Microsoft Co. (MSFT) Position Increased by Leonard Rickey Investment Advisors P.L.L.C.

Leonard Rickey Investment Advisors P.L.L.C. boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,099 shares of the software giant’s stock after acquiring an additional 323 shares during the period. Microsoft accounts for approximately 0.9% of Leonard Rickey Investment Advisors P.L.L.C.’s holdings, making the stock its 22nd biggest holding. Leonard Rickey Investment Advisors P.L.L.C.’s holdings in Microsoft were worth $1,127,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in MSFT. Vanguard Group Inc boosted its holdings in shares of Microsoft by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock valued at $66,091,902,000 after buying an additional 8,820,439 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Microsoft by 4.8% during the 3rd quarter. Morgan Stanley now owns 60,865,803 shares of the software giant’s stock valued at $6,961,221,000 after buying an additional 2,796,779 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Microsoft by 19.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 9,248,352 shares of the software giant’s stock valued at $1,057,849,000 after buying an additional 1,517,947 shares in the last quarter. ADAMCAPITAL Gestao de Recursos Ltda. boosted its holdings in shares of Microsoft by 342.8% during the 3rd quarter. ADAMCAPITAL Gestao de Recursos Ltda. now owns 1,866,026 shares of the software giant’s stock valued at $213,417,000 after buying an additional 1,444,650 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. bought a new stake in shares of Microsoft during the 3rd quarter valued at $129,830,000. Institutional investors and hedge funds own 72.89% of the company’s stock.

In other Microsoft news, CEO Satya Nadella sold 267,466 shares of the business’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $106.01, for a total value of $28,354,070.66. Following the completion of the transaction, the chief executive officer now owns 1,746,854 shares of the company’s stock, valued at approximately $185,183,992.54. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Frank H. Brod sold 7,220 shares of the business’s stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $112.76, for a total value of $814,127.20. Following the completion of the transaction, the insider now directly owns 53,069 shares of the company’s stock, valued at approximately $5,984,060.44. The disclosure for this sale can be found here. In the last three months, insiders sold 333,667 shares of company stock valued at $35,657,016. 1.38% of the stock is owned by insiders.

Shares of Microsoft stock opened at $123.37 on Friday. The stock has a market capitalization of $949.92 billion, a P/E ratio of 31.80, a PEG ratio of 2.22 and a beta of 1.22. Microsoft Co. has a 1 year low of $90.28 and a 1 year high of $123.52. 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 (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 30th. The software giant reported $1.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.01. The company had revenue of $32.47 billion for the quarter, compared to analysts’ expectations of $32.53 billion. Microsoft had a net margin of 28.31% and a return on equity of 39.52%. Microsoft’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 EPS. As a group, analysts expect that Microsoft Co. will post 4.41 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 15th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is 47.42%.

A number of brokerages have recently commented on MSFT. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Goldman Sachs Group restated a “buy” rating and set a $131.00 target price on shares of Microsoft in a report on Thursday. Wedbush restated an “outperform” rating and set a $150.00 target price (up previously from $140.00) on shares of Microsoft in a report on Thursday. Zacks Investment Research cut shares of Microsoft from a “buy” rating to a “hold” rating in a report on Monday, December 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Microsoft from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $125.00.

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About Microsoft

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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