Uncommon Cents Investing LLC Lowers Holdings in Microsoft Co. (NASDAQ:MSFT)

Uncommon Cents Investing LLC lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 5.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 62,288 shares of the software giant’s stock after selling 3,905 shares during the quarter. Microsoft makes up approximately 5.4% of Uncommon Cents Investing LLC’s investment portfolio, making the stock its 2nd largest holding. Uncommon Cents Investing LLC’s holdings in Microsoft were worth $8,344,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Quantamental Technologies LLC purchased a new position in Microsoft in the 4th quarter worth approximately $26,000. Highwater Wealth Management LLC bought a new stake in Microsoft during the 4th quarter valued at $27,000. Centaurus Financial Inc. raised its holdings in Microsoft by 21.1% during the 1st quarter. Centaurus Financial Inc. now owns 3,222 shares of the software giant’s stock valued at $27,000 after buying an additional 561 shares during the last quarter. Mackey Komara & Dankovich LLC bought a new stake in Microsoft during the 4th quarter valued at $30,000. Finally, Ayalon Holdings Ltd. bought a new stake in Microsoft during the 4th quarter valued at $41,000. 72.09% of the stock is currently owned by institutional investors.

In other news, insider Frank H. Brod sold 4,000 shares of the firm’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $141.05, for a total transaction of $564,200.00. Following the sale, the insider now owns 64,152 shares of the company’s stock, valued at approximately $9,048,639.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total transaction of $630,100.00. Following the sale, the executive vice president now directly owns 144,934 shares in the company, valued at approximately $18,264,582.68. The disclosure for this sale can be found here. Insiders have sold a total of 24,947 shares of company stock worth $3,317,962 over the last three months. 1.38% of the stock is currently owned by insiders.

Several research analysts have commented on MSFT shares. Oppenheimer upped their price objective on shares of Microsoft from $145.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Raymond James upped their price objective on shares of Microsoft from $160.00 to $163.00 and gave the stock a “strong-buy” rating in a report on Friday, July 19th. Wells Fargo & Co set a $160.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a report on Friday, July 19th. DZ Bank restated a “buy” rating on shares of Microsoft in a report on Friday, July 19th. Finally, Bank of America upped their price objective on shares of Microsoft from $150.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. One equities research 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 stock. The stock presently has an average rating of “Buy” and a consensus target price of $149.21.

Shares of Microsoft stock traded down $3.47 during trading on Monday, hitting $133.43. The company’s stock had a trading volume of 629,653 shares, compared to its average volume of 23,679,176. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.53 and a quick ratio of 2.50. The business’s fifty day moving average price is $136.94. The firm has a market capitalization of $1,049.04 billion, a P/E ratio of 28.07, a PEG ratio of 2.39 and a beta of 1.23. Microsoft Co. has a 52 week low of $93.96 and a 52 week high of $141.68.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.38%. The ex-dividend date is Wednesday, August 14th. Microsoft’s dividend payout ratio (DPR) is 38.74%.

Microsoft 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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