Regency Capital Management Inc. DE Acquires 2,731 Shares of Microsoft Co. (NASDAQ:MSFT)

Regency Capital Management Inc. DE lifted its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 21.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,597 shares of the software giant’s stock after purchasing an additional 2,731 shares during the period. Microsoft accounts for about 4.3% of Regency Capital Management Inc. DE’s holdings, making the stock its 11th biggest position. Regency Capital Management Inc. DE’s holdings in Microsoft were worth $4,006,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. KRS Capital Management LLC lifted its position in shares of Microsoft by 4.8% during the first quarter. KRS Capital Management LLC now owns 4,781 shares of the software giant’s stock valued at $1,474,000 after purchasing an additional 218 shares in the last quarter. Phoenix Wealth Advisors raised its position in Microsoft by 2.0% in the second quarter. Phoenix Wealth Advisors now owns 17,286 shares of the software giant’s stock worth $4,440,000 after acquiring an additional 343 shares during the period. Jmac Enterprises LLC raised its position in Microsoft by 1.0% in the second quarter. Jmac Enterprises LLC now owns 16,798 shares of the software giant’s stock worth $4,314,000 after acquiring an additional 169 shares during the period. ARGI Investment Services LLC raised its position in Microsoft by 9.9% in the second quarter. ARGI Investment Services LLC now owns 37,326 shares of the software giant’s stock worth $9,586,000 after acquiring an additional 3,358 shares during the period. Finally, First PREMIER Bank raised its position in Microsoft by 0.3% in the second quarter. First PREMIER Bank now owns 26,082 shares of the software giant’s stock worth $6,699,000 after acquiring an additional 79 shares during the period. 69.29% of the stock is owned by institutional investors.

Insider Activity at Microsoft

In related news, CMO Christopher C. Capossela sold 5,000 shares of the company’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 completion of the sale, the chief marketing officer now directly owns 109,837 shares in the company, valued at approximately $29,244,101.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by company insiders.

Microsoft Trading Down 0.2 %

Shares of MSFT opened at $241.22 on Friday. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.33 and a beta of 0.92. 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 Co. has a fifty-two week low of $213.43 and a fifty-two week high of $349.67. The firm has a 50 day moving average price of $237.85 and a 200-day moving average price of $256.37.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings data on Tuesday, October 25th. The software giant reported $2.35 earnings per share 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 firm had revenue of $50.12 billion during the quarter, compared to analyst estimates of $49.70 billion. During the same period in the previous year, the business posted $2.27 EPS. The business’s quarterly revenue was up 10.6% on a year-over-year basis. As a group, equities research analysts forecast that Microsoft Co. will post 9.62 earnings per share for the current year.

Microsoft Increases Dividend

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

Analyst Ratings Changes

MSFT has been the topic of several research reports. Citigroup lowered their price objective on shares of Microsoft from $300.00 to $282.00 and set a “buy” rating on the stock in a research report on Wednesday, October 19th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Microsoft from $315.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Morgan Stanley reduced their target price on shares of Microsoft from $325.00 to $307.00 and set an “overweight” rating for the company in a research note on Wednesday, October 26th. Credit Suisse Group reduced their target price on shares of Microsoft from $400.00 to $365.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. Finally, Wedbush reduced their target price on shares of Microsoft from $320.00 to $290.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. Three research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $300.64.

Microsoft Company 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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