Investmentaktiengesellschaft Fuer Langfristige Investoren TGV Cuts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Investmentaktiengesellschaft Fuer Langfristige Investoren TGV cut its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.1% during the third quarter, HoldingsChannel reports. The firm owned 777,450 shares of the software giant’s stock after selling 600 shares during the period. Microsoft accounts for about 19.6% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings, making the stock its 2nd largest position. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings in Microsoft were worth $181,068,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in MSFT. Walled Lake Planning & Wealth Management LLC grew its stake in shares of Microsoft by 0.5% during the 2nd quarter. Walled Lake Planning & Wealth Management LLC now owns 7,369 shares of the software giant’s stock worth $1,893,000 after purchasing an additional 38 shares during the period. Financial Advisors Network Inc. grew its stake in shares of Microsoft by 1.1% during the 2nd quarter. Financial Advisors Network Inc. now owns 3,482 shares of the software giant’s stock worth $894,000 after purchasing an additional 39 shares during the period. Donoghue Forlines LLC grew its stake in shares of Microsoft by 1.6% during the 2nd quarter. Donoghue Forlines LLC now owns 2,598 shares of the software giant’s stock worth $667,000 after purchasing an additional 40 shares during the period. Fountainhead AM LLC grew its stake in shares of Microsoft by 1.0% during the 2nd quarter. Fountainhead AM LLC now owns 4,196 shares of the software giant’s stock worth $1,078,000 after purchasing an additional 41 shares during the period. Finally, Lokken Investment Group LLC grew its stake in shares of Microsoft by 0.3% during the 2nd quarter. Lokken Investment Group LLC now owns 11,976 shares of the software giant’s stock worth $3,076,000 after purchasing an additional 41 shares during the period. 69.15% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

NASDAQ MSFT opened at $240.35 on Wednesday. The company has a market cap of $1.79 trillion, a P/E ratio of 25.90, a P/E/G ratio of 2.35 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.84 and a quick ratio of 1.79. The stock has a 50-day moving average of $241.83 and a two-hundred day moving average of $250.46. Microsoft Co. has a 1-year low of $213.43 and a 1-year high of $315.95.

Microsoft (NASDAQ:MSFTGet Rating) last released its earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.06. 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% compared to the same quarter last year. During the same period in the previous year, the company posted $2.27 EPS. As a group, analysts anticipate that Microsoft Co. will post 9.52 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 9th. Shareholders of record on Wednesday, February 15th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, February 15th. Microsoft’s dividend payout ratio is currently 29.31%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on MSFT shares. Wedbush dropped their price objective on shares of Microsoft from $320.00 to $290.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 26th. Wolfe Research decreased their target price on Microsoft from $340.00 to $280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Stifel Nicolaus decreased their target price on Microsoft from $300.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. The Goldman Sachs Group set a $315.00 target price on Microsoft in a research report on Tuesday. Finally, Wells Fargo & Company decreased their target price on Microsoft from $315.00 to $300.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and thirty have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $289.15.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 24,144 shares of Microsoft stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $254.27, for a total value of $6,139,094.88. Following the completion of the transaction, the executive vice president now directly owns 150,047 shares of the company’s stock, valued at approximately $38,152,450.69. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

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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