Hollencrest Capital Management Has $4.56 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Hollencrest Capital Management lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 30.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,015 shares of the software giant’s stock after selling 8,201 shares during the period. Hollencrest Capital Management’s holdings in Microsoft were worth $4,560,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Optas LLC increased its stake in shares of Microsoft by 2.7% in the fourth quarter. Optas LLC now owns 25,001 shares of the software giant’s stock valued at $5,996,000 after buying an additional 651 shares during the period. West Branch Capital LLC boosted its position in shares of Microsoft by 0.5% during the 4th quarter. West Branch Capital LLC now owns 44,418 shares of the software giant’s stock valued at $10,652,000 after purchasing an additional 227 shares in the last quarter. ICICI Prudential Asset Management Co Ltd boosted its position in shares of Microsoft by 199.7% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 107,705 shares of the software giant’s stock valued at $25,356,000 after purchasing an additional 71,769 shares in the last quarter. Seascape Capital Management boosted its position in shares of Microsoft by 41.9% during the 3rd quarter. Seascape Capital Management now owns 2,908 shares of the software giant’s stock valued at $677,000 after purchasing an additional 858 shares in the last quarter. Finally, Value Aligned Research Advisors LLC bought a new stake in shares of Microsoft during the 4th quarter valued at about $13,999,000. Institutional investors and hedge funds own 69.15% of the company’s stock.

Microsoft Trading Up 3.8 %

NASDAQ MSFT opened at $325.92 on Friday. The stock has a 50-day moving average of $295.26 and a 200-day moving average of $263.88. The firm has a market cap of $2.42 trillion, a PE ratio of 35.31, a price-to-earnings-growth ratio of 2.80 and a beta of 0.93. The company has a current ratio of 1.91, a quick ratio of 1.88 and a debt-to-equity ratio of 0.22. Microsoft Co. has a 1-year low of $213.43 and a 1-year high of $326.90.

Microsoft (NASDAQ:MSFT – Get Rating) last released its quarterly earnings results on Tuesday, April 25th. The software giant reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. The business had revenue of $52.86 billion during the quarter, compared to analyst estimates of $51.01 billion. Microsoft had a return on equity of 38.98% and a net margin of 33.25%. Microsoft’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.22 EPS. As a group, sell-side analysts forecast that Microsoft Co. will post 9.66 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 8th. Stockholders of record on Thursday, May 18th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Wednesday, May 17th. Microsoft’s dividend payout ratio is currently 29.47%.

Insider Transactions at Microsoft

In related news, CEO Satya Nadella sold 4,767 shares of the company’s stock in a transaction that occurred on 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 owns 788,625 shares in the company, valued at approximately $196,272,990. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CMO Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $310.05, for a total value of $1,550,250.00. Following the sale, the chief marketing officer now owns 110,206 shares in the company, valued at approximately $34,169,370.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satya Nadella sold 4,767 shares of the 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 sale, the chief executive officer now owns 788,625 shares in the company, valued at $196,272,990. The disclosure for this sale can be found here. In the last quarter, insiders sold 54,848 shares of company stock valued at $16,635,227. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

MSFT has been the topic of several research analyst reports. Fundamental Research lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. UBS Group increased their price target on Microsoft from $275.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, April 26th. Mizuho increased their price target on Microsoft from $325.00 to $340.00 in a report on Wednesday. TD Cowen lifted their target price on Microsoft from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, April 26th. Finally, Credit Suisse Group lifted their target price on Microsoft from $285.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, April 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirty-two have issued a buy rating to the stock. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus target price of $323.69.

Microsoft 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.