Microsoft Co. (MSFT) Shares Bought by Advisor Partners LLC
Advisor Partners LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 170,640 shares of the software giant’s stock after purchasing an additional 11,921 shares during the quarter. Microsoft comprises about 2.7% of Advisor Partners LLC’s portfolio, making the stock its 2nd biggest holding. Advisor Partners LLC’s holdings in Microsoft were worth $15,358,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of MSFT. Vanguard Group Inc. lifted its holdings in Microsoft by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock valued at $38,880,105,000 after acquiring an additional 25,053,413 shares during the last quarter. Capital Research Global Investors lifted its holdings in Microsoft by 212.3% in the 2nd quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock valued at $4,801,874,000 after acquiring an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Microsoft by 609.4% during the 2nd quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after buying an additional 42,243,011 shares during the period. Legal & General Group Plc raised its holdings in Microsoft by 2.1% during the 3rd quarter. Legal & General Group Plc now owns 38,463,571 shares of the software giant’s stock worth $2,864,881,000 after buying an additional 774,549 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its holdings in Microsoft by 3.8% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 31,523,813 shares of the software giant’s stock worth $2,696,444,000 after buying an additional 1,148,178 shares during the period. 73.81% of the stock is owned by institutional investors and hedge funds.
Several analysts have issued reports on the company. ValuEngine upgraded Microsoft from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Vetr downgraded Microsoft from a “buy” rating to a “hold” rating and set a $93.54 price objective on the stock. in a report on Wednesday, January 17th. Instinet assumed coverage on Microsoft in a report on Thursday, January 25th. They set a “buy” rating on the stock. Zacks Investment Research downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Finally, Credit Suisse Group set a $115.00 price objective on Microsoft and gave the stock a “buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirty-two have issued a buy rating to the company’s stock. Microsoft has a consensus rating of “Buy” and an average price target of $101.22.
Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 26th. The software giant reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.10. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm had revenue of $26.82 billion for the quarter, compared to the consensus estimate of $25.78 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The firm’s revenue was up 15.5% on a year-over-year basis. sell-side analysts anticipate that Microsoft Co. will post 3.64 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 17th will be issued a $0.42 dividend. The ex-dividend date is Wednesday, May 16th. This represents a $1.68 dividend on an annualized basis and a yield of 1.75%. Microsoft’s dividend payout ratio is currently 50.76%.
In related news, EVP Christopher C. Capossela sold 3,500 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total value of $325,500.00. Following the transaction, the executive vice president now owns 174,778 shares in the company, valued at $16,254,354. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CMO Christopher C. Capossela sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $93.30, for a total value of $279,900.00. Following the sale, the chief marketing officer now directly owns 178,278 shares of the company’s stock, valued at approximately $16,633,337.40. The disclosure for this sale can be found here. Insiders sold 10,000 shares of company stock worth $930,900 in the last 90 days. 1.49% of the stock is currently owned by corporate insiders.
Microsoft Company Profile
Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.
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