CENTRAL TRUST Co grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 254,713 shares of the software giant’s stock after acquiring an additional 2,605 shares during the quarter. Microsoft comprises 1.3% of CENTRAL TRUST Co’s portfolio, making the stock its 15th biggest position. CENTRAL TRUST Co’s holdings in Microsoft were worth $21,788,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in MSFT. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Microsoft in the fourth quarter valued at about $103,000. Acrospire Investment Management LLC grew its stake in shares of Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after buying an additional 1,200 shares in the last quarter. Stelac Advisory Services LLC grew its stake in shares of Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after buying an additional 387 shares in the last quarter. Family Capital Trust Co acquired a new stake in shares of Microsoft in the fourth quarter valued at about $188,000. Finally, Moller Financial Services acquired a new stake in shares of Microsoft in the fourth quarter valued at about $205,000. Institutional investors own 73.86% of the company’s stock.
A number of equities research analysts have recently issued reports on MSFT shares. Oppenheimer increased their target price on Microsoft to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Citigroup increased their target price on Microsoft to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Goldman Sachs set a $100.00 target price on Microsoft and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Royal Bank of Canada set a $100.00 target price on Microsoft and gave the company a “buy” rating in a research note on Tuesday, December 26th. Finally, Deutsche Bank set a $120.00 target price on Microsoft and gave the company a “buy” rating in a research note on Monday, March 12th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $100.14.
In related news, EVP Christopher C. Capossela sold 3,500 shares of the firm’s 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 sale, the executive vice president now owns 174,778 shares of the company’s stock, valued at approximately $16,254,354. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CMO Christopher C. Capossela sold 3,000 shares of the firm’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 completion of the sale, the chief marketing officer now directly owns 178,278 shares in the company, valued at approximately $16,633,337.40. The disclosure for this sale can be found here. In the last three months, insiders sold 10,000 shares of company stock worth $930,900. Company insiders own 1.49% of the company’s stock.
NASDAQ:MSFT opened at $93.08 on Friday. The company has a market cap of $720,546.63, a price-to-earnings ratio of 28.12, a PEG ratio of 2.17 and a beta of 1.07. Microsoft Co. has a 52 week low of $64.89 and a 52 week high of $97.24. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.85 and a current ratio of 2.89.
Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.09. The business had revenue of $28.92 billion for the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the business posted $0.83 EPS. research analysts forecast that Microsoft Co. will post 3.63 earnings per share for the current fiscal year.
The business also recently declared 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. This represents a $1.68 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Wednesday, May 16th. Microsoft’s dividend payout ratio (DPR) is 50.76%.
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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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