Acropolis Investment Management LLC lessened its position in Microsoft Co. (NASDAQ:MSFT) by 0.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,793 shares of the software giant’s stock after selling 152 shares during the quarter. Microsoft makes up about 0.7% of Acropolis Investment Management LLC’s holdings, making the stock its 19th biggest holding. Acropolis Investment Management LLC’s holdings in Microsoft were worth $5,014,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of MSFT. Krane Funds Advisors LLC acquired a new position in shares of Microsoft in the 2nd quarter valued at about $26,000. Selective Wealth Management Inc. acquired a new position in Microsoft in the 3rd quarter valued at approximately $36,000. Atwater Malick LLC acquired a new position in Microsoft in the 3rd quarter valued at approximately $37,000. AlphaOne Investment Services LLC purchased a new stake in Microsoft in the 2nd quarter worth approximately $51,000. Finally, Gavea Investimentos Ltda purchased a new stake in Microsoft in the 2nd quarter worth approximately $70,000. Institutional investors and hedge funds own 71.78% of the company’s stock.

NASDAQ:MSFT traded down $0.31 during mid-day trading on Tuesday, hitting $162.97. 10,209,405 shares of the company’s stock traded hands, compared to its average volume of 20,194,620. The firm has a 50 day moving average of $155.62 and a two-hundred day moving average of $143.30. Microsoft Co. has a 12 month low of $100.98 and a 12 month high of $160.73. The firm has a market capitalization of $1,246.62 billion, a price-to-earnings ratio of 34.31, a price-to-earnings-growth ratio of 2.53 and a beta of 1.23. The company has a current ratio of 2.85, a quick ratio of 2.81 and a debt-to-equity ratio of 0.69.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 23rd. The software giant reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.14. The firm had revenue of $33.06 billion during the quarter, compared to the consensus estimate of $32.24 billion. Microsoft had a net margin of 31.66% and a return on equity of 39.14%. The business’s revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 EPS. As a group, equities research analysts expect that Microsoft Co. will post 5.36 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 20th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Wednesday, February 19th. Microsoft’s payout ratio is presently 42.95%.

Microsoft announced that its board has authorized a share repurchase plan on Wednesday, September 18th that authorizes the company to buyback $40.00 billion in outstanding shares. This buyback authorization authorizes the software giant to purchase up to 3.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Several equities analysts have recently commented on MSFT shares. Credit Suisse Group boosted their price target on Microsoft from $155.00 to $180.00 and gave the company an “outperform” rating in a research note on Monday. They noted that the move was a valuation call. Cowen reaffirmed an “outperform” rating and set a $180.00 price objective (up previously from $165.00) on shares of Microsoft in a research report on Thursday, January 9th. BidaskClub upgraded shares of Microsoft from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Jefferies Financial Group reissued a “buy” rating and issued a $185.00 target price (up from $160.00) on shares of Microsoft in a research report on Thursday, January 9th. Finally, BMO Capital Markets increased their price target on shares of Microsoft from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. One equities research analyst has rated the stock with a hold rating, thirty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $165.28.

In other Microsoft news, EVP Margaret L. Johnson sold 35,000 shares of Microsoft stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $150.01, for a total transaction of $5,250,350.00. Following the sale, the executive vice president now owns 62,423 shares in the company, valued at $9,364,074.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jean Philippe Courtois sold 11,345 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $145.06, for a total transaction of $1,645,705.70. Following the completion of the sale, the executive vice president now directly owns 611,855 shares in the company, valued at approximately $88,755,686.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,919 shares of company stock worth $9,817,790. 1.39% of the stock is owned by company 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, 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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