Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Yacktman Asset Management LP

Yacktman Asset Management LP boosted its stake in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,943,030 shares of the software giant’s stock after acquiring an additional 1,004 shares during the period. Microsoft comprises about 5.2% of Yacktman Asset Management LP’s holdings, making the stock its 3rd biggest holding. Yacktman Asset Management LP’s holdings in Microsoft were worth $499,028,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of MSFT. Aaron Wealth Advisors LLC increased its position in shares of Microsoft by 35,465.9% during the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after purchasing an additional 20,553,188 shares in the last quarter. Vanguard Group Inc. boosted its stake in Microsoft by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock worth $191,644,927,000 after purchasing an additional 5,648,095 shares during the last quarter. Swiss National Bank grew its holdings in shares of Microsoft by 13.8% during the first quarter. Swiss National Bank now owns 30,893,155 shares of the software giant’s stock worth $9,524,669,000 after buying an additional 3,757,500 shares in the last quarter. Jennison Associates LLC raised its position in shares of Microsoft by 13.2% in the first quarter. Jennison Associates LLC now owns 23,092,331 shares of the software giant’s stock valued at $7,119,597,000 after buying an additional 2,696,424 shares during the last quarter. Finally, Verity Asset Management Inc. lifted its stake in shares of Microsoft by 21,811.0% in the first quarter. Verity Asset Management Inc. now owns 2,047,582 shares of the software giant’s stock worth $2,901,000 after buying an additional 2,038,237 shares in the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on MSFT shares. Evercore ISI cut their price objective on shares of Microsoft from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, October 26th. BMO Capital Markets cut their price target on Microsoft from $295.00 to $270.00 and set an “outperform” rating for the company in a report on Wednesday, October 26th. Rosenblatt Securities lowered their price objective on Microsoft from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, October 27th. Stifel Nicolaus cut their target price on Microsoft from $300.00 to $290.00 and set a “buy” rating for the company in a research note on Wednesday, October 26th. Finally, StockNews.com began coverage on shares of Microsoft in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. Three analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $300.64.

Microsoft Stock Up 1.0 %

Microsoft stock opened at $247.58 on Friday. The firm has a market capitalization of $1.85 trillion, a P/E ratio of 26.68, a P/E/G ratio of 2.36 and a beta of 0.92. The company has a current ratio of 1.84, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $344.30. The stock’s fifty day simple moving average is $237.12 and its 200-day simple moving average is $255.62.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings data on Tuesday, October 25th. The software giant reported $2.35 EPS 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 the consensus estimate of $49.70 billion. Microsoft had a return on equity of 42.10% and a net margin of 34.37%. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.27 earnings per share. As a group, equities analysts expect that Microsoft Co. will post 9.62 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be paid a $0.68 dividend. 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 yield of 1.10%. Microsoft’s dividend payout ratio (DPR) is currently 29.31%.

Insiders Place Their Bets

In other news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s 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 sale, the chief marketing officer now owns 109,837 shares of the company’s stock, valued at approximately $29,244,101.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is owned by company insiders.

About Microsoft

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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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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