Microsoft Co. (NASDAQ:MSFT) Shares Sold by American Institute for Advanced Investment Management LLP

American Institute for Advanced Investment Management LLP reduced its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.6% in the 3rd quarter, Holdings Channel reports. The firm owned 10,501 shares of the software giant’s stock after selling 390 shares during the period. Microsoft accounts for approximately 2.3% of American Institute for Advanced Investment Management LLP’s holdings, making the stock its 10th largest position. American Institute for Advanced Investment Management LLP’s holdings in Microsoft were worth $2,446,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Microsoft by 0.9% during the first quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock valued at $191,644,927,000 after purchasing an additional 5,648,095 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Microsoft by 0.3% during the second quarter. Price T Rowe Associates Inc. MD now owns 195,859,819 shares of the software giant’s stock worth $50,302,677,000 after buying an additional 556,020 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Microsoft by 1.5% during the second quarter. Legal & General Group Plc now owns 54,799,110 shares of the software giant’s stock worth $14,074,064,000 after buying an additional 784,656 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Microsoft by 2.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 40,130,443 shares of the software giant’s stock worth $10,306,701,000 after buying an additional 939,396 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Microsoft by 2.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 39,863,273 shares of the software giant’s stock worth $12,290,246,000 after buying an additional 766,487 shares during the last quarter. 69.15% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Trading Up 1.0 %

MSFT stock opened at $242.58 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.84 and a quick ratio of 1.79. Microsoft Co. has a 12 month low of $213.43 and a 12 month high of $315.95. The firm’s 50-day moving average is $241.72 and its 200 day moving average is $249.71. The company has a market capitalization of $1.81 trillion, a PE ratio of 26.14, a P/E/G ratio of 2.36 and a beta of 0.94.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share 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 analysts’ expectations of $49.70 billion. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The company’s revenue was up 10.6% compared to the same quarter last year. During the same period last year, the business earned $2.27 EPS. On average, research analysts anticipate that Microsoft Co. will post 9.51 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 9th. Shareholders of record on Wednesday, February 15th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Wednesday, February 15th. Microsoft’s dividend payout ratio is presently 29.31%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MSFT. Morgan Stanley decreased their target price on shares of Microsoft from $325.00 to $307.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 26th. Wells Fargo & Company decreased their target price on shares of Microsoft from $315.00 to $300.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 26th. The Goldman Sachs Group set a $315.00 target price on shares of Microsoft in a research note on Tuesday, January 17th. Macquarie assumed coverage on shares of Microsoft in a research note on Wednesday, November 2nd. They set a “neutral” rating and a $234.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Microsoft from $315.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, October 26th. One research 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 stock. According to data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $287.79.

Insider Activity

In related news, EVP Judson Althoff sold 24,144 shares of Microsoft stock in a transaction on 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 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.03% of the company’s stock.

About Microsoft

(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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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