Rothschild Investment Corp IL lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,088 shares of the software giant’s stock after selling 2,328 shares during the quarter. Microsoft makes up 1.9% of Rothschild Investment Corp IL’s portfolio, making the stock its 3rd biggest position. Rothschild Investment Corp IL’s holdings in Microsoft were worth $23,908,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in MSFT. TFO TDC LLC raised its holdings in shares of Microsoft by 6,566.7% during the fourth quarter. TFO TDC LLC now owns 200 shares of the software giant’s stock valued at $68,000 after acquiring an additional 197 shares in the last quarter. Dark Forest Capital Management LP bought a new position in shares of Microsoft during the third quarter valued at approximately $71,000. Syverson Strege & Co bought a new position in shares of Microsoft during the third quarter valued at approximately $72,000. First Command Advisory Services Inc. bought a new position in shares of Microsoft during the third quarter valued at approximately $127,000. Finally, Strategic Asset Management LLC bought a new position in Microsoft in the third quarter worth $168,000. Institutional investors own 69.41% of the company’s stock.
In related news, Director Emma N. Walmsley bought 1,700 shares of the business’s stock in a transaction dated Friday, January 28th. The shares were purchased at an average price of $295.48 per share, with a total value of $502,316.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Emma N. Walmsley acquired 1,600 shares of the company’s stock in a transaction that occurred on Monday, January 31st. The shares were acquired at an average price of $311.53 per share, with a total value of $498,448.00. The disclosure for this purchase can be found here. Insiders own 0.05% of the company’s stock.
NASDAQ:MSFT traded down $0.42 during trading hours on Friday, reaching $303.68. The stock had a trading volume of 22,551,171 shares, compared to its average volume of 32,869,892. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.21 and a current ratio of 2.25. Microsoft Co. has a 52 week low of $231.10 and a 52 week high of $349.67. The company has a 50 day moving average price of $296.45 and a two-hundred day moving average price of $310.73. The stock has a market capitalization of $2.28 trillion, a PE ratio of 32.34, a PEG ratio of 2.61 and a beta of 0.91.
Microsoft (NASDAQ:MSFT – Get Rating) last released its quarterly earnings data on Tuesday, January 25th. The software giant reported $2.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.29 by $0.19. The business had revenue of $51.73 billion for the quarter, compared to the consensus estimate of $50.80 billion. Microsoft had a return on equity of 45.73% and a net margin of 38.50%. The company’s revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.03 EPS. Equities research analysts predict that Microsoft Co. will post 9.31 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 9th. Stockholders of record on Thursday, May 19th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Wednesday, May 18th. Microsoft’s dividend payout ratio is currently 26.41%.
MSFT has been the subject of a number of research reports. Royal Bank of Canada set a $380.00 price objective on Microsoft in a report on Wednesday, January 26th. Credit Suisse Group set a $400.00 price target on Microsoft in a report on Wednesday, January 26th. Jefferies Financial Group set a $400.00 price target on Microsoft in a report on Monday, January 24th. Sumitomo Mitsui Financial Group began coverage on Microsoft in a research report on Wednesday, December 22nd. They set an “outperform” rating and a $410.00 price objective on the stock. Finally, Tigress Financial increased their price objective on Microsoft from $366.00 to $411.00 and gave the company a “buy” rating in a research report on Friday, February 4th. One research analyst has rated the stock with a hold rating, thirty-three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $355.99.
About Microsoft (Get Rating)
Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of devices and platforms, including Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions.
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