Meristem Family Wealth LLC reduced its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,260 shares of the software giant’s stock after selling 307 shares during the quarter. Microsoft accounts for 0.7% of Meristem Family Wealth LLC’s portfolio, making the stock its 21st largest position. Meristem Family Wealth LLC’s holdings in Microsoft were worth $2,088,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MSFT. MainStreet Investment Advisors LLC boosted its holdings in shares of Microsoft by 1.0% in the second quarter. MainStreet Investment Advisors LLC now owns 137,482 shares of the software giant’s stock worth $13,557,000 after buying an additional 1,363 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Microsoft by 14.3% in the second quarter. Parallel Advisors LLC now owns 69,322 shares of the software giant’s stock worth $6,835,000 after buying an additional 8,660 shares during the last quarter. Aperio Group LLC boosted its holdings in shares of Microsoft by 4.3% in the second quarter. Aperio Group LLC now owns 4,988,037 shares of the software giant’s stock worth $491,870,000 after buying an additional 204,934 shares during the last quarter. Chatham Capital Group Inc. lifted its holdings in Microsoft by 9.3% during the second quarter. Chatham Capital Group Inc. now owns 5,689 shares of the software giant’s stock valued at $561,000 after purchasing an additional 482 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. lifted its holdings in Microsoft by 0.5% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 155,519 shares of the software giant’s stock valued at $15,336,000 after purchasing an additional 843 shares in the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.

In related news, EVP Christopher C. Capossela sold 10,500 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $111.48, for a total value of $1,170,540.00. Following the sale, the executive vice president now owns 156,866 shares in the company, valued at $17,487,421.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Satya Nadella sold 267,466 shares of the business’s stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $106.01, for a total transaction of $28,354,070.66. Following the completion of the sale, the chief executive officer now owns 1,746,854 shares in the company, valued at approximately $185,183,992.54. The disclosure for this sale can be found here. Insiders sold 333,667 shares of company stock worth $35,657,016 in the last 90 days. 1.38% of the stock is currently owned by company insiders.

Several equities analysts have weighed in on MSFT shares. Credit Suisse Group set a $125.00 price target on shares of Microsoft and gave the company a “buy” rating in a report on Sunday, December 23rd. Jefferies Financial Group reaffirmed a “sell” rating and set a $75.00 price target on shares of Microsoft in a report on Monday, November 19th. UBS Group set a $125.00 price target on shares of Microsoft and gave the company a “buy” rating in a report on Thursday, January 31st. Nomura lowered their price target on shares of Microsoft from $115.00 to $113.00 and set a “buy” rating on the stock in a report on Thursday, January 31st. Finally, KeyCorp reaffirmed a “buy” rating and set a $125.00 price target on shares of Microsoft in a report on Tuesday, January 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, thirty-one have assigned a buy rating and two have issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $122.51.

Microsoft stock opened at $115.91 on Friday. The company has a market cap of $892.48 billion, a PE ratio of 29.87, a P/E/G ratio of 2.09 and a beta of 1.21. The company has a current ratio of 3.12, a quick ratio of 3.08 and a debt-to-equity ratio of 0.82. Microsoft Co. has a 1 year low of $87.08 and a 1 year high of $117.25.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 30th. The software giant reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $32.53 billion. During the same quarter last year, the business posted $0.96 earnings per share. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. As a group, analysts anticipate that Microsoft Co. will post 4.41 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 15th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.59%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 47.42%.

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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, 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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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