Microsoft Co. (NASDAQ:MSFT) Shares Purchased by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 2.8% in the third quarter, Holdings Channel.com reports. The fund owned 644,163 shares of the software giant’s stock after buying an additional 17,552 shares during the quarter. Microsoft comprises 7.4% of ACR Alpine Capital Research LLC’s holdings, making the stock its 9th largest holding. ACR Alpine Capital Research LLC’s holdings in Microsoft were worth $150,025,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MSFT. Phoenix Wealth Advisors boosted its position in shares of Microsoft by 2.0% during the second quarter. Phoenix Wealth Advisors now owns 17,286 shares of the software giant’s stock worth $4,440,000 after purchasing an additional 343 shares in the last quarter. Jmac Enterprises LLC boosted its position 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 in the last quarter. ARGI Investment Services LLC boosted its position in shares of Microsoft by 9.9% during the second quarter. ARGI Investment Services LLC now owns 37,326 shares of the software giant’s stock worth $9,586,000 after purchasing an additional 3,358 shares in the last quarter. First PREMIER Bank boosted its position in shares of Microsoft by 0.3% during the second quarter. First PREMIER Bank now owns 26,082 shares of the software giant’s stock worth $6,699,000 after purchasing an additional 79 shares in the last quarter. Finally, Seaview Investment Managers LLC boosted its position in shares of Microsoft by 4.9% during the second quarter. Seaview Investment Managers LLC now owns 26,839 shares of the software giant’s stock worth $6,893,000 after purchasing an additional 1,261 shares in the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.

Microsoft Stock Up 1.2 %

Shares of MSFT opened at $224.93 on Friday. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $323.41. The firm has a market cap of $1.68 trillion, a P/E ratio of 24.24, a price-to-earnings-growth ratio of 2.18 and a beta of 0.94. The firm’s 50-day simple moving average is $240.31 and its 200 day simple moving average is $251.71. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 1.84.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.06. The business had revenue of $50.12 billion for the quarter, compared to analyst estimates of $49.70 billion. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. Microsoft’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.27 EPS. On average, analysts forecast that Microsoft Co. will post 9.54 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 9th. Shareholders of record on Wednesday, February 15th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Wednesday, February 15th. Microsoft’s dividend payout ratio is currently 29.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. StockNews.com assumed coverage on shares of Microsoft in a research report on Wednesday, October 12th. They set a “buy” rating on the stock. JPMorgan Chase & Co. cut their price objective on shares of Microsoft from $305.00 to $275.00 in a research report on Wednesday, October 26th. UBS Group cut shares of Microsoft from a “buy” rating to a “neutral” rating and cut their price objective for the company from $300.00 to $250.00 in a research report on Wednesday. Credit Suisse Group set a $365.00 price objective on shares of Microsoft in a research report on Friday, December 9th. Finally, Barclays set a $296.00 price objective on shares of Microsoft in a research report on Tuesday, November 1st. Four analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $294.88.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 24,144 shares of the business’s stock in a transaction dated Thursday, December 1st. The shares were sold at an average price of $254.27, for a total value of $6,139,094.88. Following the completion of the sale, the executive vice president now owns 150,047 shares of the company’s stock, valued at approximately $38,152,450.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.03% of the company’s stock.

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.

Featured Stories

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTGet Rating).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.