HT Partners LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 10.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,153 shares of the software giant’s stock after buying an additional 500 shares during the period. Microsoft accounts for about 0.2% of HT Partners LLC’s investment portfolio, making the stock its 14th biggest position. HT Partners LLC’s holdings in Microsoft were worth $595,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Peak Capital Management LLC bought a new stake in Microsoft in the second quarter valued at approximately $107,000. WP Advisors LLC bought a new stake in Microsoft in the second quarter valued at approximately $131,000. Quattro Financial Advisors LLC bought a new stake in Microsoft in the third quarter valued at approximately $132,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Microsoft in the second quarter valued at approximately $139,000. Finally, Live Your Vision LLC boosted its holdings in shares of Microsoft by 58.7% in the second quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock valued at $140,000 after buying an additional 509 shares during the period. Hedge funds and other institutional investors own 71.64% of the company’s stock.
MSFT opened at $102.80 on Friday. Microsoft Co. has a 1-year low of $83.83 and a 1-year high of $116.18. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.85 and a current ratio of 2.92. The company has a market capitalization of $802.86 billion, a PE ratio of 26.49, a P/E/G ratio of 1.89 and a beta of 1.24.
Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, topping the consensus estimate of $0.96 by $0.18. The business had revenue of $29.08 billion for the quarter, compared to the consensus estimate of $27.92 billion. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. The firm’s revenue was up 18.5% compared to the same quarter last year. During the same period last year, the company earned $0.84 EPS. On average, analysts expect that Microsoft Co. will post 4.43 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 21st will be paid a $0.46 dividend. The ex-dividend date is Wednesday, February 20th. This represents a $1.84 annualized dividend and a dividend yield of 1.79%. Microsoft’s dividend payout ratio is currently 47.42%.
MSFT has been the subject of several research analyst reports. Oppenheimer upped their price target on shares of Microsoft to $127.00 and gave the company an “outperform” rating in a report on Tuesday, September 18th. Zacks Investment Research cut shares of Microsoft from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Credit Suisse Group set a $125.00 price target on shares of Microsoft and gave the company a “buy” rating in a report on Wednesday, September 19th. Royal Bank of Canada set a $124.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Wednesday, September 26th. Finally, Barclays set a $120.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Wednesday, September 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $121.88.
In other news, CEO Satya Nadella sold 203,418 shares of Microsoft stock in a transaction on Friday, October 26th. The shares were sold at an average price of $106.68, for a total value of $21,700,632.24. Following the completion of the sale, the chief executive officer now owns 1,014,247 shares in the company, valued at approximately $108,199,869.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank H. Brod sold 2,000 shares of Microsoft stock in a transaction on Monday, November 5th. The shares were sold at an average price of $107.18, for a total transaction of $214,360.00. Following the completion of the sale, the insider now owns 64,676 shares of the company’s stock, valued at approximately $6,931,973.68. The disclosure for this sale can be found here. Insiders sold a total of 279,918 shares of company stock valued at $30,102,412 in the last quarter. 1.38% of the stock is currently owned by company insiders.
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Microsoft Company Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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