Microsoft Co. (NASDAQ:MSFT) Stake Reduced by Stephens Inc. AR

Stephens Inc. AR lowered its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 327,531 shares of the software giant’s stock after selling 7,035 shares during the period. Microsoft makes up approximately 1.7% of Stephens Inc. AR’s investment portfolio, making the stock its 5th largest holding. Stephens Inc. AR’s holdings in Microsoft were worth $84,120,000 at the end of the most recent quarter.

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

Insider Transactions at Microsoft

In other news, CMO Christopher C. Capossela sold 5,000 shares of the stock in a transaction on 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 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 SEC, which is accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on MSFT. Stifel Nicolaus lowered their price objective on Microsoft from $300.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Oppenheimer decreased their target price on Microsoft from $275.00 to $265.00 in a research report on Wednesday, October 26th. Raymond James decreased their target price on Microsoft from $300.00 to $280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. StockNews.com started coverage on Microsoft in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. Finally, Itau BBA Securities started coverage on Microsoft in a research report on Tuesday, July 26th. They set an “outperform” rating and a $287.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $300.64.

Microsoft Stock Down 0.2 %

Shares of MSFT opened at $241.22 on Monday. The company has a market capitalization of $1.80 trillion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.32 and a beta of 0.92. The company has a quick ratio of 1.79, a current ratio of 1.84 and a debt-to-equity ratio of 0.26. Microsoft Co. has a 52-week low of $213.43 and a 52-week high of $349.67. The stock has a fifty day simple moving average of $237.85 and a two-hundred day simple moving average of $256.14.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings results 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. The business had revenue of $50.12 billion during the quarter, compared to analysts’ expectations of $49.70 billion. Microsoft had a return on equity of 42.10% and a net margin of 34.37%. The company’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the business posted $2.27 EPS. As a group, equities analysts forecast that Microsoft Co. will post 9.62 EPS for the current year.

Microsoft Increases Dividend

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

Microsoft 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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