Sullivan Bruyette Speros & Blaney LLC lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 5.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 176,075 shares of the software giant’s stock after purchasing an additional 8,444 shares during the period. Microsoft accounts for about 1.7% of Sullivan Bruyette Speros & Blaney LLC’s investment portfolio, making the stock its 8th biggest holding. Sullivan Bruyette Speros & Blaney LLC’s holdings in Microsoft were worth $17,363,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. WP Advisors LLC bought a new stake in Microsoft during the 2nd quarter valued at about $131,000. Live Your Vision LLC increased its stake in Microsoft by 58.7% during the 2nd quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock valued at $140,000 after purchasing an additional 509 shares in the last quarter. CX Institutional bought a new stake in Microsoft during the 2nd quarter valued at about $145,000. Lara May & Associates LLC bought a new stake in Microsoft during the 1st quarter valued at about $199,000. Finally, Creative Financial Designs Inc. ADV increased its stake in Microsoft by 58.4% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,017 shares of the software giant’s stock valued at $199,000 after purchasing an additional 744 shares in the last quarter. 71.90% of the stock is owned by hedge funds and other institutional investors.
NASDAQ:MSFT opened at $109.19 on Friday. Microsoft Co. has a 1-year low of $82.00 and a 1-year high of $116.18. The stock has a market capitalization of $835.58 billion, a P/E ratio of 28.14, a price-to-earnings-growth ratio of 1.96 and a beta of 1.25. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88.
Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 24th. The software giant reported $1.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.18. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. The company had revenue of $29.08 billion during the quarter, compared to analyst estimates of $27.92 billion. During the same period in the prior year, the firm earned $0.84 earnings per share. The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. Analysts predict that Microsoft Co. will post 4.43 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 21st will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Wednesday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 47.42%.
A number of analysts have weighed in on MSFT shares. Morgan Stanley restated a “buy” rating and set a $130.00 price objective on shares of Microsoft in a research note on Tuesday, August 28th. Credit Suisse Group set a $125.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research report on Monday, August 27th. Oppenheimer reiterated a “buy” rating and set a $120.00 price objective on shares of Microsoft in a research report on Monday, August 20th. Goldman Sachs Group reiterated a “buy” rating and set a $123.00 price objective on shares of Microsoft in a research report on Monday, August 20th. Finally, Barclays reiterated a “buy” rating and set a $117.00 price objective on shares of Microsoft in a research report on Friday, August 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have issued a buy rating and two have given a strong buy rating to the company’s stock. Microsoft currently has a consensus rating of “Buy” and an average price target of $121.88.
In other Microsoft news, CEO Satya Nadella sold 203,418 shares of the company’s stock in a transaction that occurred on Friday, October 26th. The stock was sold at an average price of $106.68, for a total value of $21,700,632.24. Following 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 legal filing with the SEC, which is available at the SEC website. Also, insider Frank H. Brod sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 31st. The stock was sold at an average price of $107.70, for a total value of $2,154,000.00. Following the completion of the sale, the insider now owns 66,676 shares in the company, valued at approximately $7,181,005.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 295,255 shares of company stock valued at $31,797,279. 1.49% of the stock is owned by insiders.
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.
Further Reading: Market Capitalization in the Stock Market
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