Cantillon Capital Management LLC Purchases 120,166 Shares of Microsoft Co. (NASDAQ:MSFT)

Cantillon Capital Management LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 12.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,068,121 shares of the software giant’s stock after acquiring an additional 120,166 shares during the period. Microsoft comprises about 2.3% of Cantillon Capital Management LLC’s portfolio, making the stock its 23rd biggest position. Cantillon Capital Management LLC’s holdings in Microsoft were worth $274,326,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. University of Texas Texas AM Investment Managment Co. grew its position in shares of Microsoft by 1,316.7% in the 1st quarter. University of Texas Texas AM Investment Managment Co. now owns 85 shares of the software giant’s stock valued at $26,000 after buying an additional 79 shares during the last quarter. Monumental Financial Group Inc. bought a new stake in shares of Microsoft in the 1st quarter valued at about $28,000. Tobam grew its position in shares of Microsoft by 15,400.0% in the 1st quarter. Tobam now owns 155 shares of the software giant’s stock valued at $48,000 after buying an additional 154 shares during the last quarter. Newfound Research LLC grew its position in shares of Microsoft by 25.4% in the 2nd quarter. Newfound Research LLC now owns 296 shares of the software giant’s stock valued at $76,000 after buying an additional 60 shares during the last quarter. Finally, Darrow Company Inc. bought a new stake in shares of Microsoft in the 2nd quarter valued at about $82,000. Institutional investors 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 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 of the company’s stock, valued at $29,244,101.25. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have commented on MSFT. Piper Sandler reduced their price target on Microsoft from $275.00 to $265.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 26th. Wedbush cut their target price on Microsoft from $320.00 to $290.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Citigroup cut their target price on Microsoft from $300.00 to $282.00 and set a “buy” rating on the stock in a research report on Wednesday, October 19th. Macquarie initiated coverage on Microsoft in a research report on Wednesday, November 2nd. They set a “neutral” rating and a $234.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Microsoft from $315.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. Three equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $300.64.

Microsoft Stock Performance

Shares of MSFT opened at $242.05 on Tuesday. The company has a current ratio of 1.84, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 26.08, a PEG ratio of 2.32 and a beta of 0.92. The stock has a 50 day moving average of $237.35 and a 200 day moving average of $255.89. Microsoft Co. has a 12 month low of $213.43 and a 12 month high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 EPS for the quarter, beating analysts’ consensus estimates 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%. Microsoft’s revenue was up 10.6% on a year-over-year basis. During the same period last year, the business posted $2.27 earnings per share. As a group, sell-side analysts forecast that Microsoft Co. will post 9.62 earnings per share for the current year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Thursday, November 17th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.12%. This is an increase from Microsoft’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Wednesday, November 16th. Microsoft’s dividend payout ratio (DPR) 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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