Orion Portfolio Solutions LLC Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)

Orion Portfolio Solutions LLC increased its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,773 shares of the software giant’s stock after purchasing an additional 928 shares during the quarter. Microsoft accounts for 0.8% of Orion Portfolio Solutions LLC’s portfolio, making the stock its 20th largest position. Orion Portfolio Solutions LLC’s holdings in Microsoft were worth $19,744,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. DGS Capital Management LLC boosted its stake 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 acquiring an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd boosted its stake in shares of Microsoft by 20.8% during the 1st quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock worth $351,001,000 after acquiring an additional 196,338 shares during the last quarter. Altus Wealth Group LLC boosted its stake in shares of Microsoft by 1.2% during the 1st quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock worth $3,919,000 after acquiring an additional 152 shares during the last quarter. Powell Investment Advisors LLC boosted its stake in shares of Microsoft by 16.2% during the 1st quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock worth $795,000 after acquiring an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its stake in shares of Microsoft by 8.2% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock worth $1,921,000 after acquiring an additional 512 shares during the last quarter. Hedge funds and other institutional investors own 69.15% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of several analyst reports. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, January 27th. JPMorgan Chase & Co. set a $305.00 target price on shares of Microsoft and gave the company an “overweight” rating in a research note on Wednesday, February 8th. Rosenblatt Securities lowered their target price on shares of Microsoft from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Thursday, January 26th. Credit Suisse Group set a $285.00 target price on shares of Microsoft in a research note on Thursday. Finally, Guggenheim cut shares of Microsoft from a “neutral” rating to a “sell” rating and set a $212.00 target price on the stock. in a research note on Tuesday, January 17th. One analyst has rated the stock with a sell rating, five have given a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.58.

Insider Buying and Selling at Microsoft

In other Microsoft news, CEO Satya Nadella sold 4,767 shares of the business’s stock in a transaction on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Satya Nadella sold 4,767 shares of the business’s stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at approximately $196,272,990. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CMO Christopher C. Capossela sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $269.38, for a total transaction of $269,380.00. Following the completion of the transaction, the chief marketing officer now owns 117,362 shares in the company, valued at $31,614,975.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,767 shares of company stock valued at $1,728,111. 0.03% of the stock is owned by company insiders.

Microsoft Trading Up 1.7 %

NASDAQ MSFT opened at $255.29 on Monday. Microsoft Co. has a one year low of $213.43 and a one year high of $315.95. The firm has a 50 day simple moving average of $247.21 and a 200-day simple moving average of $246.31. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.89 and a current ratio of 1.93. The firm has a market cap of $1.90 trillion, a price-to-earnings ratio of 28.37, a PEG ratio of 2.34 and a beta of 0.92.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly earnings data on Tuesday, January 24th. The software giant reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.05. The business had revenue of $52.75 billion during the quarter, compared to the consensus estimate of $53.17 billion. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.48 EPS. Equities research analysts anticipate that Microsoft Co. will post 9.34 EPS for the current fiscal year.

Microsoft Company Profile

(Get Rating)

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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