Microsoft Co. (NASDAQ:MSFT) is Clifford Swan Investment Counsel LLC’s 3rd Largest Position

Clifford Swan Investment Counsel LLC raised its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,681 shares of the software giant’s stock after purchasing an additional 1,097 shares during the period. Microsoft comprises 3.8% of Clifford Swan Investment Counsel LLC’s investment portfolio, making the stock its 3rd biggest position. Clifford Swan Investment Counsel LLC’s holdings in Microsoft were worth $87,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Ironwood Investment Counsel LLC lifted its position in shares of Microsoft by 0.6% during the 2nd quarter. Ironwood Investment Counsel LLC now owns 94,858 shares of the software giant’s stock worth $24,362,000 after purchasing an additional 574 shares during the last quarter. BRR OpCo LLC raised its stake in Microsoft by 0.6% in the second quarter. BRR OpCo LLC now owns 42,694 shares of the software giant’s stock valued at $10,965,000 after buying an additional 238 shares in the last quarter. Redwood Financial Network Corp raised its stake in Microsoft by 7.9% in the second quarter. Redwood Financial Network Corp now owns 4,554 shares of the software giant’s stock valued at $1,170,000 after buying an additional 333 shares in the last quarter. MADDEN SECURITIES Corp lifted its holdings in Microsoft by 2.2% during the 2nd quarter. MADDEN SECURITIES Corp now owns 26,122 shares of the software giant’s stock worth $6,709,000 after buying an additional 561 shares during the last quarter. Finally, Personal Capital Advisors Corp increased its holdings in shares of Microsoft by 1.1% in the 2nd quarter. Personal Capital Advisors Corp now owns 814,930 shares of the software giant’s stock valued at $209,299,000 after acquiring an additional 8,829 shares during the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSFT. Oppenheimer decreased their target price on Microsoft from $275.00 to $265.00 in a research note on Wednesday, October 26th. Barclays set a $296.00 price objective on shares of Microsoft in a research report on Tuesday, November 1st. StockNews.com initiated coverage on shares of Microsoft in a research note on Wednesday, October 12th. They set a “buy” rating on the stock. Evercore ISI decreased their price objective on shares of Microsoft from $330.00 to $300.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. Finally, Mizuho dropped their price objective on Microsoft from $320.00 to $305.00 and set a “buy” rating on the stock in a report on Wednesday, October 26th. 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.64.

Microsoft Price Performance

Shares of MSFT opened at $247.58 on Friday. 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 stock’s 50 day moving average is $237.12 and its two-hundred day moving average is $255.62. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $344.30. The firm has a market capitalization of $1.85 trillion, a PE ratio of 26.68, a P/E/G ratio of 2.36 and a beta of 0.92.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly 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 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 quarterly revenue was up 10.6% compared to the same quarter last year. During the same period last year, the firm earned $2.27 EPS. Research analysts anticipate that Microsoft Co. will post 9.62 earnings per share for the current year.

Microsoft Increases Dividend

The business 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 $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, November 16th. This is an increase from Microsoft’s previous quarterly dividend of $0.62. Microsoft’s dividend payout ratio (DPR) is currently 29.31%.

Insider Activity at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, 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 link. Company insiders own 0.03% of the company’s stock.

Microsoft 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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