Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Wealth Architects LLC

Wealth Architects LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,910 shares of the software giant’s stock after purchasing an additional 210 shares during the period. Microsoft accounts for 0.7% of Wealth Architects LLC’s portfolio, making the stock its 26th largest position. Wealth Architects LLC’s holdings in Microsoft were worth $3,473,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Monumental Financial Group Inc. acquired a new stake in Microsoft during the 1st quarter worth approximately $28,000. Newfound Research LLC grew its stake in Microsoft by 25.4% during the second quarter. Newfound Research LLC now owns 296 shares of the software giant’s stock worth $76,000 after buying an additional 60 shares during the period. Grayhawk Investment Strategies Inc. acquired a new stake in shares of Microsoft in the second quarter worth $104,000. Darrow Company Inc. purchased a new position in shares of Microsoft in the 2nd quarter valued at $82,000. Finally, Morgan Dempsey Capital Management LLC acquired a new position in shares of Microsoft during the 3rd quarter valued at $82,000. Institutional investors and hedge funds own 69.15% of the company’s stock.

Microsoft Stock Down 1.6 %

Shares of Microsoft stock opened at $231.93 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. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $315.95. The stock has a 50-day moving average price of $241.84 and a 200 day moving average price of $250.23. The company has a market cap of $1.73 trillion, a P/E ratio of 24.99, a P/E/G ratio of 2.35 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.06. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business had revenue of $50.12 billion during the quarter, compared to analyst estimates of $49.70 billion. During the same period in the prior year, the firm earned $2.27 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. As a group, analysts expect that Microsoft Co. will post 9.52 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 9th. Stockholders of record on Wednesday, February 15th will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, February 15th. This represents a $2.72 annualized dividend and a dividend yield of 1.17%. Microsoft’s dividend payout ratio is 29.31%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several analysts recently issued reports on MSFT shares. Citigroup lowered their price target on Microsoft from $282.00 to $280.00 and set a “buy” rating for the company in a report on Thursday. DA Davidson began coverage on Microsoft in a report on Wednesday, January 4th. They set a “buy” rating and a $270.00 target price on the stock. The Goldman Sachs Group set a $315.00 price target on Microsoft in a report on Tuesday. Mizuho dropped their price objective on shares of Microsoft from $320.00 to $305.00 and set a “buy” rating on the stock in a research note on Wednesday, October 26th. Finally, Cowen decreased their target price on shares of Microsoft from $285.00 to $280.00 and set an “outperform” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-nine have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $288.33.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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