Quantamental Technologies LLC Invests $26,000 in Microsoft Co. (MSFT) Stock

Quantamental Technologies LLC purchased a new position in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 260 shares of the software giant’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds also recently modified their holdings of MSFT. Norris Perne & French LLP MI boosted its position in Microsoft by 9.3% during the 4th quarter. Norris Perne & French LLP MI now owns 299,813 shares of the software giant’s stock worth $30,452,000 after acquiring an additional 25,452 shares during the period. OLD Point Trust & Financial Services N A boosted its position in Microsoft by 3.2% during the 4th quarter. OLD Point Trust & Financial Services N A now owns 65,961 shares of the software giant’s stock worth $6,700,000 after acquiring an additional 2,015 shares during the period. McGuire Investment Group LLC boosted its position in Microsoft by 0.6% during the 4th quarter. McGuire Investment Group LLC now owns 50,191 shares of the software giant’s stock worth $5,098,000 after acquiring an additional 312 shares during the period. Tufton Capital Management boosted its position in Microsoft by 0.4% during the 4th quarter. Tufton Capital Management now owns 175,439 shares of the software giant’s stock worth $17,819,000 after acquiring an additional 636 shares during the period. Finally, Hills Bank & Trust Co. boosted its position in Microsoft by 0.8% during the 4th quarter. Hills Bank & Trust Co. now owns 72,124 shares of the software giant’s stock worth $7,325,000 after acquiring an additional 539 shares during the period. 73.60% of the stock is currently owned by hedge funds and other institutional investors.

In related news, EVP Christopher C. Capossela sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $126.02, for a total value of $630,100.00. Following the completion of the sale, the executive vice president now directly owns 144,934 shares in the company, valued at approximately $18,264,582.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Satya Nadella sold 15,334 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $112.31, for a total value of $1,722,161.54. Following the completion of the sale, the chief executive officer now owns 1,104,932 shares of the company’s stock, valued at $124,094,912.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 238,354 shares of company stock valued at $30,340,221. Corporate insiders own 1.38% of the company’s stock.

Shares of Microsoft stock opened at $126.18 on Friday. The stock has a market cap of $977.10 billion, a PE ratio of 32.52, a PEG ratio of 2.23 and a beta of 1.24. 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 52-week low of $93.96 and a 52-week high of $131.37.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, beating 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 business had revenue of $30.57 billion during the quarter, compared to analyst estimates of $29.86 billion. During the same period in the previous year, the company earned $0.95 EPS. The firm’s revenue was up 14.0% on a year-over-year basis. Equities analysts expect that Microsoft Co. will post 4.58 earnings per share for the current fiscal year.

The business also recently announced 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. The ex-dividend date is Wednesday, May 15th. This represents a $1.84 annualized dividend and a yield of 1.46%. Microsoft’s dividend payout ratio (DPR) is currently 47.42%.

A number of brokerages have commented on MSFT. UBS Group raised their price objective on Microsoft from $125.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Bank of America raised their price objective on Microsoft from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Argus raised their price objective on Microsoft to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. Morgan Stanley raised their price objective on Microsoft from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Finally, Barclays raised their price objective on Microsoft from $132.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-five have issued a buy rating and three have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $135.75.

TRADEMARK VIOLATION WARNING: “Quantamental Technologies LLC Invests $26,000 in Microsoft Co. (MSFT) Stock” was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at https://www.baseballdailydigest.com/news/2019/05/24/quantamental-technologies-llc-invests-26000-in-microsoft-co-msft-stock.html.

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.

Recommended Story: Consumer Price Index (CPI)

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.