Microsoft Co. (MSFT) Holdings Trimmed by Cooper Haims Advisors LLC

Cooper Haims Advisors LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 9.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,158 shares of the software giant’s stock after selling 606 shares during the quarter. Microsoft comprises 0.4% of Cooper Haims Advisors LLC’s portfolio, making the stock its 18th biggest holding. Cooper Haims Advisors LLC’s holdings in Microsoft were worth $625,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. CAPROCK Group Inc. lifted its holdings in Microsoft by 15.5% in the 3rd quarter. CAPROCK Group Inc. now owns 119,691 shares of the software giant’s stock worth $13,689,000 after buying an additional 16,074 shares during the period. Parkside Investments LLC lifted its stake in shares of Microsoft by 2.3% in the 3rd quarter. Parkside Investments LLC now owns 21,122 shares of the software giant’s stock valued at $2,415,000 after purchasing an additional 475 shares during the period. Coastline Trust Co lifted its stake in shares of Microsoft by 0.9% in the 3rd quarter. Coastline Trust Co now owns 83,088 shares of the software giant’s stock valued at $9,503,000 after purchasing an additional 750 shares during the period. Harbor Advisory Corp MA purchased a new position in shares of Microsoft in the 3rd quarter valued at approximately $203,000. Finally, Davis R M Inc. lifted its stake in shares of Microsoft by 4.3% in the 3rd quarter. Davis R M Inc. now owns 223,502 shares of the software giant’s stock valued at $25,562,000 after purchasing an additional 9,291 shares during the period. Institutional investors own 73.00% of the company’s stock.

A number of research firms have recently commented on MSFT. UBS Group raised their target price on Microsoft from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Bank of America lifted their price objective on Microsoft from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Argus lifted their price objective on Microsoft to $145.00 and gave the company a “buy” rating in a research note on Monday, April 29th. Morgan Stanley lifted their price objective on Microsoft from $140.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, April 25th. Finally, Barclays lifted their target price on Microsoft from $132.00 to $152.00 and gave the stock an “overweight” rating in a report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twenty-six have given a buy rating and three have assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $135.14.

Shares of MSFT opened at $123.35 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.97 and a quick ratio of 2.93. Microsoft Co. has a one year low of $93.96 and a one year high of $131.37. The firm has a market capitalization of $978.87 billion, a P/E ratio of 31.79, a PEG ratio of 2.21 and a beta of 1.24.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 24th. The software giant reported $1.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.14. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The company had revenue of $30.57 billion during the quarter, compared to analyst estimates of $29.86 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. Microsoft’s revenue was up 14.0% compared to the same quarter last year. Equities research analysts predict that Microsoft Co. will post 4.58 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 15th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is currently 47.42%.

In related news, EVP Christopher C. Capossela sold 3,000 shares of Microsoft stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $128.87, for a total value of $386,610.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jean Philippe Courtois sold 28,147 shares of Microsoft stock in a transaction on Friday, February 15th. The stock was sold at an average price of $108.14, for a total value of $3,043,816.58. Following the completion of the sale, the insider now directly owns 497,162 shares of the company’s stock, valued at approximately $53,763,098.68. The disclosure for this sale can be found here. Insiders sold 261,501 shares of company stock valued at $32,753,937 in the last ninety days. 1.38% of the stock is currently owned by corporate insiders.

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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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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