Microsoft Co. (NASDAQ:MSFT) Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG lowered its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 152,897 shares of the software giant’s stock after selling 1,412 shares during the quarter. Robeco Schweiz AG’s holdings in Microsoft were worth $39,269,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MSFT. Cooper Financial Group grew its holdings in shares of Microsoft by 1.9% in the first quarter. Cooper Financial Group now owns 36,136 shares of the software giant’s stock valued at $11,141,000 after purchasing an additional 674 shares during the period. DGS Capital Management LLC boosted its stake in Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after buying an additional 2,383 shares during the period. IFM Investors Pty Ltd boosted its stake in Microsoft by 20.8% during the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock worth $351,001,000 after buying an additional 196,338 shares during the period. Kwmg LLC boosted its stake in Microsoft by 2.4% during the first quarter. Kwmg LLC now owns 18,890 shares of the software giant’s stock worth $5,824,000 after buying an additional 437 shares during the period. Finally, Essex LLC boosted its stake in Microsoft by 194.4% during the first quarter. Essex LLC now owns 14,230 shares of the software giant’s stock worth $4,387,000 after buying an additional 9,396 shares during the period. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MSFT shares. Raymond James lowered their target price on shares of Microsoft from $300.00 to $280.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. Credit Suisse Group reduced their price target on shares of Microsoft from $400.00 to $365.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Jefferies Financial Group reduced their price target on shares of Microsoft from $275.00 to $270.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Cowen reduced their price target on shares of Microsoft from $310.00 to $285.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Finally, Royal Bank of Canada reduced their price target on shares of Microsoft from $380.00 to $310.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Three investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $300.64.

Insider Activity at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of the business’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 sale, the chief marketing officer now directly owns 109,837 shares in the company, valued at approximately $29,244,101.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

Shares of MSFT opened at $241.22 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. The firm has a market cap of $1.80 trillion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.33 and a beta of 0.92. The company’s 50 day simple moving average is $237.85 and its 200-day simple moving average is $256.55. Microsoft Co. has a 12-month low of $213.43 and a 12-month high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last announced its earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.30 by $0.05. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business had revenue of $50.12 billion for the quarter, compared to analyst estimates of $49.70 billion. During the same period last year, the firm posted $2.27 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. As a group, equities analysts predict that Microsoft Co. will post 9.62 EPS for the current year.

Microsoft Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Thursday, November 17th will be given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.13%. This is a positive change from Microsoft’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Wednesday, November 16th. Microsoft’s dividend payout ratio (DPR) is 29.31%.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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