Investment Managment Co. now owns 85 shares of the software giant’s stock worth $26,000 after acquiring an additional 79 shares during the period. Monumental Financial Group Inc. purchased a new position in shares of Microsoft during the 1st quarter worth $28,000. Tobam increased its position in shares of Microsoft by 15,400.0% during the 1st quarter. Tobam now owns 155 shares of the software giant’s stock worth $48,000 after purchasing an additional 154 shares during the last quarter. Artemis Wealth Advisors LLC purchased a new stake in Microsoft in the 1st quarter valued at about $68,000. Finally, Castle Financial & Retirement Planning Associates Inc. purchased a new stake in Microsoft in the 4th quarter valued at about $80,000. 69.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSFT has been the topic of several research analyst reports. Wedbush reduced their price objective on shares of Microsoft from $340.00 to $320.00 and set an “outperform” rating on the stock in a report on Wednesday, July 27th. Redburn Partners initiated coverage on shares of Microsoft in a report on Wednesday, June 29th. They issued a “buy” rating and a $370.00 price objective on the stock. KeyCorp reduced their price objective on shares of Microsoft from $373.00 to $330.00 and set an “overweight” rating on the stock in a report on Thursday, July 7th. Itau BBA Securities initiated coverage on shares of Microsoft in a report on Tuesday, July 26th. They issued an “outperform” rating and a $287.00 price objective on the stock. Finally, Rosenblatt Securities reduced their price objective on shares of Microsoft from $349.00 to $330.00 and set a “buy” rating on the stock in a report on Tuesday, July 26th. Three analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $332.77.

Insider Activity

In other news, CMO Christopher C. Capossela sold 5,000 shares of the stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $266.25, for a total value 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 $29,244,101.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $240.98 on Friday. The stock has a 50 day moving average price of $267.65 and a 200 day moving average price of $272.65. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 2.04 and a beta of 0.94. Microsoft Co. has a 52-week low of $237.57 and a 52-week high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.28 by ($0.05). The business had revenue of $51.87 billion during the quarter, compared to analyst estimates of $52.31 billion. Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same period last year, the company earned $2.17 earnings per share. Research analysts predict that Microsoft Co. will post 10.15 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Thursday, November 17th will be issued a $0.68 dividend. This is an increase from Microsoft’s previous quarterly dividend of $0.62. This represents a $2.72 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Wednesday, November 16th. 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. 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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