Telos Capital Management Inc. raised its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 0.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,536 shares of the software giant’s stock after purchasing an additional 182 shares during the quarter. Telos Capital Management Inc.’s holdings in Microsoft were worth $6,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of the business. Eagle Strategies LLC grew its stake in Microsoft by 0.9% in the 1st quarter. Eagle Strategies LLC now owns 15,333 shares of the software giant’s stock valued at $4,727,000 after purchasing an additional 131 shares during the period. Regentatlantic Capital LLC grew its stake in shares of Microsoft by 6.4% during the 1st quarter. Regentatlantic Capital LLC now owns 409,957 shares of the software giant’s stock worth $126,394,000 after acquiring an additional 24,716 shares during the period. Gables Capital Management Inc. grew its stake in shares of Microsoft by 2.0% during the 1st quarter. Gables Capital Management Inc. now owns 11,962 shares of the software giant’s stock worth $3,688,000 after acquiring an additional 235 shares during the period. Bell & Brown Wealth Advisors LLC grew its stake in shares of Microsoft by 1.9% during the 1st quarter. Bell & Brown Wealth Advisors LLC now owns 16,706 shares of the software giant’s stock worth $5,151,000 after acquiring an additional 308 shares during the period. Finally, Ocean Capital Management LLC grew its stake in shares of Microsoft by 4.3% during the 1st quarter. Ocean Capital Management LLC now owns 12,066 shares of the software giant’s stock worth $3,768,000 after acquiring an additional 500 shares during the period. Institutional investors own 69.99% of the company’s stock.
Microsoft Stock Down 0.7 %
Shares of NASDAQ:MSFT opened at $287.02 on Friday. The stock has a fifty day simple moving average of $263.64 and a two-hundred day simple moving average of $279.64. The stock has a market capitalization of $2.14 trillion, a price-to-earnings ratio of 29.77, a PEG ratio of 2.38 and a beta of 0.93. Microsoft Co. has a 12-month low of $241.51 and a 12-month high of $349.67. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28.
Microsoft (NASDAQ:MSFT – Get Rating) last announced its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.06). Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same period in the previous year, the firm posted $2.17 EPS. On average, research analysts anticipate that Microsoft Co. will post 10.14 earnings per share for the current fiscal year.
Microsoft Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Wednesday, August 17th. Microsoft’s payout ratio is 25.73%.
Analyst Ratings Changes
Several research analysts have recently weighed in on MSFT shares. William Blair reiterated an “outperform” rating on shares of Microsoft in a research note on Wednesday, April 27th. Rosenblatt Securities cut their target price on Microsoft from $349.00 to $330.00 and set a “buy” rating for the company in a research note on Tuesday, July 26th. The Goldman Sachs Group set a $365.00 price target on Microsoft in a report on Wednesday, April 27th. Evercore ISI decreased their price objective on Microsoft from $370.00 to $330.00 and set an “inline” rating on the stock in a report on Wednesday, April 27th. Finally, Wedbush decreased their price objective on Microsoft from $340.00 to $320.00 and set an “outperform” rating on the stock in a report on Wednesday, July 27th. One investment analyst has rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $335.72.
Microsoft Company Profile
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, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.
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