Chilton Capital Management LLC Buys 5,327 Shares of Microsoft Co. (NASDAQ:MSFT)

Chilton Capital Management LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 1.9% in the third quarter, HoldingsChannel reports. The fund owned 284,737 shares of the software giant’s stock after buying an additional 5,327 shares during the quarter. Microsoft makes up about 4.4% of Chilton Capital Management LLC’s portfolio, making the stock its largest position. Chilton Capital Management LLC’s holdings in Microsoft were worth $66,315,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Monumental Financial Group Inc. purchased a new stake in Microsoft during the first quarter valued at about $28,000. Hanseatic Management Services Inc. lifted its holdings in shares of Microsoft by 71.4% during the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock valued at $31,000 after acquiring an additional 55 shares in the last quarter. Grayhawk Investment Strategies Inc. purchased a new stake in Microsoft during the 2nd quarter worth $104,000. Morgan Dempsey Capital Management LLC acquired a new stake in Microsoft in the 3rd quarter valued at $82,000. Finally, Avondale Wealth Management grew its holdings in 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 purchasing an additional 150 shares in the last quarter. 69.15% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

MSFT stock opened at $253.92 on Tuesday. The company has a fifty day moving average price of $248.99 and a 200-day moving average price of $245.14. Microsoft Co. has a 52-week low of $213.43 and a 52-week high of $315.95. The company has a market capitalization of $1.89 trillion, a P/E ratio of 28.21, a PEG ratio of 2.28 and a beta of 0.92. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.89 and a current ratio of 1.93.

Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings results on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.05. The business had revenue of $52.75 billion during the quarter, compared to analysts’ expectations of $53.17 billion. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period last year, the company posted $2.48 earnings per share. As a group, equities analysts expect that Microsoft Co. will post 9.34 EPS for the current year.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of recent analyst reports. Wedbush raised their price objective on Microsoft from $280.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday, February 24th. Barclays reduced their price objective on Microsoft from $296.00 to $280.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 10th. Rosenblatt Securities lowered their target price on shares of Microsoft from $285.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 26th. Raymond James reduced their price target on shares of Microsoft from $280.00 to $270.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 25th. Finally, The Goldman Sachs Group set a $315.00 price objective on Microsoft in a research report on Wednesday, January 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $285.58.

Insider Activity at Microsoft

In other news, CEO Satya Nadella sold 4,767 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer now owns 788,625 shares in the company, valued at approximately $196,272,990. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Microsoft news, CEO Satya Nadella sold 4,767 shares of the company’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 completion of the sale, the chief executive officer now directly owns 788,625 shares of the company’s stock, valued at approximately $196,272,990. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Christopher C. Capossela sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $272.32, for a total value of $272,320.00. Following the completion of the transaction, the chief marketing officer now owns 116,362 shares in the company, valued at approximately $31,687,699.84. The disclosure for this sale can be found here. In the last three months, insiders sold 6,767 shares of company stock valued at $1,728,111. 0.03% of the stock is owned by insiders.

About Microsoft

(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.