Moloney Securities Asset Management LLC Sells 4,444 Shares of Microsoft Co. (NASDAQ:MSFT)

Moloney Securities Asset Management LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 8.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 50,757 shares of the software giant’s stock after selling 4,444 shares during the quarter. Microsoft makes up approximately 3.1% of Moloney Securities Asset Management LLC’s holdings, making the stock its 2nd largest holding. Moloney Securities Asset Management LLC’s holdings in Microsoft were worth $13,036,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MSFT. Aaron Wealth Advisors LLC lifted its stake in shares of Microsoft by 35,465.9% in 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 purchasing an additional 20,553,188 shares during the period. Vanguard Group Inc. lifted its stake in shares of Microsoft by 0.9% in 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 purchasing an additional 5,648,095 shares during the period. Swiss National Bank lifted its stake in shares of Microsoft by 13.8% in the 1st quarter. Swiss National Bank now owns 30,893,155 shares of the software giant’s stock valued at $9,524,669,000 after purchasing an additional 3,757,500 shares during the period. Jennison Associates LLC lifted its stake in shares of Microsoft by 13.2% in the 1st quarter. Jennison Associates LLC now owns 23,092,331 shares of the software giant’s stock valued at $7,119,597,000 after purchasing an additional 2,696,424 shares during the period. Finally, Verity Asset Management Inc. lifted its stake in shares of Microsoft by 21,811.0% in the 1st quarter. Verity Asset Management Inc. now owns 2,047,582 shares of the software giant’s stock valued at $2,901,000 after purchasing an additional 2,038,237 shares during the period. Institutional investors and hedge funds own 69.29% of the company’s stock.

Microsoft Trading Down 0.2 %

Shares of NASDAQ:MSFT opened at $241.22 on Friday. Microsoft Co. has a 52-week low of $213.43 and a 52-week high of $349.67. The company has a market capitalization of $1.80 trillion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 2.33 and a beta of 0.92. The company has a 50-day simple moving average of $237.85 and a 200 day simple moving average of $256.37. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 1.84.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly earnings data on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.05. The firm had revenue of $50.12 billion during the quarter, compared to the consensus estimate of $49.70 billion. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period last year, the business posted $2.27 earnings per share. Sell-side analysts forecast that Microsoft Co. will post 9.62 earnings per share for the current year.

Microsoft Increases Dividend

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

Insiders Place Their Bets

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $29,244,101.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on MSFT. Evercore ISI lowered their price objective on shares of Microsoft from $330.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, October 26th. Barclays set a $296.00 price objective on shares of Microsoft in a research report on Tuesday, November 1st. Citigroup lowered their price objective on shares of Microsoft from $300.00 to $282.00 and set a “buy” rating for the company in a research report on Wednesday, October 19th. Cowen lowered their price objective on shares of Microsoft from $310.00 to $285.00 and set an “outperform” rating for the company in a research report on Wednesday, October 26th. Finally, Fundamental Research lowered their price objective on shares of Microsoft to $270.00 and set a “buy” rating for the company in a research report on Tuesday, November 8th. Three equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $300.64.

About Microsoft

(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.

Featured Articles

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTGet Rating).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.