Microsoft Co. (NASDAQ:MSFT) Stock Position Lessened by Rothschild Investment Corp IL

Rothschild Investment Corp IL lessened its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 111,856 shares of the software giant’s stock after selling 4,138 shares during the period. Microsoft accounts for approximately 1.8% of Rothschild Investment Corp IL’s portfolio, making the stock its 5th largest holding. Rothschild Investment Corp IL’s holdings in Microsoft were worth $14,984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearbridge Investments LLC raised its position in shares of Microsoft by 0.8% in the first quarter. Clearbridge Investments LLC now owns 24,262,155 shares of the software giant’s stock valued at $2,861,479,000 after buying an additional 201,876 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Microsoft by 3.6% in the fourth quarter. Fisher Asset Management LLC now owns 19,441,789 shares of the software giant’s stock valued at $1,974,703,000 after buying an additional 672,487 shares during the last quarter. Lunia Capital LP raised its position in shares of Microsoft by 9,650.2% in the fourth quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after buying an additional 16,861,809 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Microsoft by 1.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 13,537,606 shares of the software giant’s stock valued at $1,375,016,000 after buying an additional 150,105 shares during the last quarter. Finally, Alecta Pensionsforsakring Omsesidigt raised its position in shares of Microsoft by 4.3% in the fourth quarter. Alecta Pensionsforsakring Omsesidigt now owns 11,460,000 shares of the software giant’s stock valued at $1,150,584,000 after buying an additional 475,000 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors.

A number of equities analysts have recently weighed in on MSFT shares. Macquarie boosted their price objective on shares of Microsoft from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Mizuho set a $152.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Friday, July 19th. Barclays boosted their price objective on shares of Microsoft from $132.00 to $152.00 and gave the company an “overweight” rating in a research report on Thursday, April 25th. Stifel Nicolaus boosted their price objective on shares of Microsoft from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Wells Fargo & Co set a $160.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $149.21.

Shares of Microsoft stock traded down $1.16 during trading hours on Friday, hitting $136.90. The company’s stock had a trading volume of 30,781,971 shares, compared to its average volume of 21,651,300. Microsoft Co. has a 1-year low of $93.96 and a 1-year high of $141.68. The firm has a fifty day moving average price of $136.94. The firm has a market cap of $1,044.21 billion, a P/E ratio of 28.82, a PEG ratio of 2.38 and a beta of 1.23. The company has a quick ratio of 2.50, a current ratio of 2.53 and a debt-to-equity ratio of 0.71.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, July 18th. The software giant reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.16. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The company had revenue of $33.72 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. Analysts anticipate that Microsoft Co. will post 5.21 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Wednesday, August 14th. Microsoft’s payout ratio is currently 38.74%.

In other news, EVP Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total value of $630,100.00. Following the completion of the transaction, the executive vice president now directly owns 144,934 shares in the company, valued at $18,264,582.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 15,947 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $133.17, for a total transaction of $2,123,661.99. Following the completion of the transaction, the executive vice president now owns 202,518 shares of the company’s stock, valued at $26,969,322.06. The disclosure for this sale can be found here. Insiders sold 24,947 shares of company stock valued at $3,317,962 in the last three months. Company insiders own 1.38% of the company’s stock.

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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