Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Cordatus Wealth Management LLC

Cordatus Wealth Management LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,078 shares of the software giant’s stock after buying an additional 1,669 shares during the period. Microsoft makes up approximately 10.8% of Cordatus Wealth Management LLC’s portfolio, making the stock its largest position. Cordatus Wealth Management LLC’s holdings in Microsoft were worth $10,266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MSFT. DGS Capital Management LLC increased its holdings in shares of Microsoft by 19.9% during the 1st quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after buying an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in Microsoft by 20.8% in the 1st quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after purchasing an additional 196,338 shares during the last quarter. Altus Wealth Group LLC increased its holdings in Microsoft by 1.2% in the 1st quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after purchasing an additional 152 shares during the last quarter. Powell Investment Advisors LLC increased its holdings in Microsoft by 16.2% in the 1st quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after purchasing an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its holdings in Microsoft by 8.2% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock valued at $1,921,000 after purchasing an additional 512 shares during the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 24,144 shares of Microsoft stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 150,047 shares in the company, valued at approximately $38,152,450.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Evercore ISI dropped their target price on shares of Microsoft from $300.00 to $280.00 and set an “outperform” rating for the company in a report on Thursday, January 19th. Citigroup dropped their target price on shares of Microsoft from $282.00 to $280.00 and set a “buy” rating for the company in a report on Thursday, January 19th. UBS Group set a $250.00 price objective on shares of Microsoft in a report on Thursday, January 19th. Royal Bank of Canada set a $285.00 target price on shares of Microsoft in a report on Wednesday, January 18th. Finally, Wolfe Research dropped their price target on shares of Microsoft from $340.00 to $280.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twenty-nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $287.79.

Microsoft Trading Up 1.0 %

NASDAQ:MSFT opened at $242.58 on Tuesday. The stock’s 50 day moving average price is $241.72 and its 200 day moving average price 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. The company has a quick ratio of 1.79, a current ratio of 1.84 and a debt-to-equity ratio of 0.26. Microsoft Co. has a 52-week low of $213.43 and a 52-week high of $315.95.

Microsoft (NASDAQ:MSFTGet Rating) last released 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. 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 firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.27 EPS. On average, research analysts anticipate that Microsoft Co. will post 9.51 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 9th. Shareholders of record on Wednesday, February 15th will be paid a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, February 15th. This represents a $2.72 annualized dividend and a dividend yield of 1.12%. Microsoft’s dividend payout ratio (DPR) is currently 29.31%.

Microsoft Company Profile

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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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