Lawson Kroeker Investment Management Inc. NE lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 114,841 shares of the software giant’s stock after selling 400 shares during the quarter. Microsoft makes up approximately 4.6% of Lawson Kroeker Investment Management Inc. NE’s holdings, making the stock its 6th biggest holding. Lawson Kroeker Investment Management Inc. NE’s holdings in Microsoft were worth $11,664,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of MSFT. Vanguard Group Inc raised its stake in Microsoft by 1.6% during the third quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock worth $66,091,902,000 after acquiring an additional 8,820,439 shares during the period. Royal London Asset Management Ltd. acquired a new stake in Microsoft during the second quarter worth about $406,699,000. Morgan Stanley raised its stake in Microsoft by 4.8% during the third quarter. Morgan Stanley now owns 60,865,803 shares of the software giant’s stock worth $6,961,221,000 after acquiring an additional 2,796,779 shares during the period. Russell Investments Group Ltd. raised its stake in Microsoft by 19.6% during the third quarter. Russell Investments Group Ltd. now owns 9,248,352 shares of the software giant’s stock worth $1,057,849,000 after acquiring an additional 1,517,947 shares during the period. Finally, ADAMCAPITAL Gestao de Recursos Ltda. increased its stake in shares of Microsoft by 342.8% in the third quarter. ADAMCAPITAL Gestao de Recursos Ltda. now owns 1,866,026 shares of the software giant’s stock valued at $213,417,000 after purchasing an additional 1,444,650 shares during the period. Institutional investors and hedge funds own 72.89% of the company’s stock.
Several brokerages have commented on MSFT. Credit Suisse Group restated a “buy” rating and issued a $125.00 price target on shares of Microsoft in a research note on Friday, March 22nd. KeyCorp restated a “buy” rating and issued a $141.00 price target (up previously from $125.00) on shares of Microsoft in a research note on Wednesday. Zacks Investment Research upgraded shares of Microsoft from a “hold” rating to a “buy” rating and set a $118.00 price target on the stock in a research note on Thursday, January 24th. ValuEngine lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Finally, Royal Bank of Canada raised their price target on shares of Microsoft to $130.00 and gave the company an “outperform” rating in a research note on Monday, March 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-one have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $123.85.
Microsoft stock traded up $0.43 during midday trading on Wednesday, reaching $121.20. The stock had a trading volume of 5,090,977 shares, compared to its average volume of 22,374,652. Microsoft Co. has a twelve month low of $90.28 and a twelve month high of $121.65. The company has a debt-to-equity ratio of 0.82, a quick ratio of 3.08 and a current ratio of 3.12. The firm has a market capitalization of $932.06 billion, a price-to-earnings ratio of 31.24, a P/E/G ratio of 2.22 and a beta of 1.22.
Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 30th. The software giant reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.01. Microsoft had a net margin of 28.31% and a return on equity of 39.52%. The firm had revenue of $32.47 billion during the quarter, compared to analyst estimates of $32.53 billion. During the same quarter last year, the business posted $0.96 EPS. The company’s revenue was up 12.3% on a year-over-year basis. Equities analysts forecast that Microsoft Co. will post 4.41 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 15th will be given a $0.46 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.84 dividend on an annualized basis and a yield of 1.52%. Microsoft’s payout ratio is 47.42%.
In other news, EVP Christopher C. Capossela sold 10,500 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $111.48, for a total transaction of $1,170,540.00. Following the transaction, the executive vice president now owns 156,866 shares in the company, valued at approximately $17,487,421.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $110.46, for a total transaction of $552,300.00. Following the transaction, the chief marketing officer now owns 156,866 shares in the company, valued at approximately $17,327,418.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 333,667 shares of company stock valued at $35,657,016. Insiders own 1.38% of the company’s stock.
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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, 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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