Claybrook Capital LLC lifted its position in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 9.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,580 shares of the software giant’s stock after acquiring an additional 1,075 shares during the quarter. Microsoft accounts for approximately 1.9% of Claybrook Capital LLC’s holdings, making the stock its 9th largest position. Claybrook Capital LLC’s holdings in Microsoft were worth $3,879,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in MSFT. KB Financial Partners LLC raised its stake in Microsoft by 0.5% in the 4th quarter. KB Financial Partners LLC now owns 7,148 shares of the software giant’s stock worth $2,404,000 after purchasing an additional 35 shares in the last quarter. Valtinson Bruner Financial Planning LLC increased its holdings in shares of Microsoft by 0.9% during the first quarter. Valtinson Bruner Financial Planning LLC now owns 4,238 shares of the software giant’s stock worth $1,186,000 after purchasing an additional 37 shares during the period. Strategic Asset Management LLC raised its position in shares of Microsoft by 5.9% in the first quarter. Strategic Asset Management LLC now owns 659 shares of the software giant’s stock valued at $203,000 after buying an additional 37 shares in the last quarter. Virginia Wealth Management Group Inc. boosted its stake in shares of Microsoft by 0.3% in the first quarter. Virginia Wealth Management Group Inc. now owns 12,676 shares of the software giant’s stock valued at $3,830,000 after buying an additional 37 shares during the period. Finally, Northwest Wealth Management LLC boosted its stake in shares of Microsoft by 0.8% in the first quarter. Northwest Wealth Management LLC now owns 4,536 shares of the software giant’s stock valued at $1,399,000 after buying an additional 37 shares during the period. 69.29% of the stock is currently owned by institutional investors.
Microsoft Trading Down 0.6 %
Shares of Microsoft stock opened at $261.47 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78. The stock has a market capitalization of $1.95 trillion, a P/E ratio of 27.12, a P/E/G ratio of 2.23 and a beta of 0.93. Microsoft Co. has a 52-week low of $241.51 and a 52-week high of $349.67. The stock’s 50-day simple moving average is $270.44 and its 200 day simple moving average is $277.26.
Microsoft (NASDAQ:MSFT – Get Rating) last released its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share 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 quarter in the previous year, the business earned $2.17 earnings per share. As a group, research analysts anticipate that Microsoft Co. will post 10.14 EPS for the current year.
Microsoft Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Wednesday, August 17th. Microsoft’s payout ratio is presently 25.73%.
Wall Street Analysts Forecast Growth
MSFT has been the subject of several analyst reports. Jefferies Financial Group dropped their price objective on Microsoft from $325.00 to $320.00 in a report on Monday, June 13th. Wolfe Research cut their price objective on shares of Microsoft from $320.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, July 29th. Wells Fargo & Company decreased their target price on shares of Microsoft from $400.00 to $350.00 and set an “overweight” rating on the stock in a report on Monday, July 25th. Redburn Partners began coverage on shares of Microsoft in a report on Wednesday, June 29th. They set a “buy” rating and a $370.00 price target for the company. Finally, Citigroup decreased their price objective on shares of Microsoft from $330.00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday, July 27th. Two investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus target price of $334.31.
Microsoft Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; 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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