Microsoft Co. (NASDAQ:MSFT) Stock Holdings Cut by Clarius Group LLC

Clarius Group LLC trimmed its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 347,570 shares of the software giant’s stock after selling 944 shares during the period. Microsoft comprises about 8.1% of Clarius Group LLC’s investment portfolio, making the stock its 2nd biggest position. Clarius Group LLC’s holdings in Microsoft were worth $80,949,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Monumental Financial Group Inc. purchased a new position in shares of Microsoft during the 1st quarter valued at about $28,000. Newfound Research LLC lifted its position in shares of Microsoft by 25.4% during the 2nd quarter. Newfound Research LLC now owns 296 shares of the software giant’s stock valued at $76,000 after buying an additional 60 shares in the last quarter. Darrow Company Inc. purchased a new position in shares of Microsoft during the 2nd quarter valued at about $82,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of Microsoft during the 3rd quarter valued at about $82,000. Finally, Avondale Wealth Management lifted its position in shares of Microsoft by 58.6% during the 3rd quarter. Avondale Wealth Management now owns 406 shares of the software giant’s stock valued at $95,000 after buying an additional 150 shares in the last quarter. 69.15% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Judson Althoff sold 24,144 shares of the business’s stock in a transaction on 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 transaction, 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 document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $240.22 on Friday. The company has a market cap of $1.79 trillion, a P/E ratio of 25.89, 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 quick ratio of 1.79 and a current ratio of 1.84. The business’s 50 day moving average price is $241.70 and its 200-day moving average price is $250.10. Microsoft Co. has a fifty-two week low of $213.43 and a fifty-two week 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 firm had revenue of $50.12 billion for 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 company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.27 EPS. Sell-side analysts predict that Microsoft Co. will post 9.52 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 9th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend 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 research firms have recently weighed in on MSFT. Evercore ISI lowered their price objective on Microsoft from $300.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday. Jefferies Financial Group set a $270.00 price objective on Microsoft in a research report on Thursday, January 5th. Deutsche Bank Aktiengesellschaft lowered their price objective on Microsoft from $315.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, October 26th. The Goldman Sachs Group set a $315.00 price target on Microsoft in a report on Tuesday. Finally, Wolfe Research lowered their price target on Microsoft from $340.00 to $280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and twenty-nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $287.88.

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.

Featured Articles

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.