Massmutual Trust Co. FSB ADV Has $89.54 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Massmutual Trust Co. FSB ADV raised its position in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 2.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 373,379 shares of the software giant’s stock after buying an additional 10,226 shares during the period. Microsoft makes up 3.7% of Massmutual Trust Co. FSB ADV’s portfolio, making the stock its 2nd biggest holding. Massmutual Trust Co. FSB ADV’s holdings in Microsoft were worth $89,544,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MSFT. Vanguard Group Inc. raised its position in shares of Microsoft by 1.0% during the third quarter. Vanguard Group Inc. now owns 634,238,715 shares of the software giant’s stock worth $147,714,197,000 after acquiring an additional 6,129,708 shares during the last quarter. State Street Corp lifted its stake in Microsoft by 0.7% in the third quarter. State Street Corp now owns 295,509,547 shares of the software giant’s stock valued at $68,824,173,000 after buying an additional 1,951,554 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Microsoft by 0.3% in the second quarter. Price T Rowe Associates Inc. MD now owns 195,859,819 shares of the software giant’s stock valued at $50,302,677,000 after buying an additional 556,020 shares during the period. Legal & General Group Plc lifted its stake in Microsoft by 1.5% in the second quarter. Legal & General Group Plc now owns 54,799,110 shares of the software giant’s stock valued at $14,074,064,000 after buying an additional 784,656 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in Microsoft by 0.4% in the third quarter. Alliancebernstein L.P. now owns 49,440,386 shares of the software giant’s stock valued at $11,514,665,000 after buying an additional 208,765 shares during the period. 69.15% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction dated Thursday, February 9th. The stock was sold at an average price of $269.38, for a total transaction of $269,380.00. Following the sale, the chief marketing officer now owns 117,362 shares of the company’s stock, valued at approximately $31,614,975.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction dated Thursday, February 9th. The stock was sold at an average price of $269.38, for a total transaction of $269,380.00. Following the sale, the chief marketing officer now owns 117,362 shares of the company’s stock, valued at approximately $31,614,975.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satya Nadella sold 4,767 shares of the stock in a transaction dated Tuesday, February 28th. The stock was 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 disclosure for this sale can be found here. Insiders have sold 6,767 shares of company stock valued at $1,728,111 in the last 90 days. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MSFT. StockNews.com began coverage on Microsoft in a research note on Thursday. They issued a “hold” rating on the stock. Wolfe Research dropped their price target on Microsoft from $280.00 to $265.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 25th. Stifel Nicolaus dropped their price target on Microsoft from $290.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, January 25th. Barclays decreased their price objective on Microsoft from $296.00 to $280.00 and set an “overweight” rating for the company in a report on Tuesday, January 10th. Finally, Piper Sandler boosted their price objective on Microsoft from $247.00 to $290.00 and gave the company an “overweight” rating in a report on Wednesday, February 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $286.05.

Microsoft Stock Up 1.2 %

Shares of NASDAQ MSFT opened at $279.43 on Friday. Microsoft Co. has a one year low of $213.43 and a one year high of $315.95. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.93 and a quick ratio of 1.89. The business’s fifty day moving average price is $252.31 and its 200-day moving average price is $245.43. The stock has a market capitalization of $2.08 trillion, a PE ratio of 31.05, a P/E/G ratio of 2.44 and a beta of 0.92.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings results on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.05. Microsoft had a return on equity of 39.87% and a net margin of 33.05%. The firm had revenue of $52.75 billion for the quarter, compared to analysts’ expectations of $53.17 billion. During the same quarter in the prior year, the firm earned $2.48 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, equities research analysts anticipate that Microsoft Co. will post 9.34 EPS for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 8th. Stockholders of record on Thursday, May 18th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.97%. Microsoft’s dividend payout ratio is presently 30.22%.

Microsoft Company Profile

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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.