Landmark Financial Advisors LLC Has $1.99 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Landmark Financial Advisors LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,743 shares of the software giant’s stock after buying an additional 56 shares during the period. Microsoft comprises 1.0% of Landmark Financial Advisors LLC’s portfolio, making the stock its 22nd biggest position. Landmark Financial Advisors LLC’s holdings in Microsoft were worth $1,989,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft 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 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

MSFT has been the topic of several research analyst reports. Oppenheimer decreased their price target on shares of Microsoft from $275.00 to $265.00 in a research note on Wednesday, October 26th. Jefferies Financial Group decreased their price target on shares of Microsoft from $275.00 to $270.00 and set a “buy” rating on the stock in a research note on Wednesday, October 26th. Wolfe Research reduced their price objective on shares of Microsoft from $340.00 to $280.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 26th. Citigroup reduced their price objective on shares of Microsoft from $300.00 to $282.00 and set a “buy” rating on the stock in a research note on Wednesday, October 19th. Finally, Barclays set a $296.00 price objective on shares of Microsoft in a research note on Tuesday, November 1st. Three analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $300.64.

Microsoft Stock Down 0.2 %

Shares of MSFT stock 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. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $349.67. The firm’s fifty day moving average price is $237.85 and its two-hundred day moving average price is $256.37. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.99, a PEG ratio of 2.33 and a beta of 0.92.

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

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be paid a $0.68 dividend. This is a positive change from Microsoft’s previous quarterly dividend of $0.62. This represents a $2.72 annualized dividend and a yield of 1.13%. The ex-dividend date is Wednesday, November 16th. Microsoft’s payout ratio is presently 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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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