Microsoft Co. (NASDAQ:MSFT) shares purchased by Independent Investors Inc.


Independent Investors Inc. increased its stake in shares of Microsoft Co. (NASDAQ: MSFTGet a rating) by 0.1% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor held 57,561 shares of the software giant after purchasing an additional 57 shares during the period. Microsoft represents about 4.0% of Independent Investors Inc.’s portfolio, making the stock its second largest holding. Independent Investors Inc.’s holdings in Microsoft were worth $17,747,000 at the end of the last quarter.

Other institutional investors have also recently changed their stake in the company. ACT Wealth Management LLC increased its stake in Microsoft by 0.8% during the fourth quarter. ACT Wealth Management LLC now owns 4,097 shares of the software giant worth $1,378,000 after buying 34 more shares in the last quarter. Wealth Enhancement & Preservation of GA LLC increased its stake in Microsoft by 0.7% during the fourth quarter. Wealth Enhancement & Preservation of GA LLC now owns 4,995 shares of the software giant worth $1,680,000 after buying 34 more shares in the last quarter. Hanlon Investment Management Inc. increased its stake in Microsoft by 1.2% during the fourth quarter. Hanlon Investment Management Inc. now owns 2,868 shares of the software giant worth $965,000 after buying 35 more shares in the last quarter. KB Financial Partners LLC increased its stake in Microsoft by 0.5% during the fourth quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant worth $2,404,000 after buying 35 more shares in the last quarter. Finally, Valtinson Bruner Financial Planning LLC increased its stake in Microsoft by 0.9% during the first quarter. Valtinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant worth $1,186,000 after buying 37 more shares in the last quarter. Institutional investors and hedge funds own 69.99% of the company’s shares.

Microsoft stock performance

Shares of MSFT opened at $260.36 on Friday. The stock’s 50-day simple moving average is $260.39 and its 200-day simple moving average is $283.19. The stock has a market capitalization of $1.95 trillion, a price-to-earnings ratio of 27.18, a growth price-to-earnings ratio of 2.05 and a beta of 0.93. The company has a debt ratio of 0.30, a quick ratio of 1.95 and a current ratio of 1.99. Microsoft Co. has a 52-week low of $241.51 and a 52-week high of $349.67.

Microsoft (NASDAQ: MSFTGet a rating) last released its quarterly earnings data on Tuesday, April 26. The software giant reported earnings per share (EPS) of $2.22 for the quarter, beating analyst consensus estimates of $2.18 by $0.04. The company posted revenue of $49.36 billion for the quarter, versus $49.05 billion expected by analysts. Microsoft had a return on equity of 44.85% and a net margin of 37.63%. The company’s quarterly revenue increased 18.4% year over year. In the same quarter a year earlier, the company posted EPS of $1.95. Research analysts expect Microsoft Co. to post an EPS of 9.27 for the current fiscal year.

Microsoft dividend announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8. Investors of record on Thursday, August 18 will receive a dividend of $0.62 per share. This represents an annualized dividend of $2.48 and a yield of 0.95%. The ex-dividend date is Wednesday, August 17. Microsoft’s payout rate is 25.89%.

Wall Street analysts predict growth

Several research companies have weighed in on MSFT. Piper Sandler lowered her price target on Microsoft shares from $352.00 to $312.00 and set an “overweight” rating on the stock in a Friday, July 8 report. UBS Group set a target price of $330.00 on Microsoft shares in a Monday, June 20 research note. Barclays cut its price target on Microsoft shares from $363.00 to $335.00 and set an “overweight” rating on the stock in a Friday, June 10 report. Deutsche Bank Rese… set a price target of $350.00 on Microsoft shares in a Monday July 18 research note. To finish, StockNews.com began covering Microsoft in a research note on Thursday, March 31. They issued a “buy” rating on the stock. An investment analyst gave the stock a hold rating and thirty-one gave the company a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $346.52.

About Microsoft

(Get a rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance and Skype for Business, and associated client access licenses (CALs); Skype, Outlook.com, OneDrive and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and business divisions.

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Institutional ownership by quarter for Microsoft (NASDAQ:MSFT)



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