Hays Advisory LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 18.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,416 shares of the software giant’s stock after buying an additional 862 shares during the quarter. Hays Advisory LLC’s holdings in Microsoft were worth $463,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in MSFT. Kohmann Bosshard Financial Services LLC bought a new stake in Microsoft during the fourth quarter worth approximately $103,000. Cerebellum GP LLC bought a new stake in Microsoft during the fourth quarter worth approximately $134,000. Acrospire Investment Management LLC boosted its position in Microsoft by 300.0% during the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after purchasing an additional 1,200 shares during the period. Stelac Advisory Services LLC boosted its position in Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after purchasing an additional 387 shares during the period. Finally, Family Capital Trust Co bought a new stake in Microsoft during the fourth quarter worth approximately $188,000. 73.81% of the stock is owned by institutional investors and hedge funds.
Microsoft stock opened at $95.35 on Tuesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.89 and a quick ratio of 2.85. Microsoft Co. has a 52-week low of $67.10 and a 52-week high of $97.24. The firm has a market cap of $731,480.31, a price-to-earnings ratio of 28.81, a P/E/G ratio of 2.20 and a beta of 1.06.
Microsoft (NASDAQ:MSFT) last released its quarterly earnings data 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. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm had revenue of $28.92 billion during the quarter, compared to analyst estimates of $28.42 billion. During the same period in the prior year, the company posted $0.83 earnings per share. The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. equities analysts anticipate that Microsoft Co. will post 3.63 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Shareholders of record on Thursday, May 17th will be paid a dividend of $0.42 per share. The ex-dividend date is Wednesday, May 16th. This represents a $1.68 annualized dividend and a yield of 1.76%. Microsoft’s dividend payout ratio is currently 50.76%.
In other Microsoft news, EVP Christopher C. Capossela sold 3,500 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total transaction of $325,500.00. Following the completion of the transaction, the executive vice president now directly 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 accessible through this hyperlink. Also, CMO Christopher C. Capossela sold 3,000 shares of the stock in a transaction 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 transaction, the chief marketing officer now owns 178,278 shares of the company’s stock, valued at $16,633,337.40. The disclosure for this sale can be found here. Insiders have sold 10,000 shares of company stock valued at $930,900 over the last quarter. Corporate insiders own 1.49% of the company’s stock.
A number of equities research analysts have issued reports on MSFT shares. Oppenheimer set a $100.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Monday, January 1st. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research raised Microsoft from a “hold” rating to a “buy” rating and set a $96.00 target price for the company in a research report on Tuesday, December 26th. Royal Bank of Canada set a $100.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Tuesday, December 26th. Finally, Piper Jaffray reaffirmed a “buy” rating on shares of Microsoft in a research report on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and thirty-one have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $100.19.
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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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