Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Gould Capital LLC

Gould Capital LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.6% during the second quarter, HoldingsChannel reports. The fund owned 3,567 shares of the software giant’s stock after acquiring an additional 123 shares during the quarter. Gould Capital LLC’s holdings in Microsoft were worth $916,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. KRS Capital Management LLC grew its stake in shares of Microsoft by 4.8% in the 1st quarter. KRS Capital Management LLC now owns 4,781 shares of the software giant’s stock worth $1,474,000 after purchasing an additional 218 shares during the last quarter. Phoenix Wealth Advisors lifted its stake in Microsoft by 2.0% in the 2nd 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 in the last quarter. Jmac Enterprises LLC boosted its holdings in shares of Microsoft by 1.0% during the second quarter. Jmac Enterprises LLC now owns 16,798 shares of the software giant’s stock worth $4,314,000 after purchasing an additional 169 shares during the period. ARGI Investment Services LLC grew its holdings in shares of Microsoft by 9.9% during the 2nd quarter. ARGI Investment Services LLC now owns 37,326 shares of the software giant’s stock valued at $9,586,000 after acquiring an additional 3,358 shares in the last quarter. Finally, First PREMIER Bank increased its holdings 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 buying an additional 79 shares during the last quarter. 69.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of analyst reports. Itaú Unibanco began coverage on Microsoft in a report on Tuesday, July 26th. They set an “outperform” rating and a $287.00 price objective on the stock. Citigroup decreased their price objective on Microsoft from $300.00 to $282.00 and set a “buy” rating on the stock in a report on Wednesday, October 19th. Itau BBA Securities began coverage on Microsoft in a research note on Tuesday, July 26th. They issued an “outperform” rating and a $287.00 price target on the stock. BMO Capital Markets cut their price objective on Microsoft from $295.00 to $270.00 and set an “outperform” rating for the company in a research report on Wednesday, October 26th. Finally, Rosenblatt Securities dropped their target price on Microsoft from $300.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, October 27th. Three research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $300.64.

Microsoft Stock Performance

Shares of MSFT opened at $241.22 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.84 and a quick ratio of 1.79. The stock has a 50-day moving average of $237.85 and a 200-day moving average of $256.14. The company has a market cap of $1.80 trillion, a PE ratio of 25.99, a P/E/G ratio of 2.32 and a beta of 0.92. Microsoft Co. has a one year low of $213.43 and a one year high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last issued its earnings results on Tuesday, October 25th. The software giant reported $2.35 EPS for the quarter, beating the consensus estimate of $2.30 by $0.05. The company had revenue of $50.12 billion during the quarter, compared to the consensus estimate of $49.70 billion. Microsoft had a return on equity of 42.10% and a net margin of 34.37%. The firm’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 EPS. On average, equities research analysts predict that Microsoft Co. will post 9.62 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Thursday, November 17th will be paid a $0.68 dividend. The ex-dividend date 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 dividend yield of 1.13%. Microsoft’s dividend payout ratio (DPR) is currently 29.31%.

Insider Activity

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction dated Monday, September 12th. The stock was sold at an average price of $266.25, for a total transaction of $1,331,250.00. Following the completion of the transaction, the chief marketing officer now 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 through the SEC website. 0.03% of the stock is currently owned by company insiders.

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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