Bordeaux Wealth Advisors LLC lifted its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 5.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,428 shares of the software giant’s stock after purchasing an additional 1,018 shares during the period. Microsoft accounts for approximately 3.2% of Bordeaux Wealth Advisors LLC’s portfolio, making the stock its 10th biggest holding. Bordeaux Wealth Advisors LLC’s holdings in Microsoft were worth $5,990,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the business. Wealth Enhancement & Preservation of GA LLC raised its stake in shares of Microsoft by 0.7% during the fourth quarter. Wealth Enhancement & Preservation of GA LLC now owns 4,995 shares of the software giant’s stock worth $1,680,000 after buying an additional 34 shares during the last quarter. KB Financial Partners LLC boosted its position in shares of 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 during the last quarter. Valtinson Bruner Financial Planning LLC grew its stake 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 increased its holdings in 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 purchasing an additional 37 shares during the last quarter. Finally, Virginia Wealth Management Group Inc. lifted its stake in 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. Institutional investors and hedge funds own 69.99% of the company’s stock.
Microsoft Trading Down 0.3 %
MSFT stock opened at $292.71 on Wednesday. Microsoft Co. has a 52 week low of $241.51 and a 52 week high of $349.67. The company has a market capitalization of $2.18 trillion, a PE ratio of 30.36, a price-to-earnings-growth ratio of 2.46 and a beta of 0.93. The company’s 50-day simple moving average is $265.23 and its 200 day simple moving average is $279.56. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78.
Microsoft (NASDAQ:MSFT – Get Rating) last announced its earnings results on Tuesday, July 26th. The software giant reported $2.23 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same quarter in the prior year, the firm earned $2.17 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 10.14 earnings per share for the current year.
Microsoft Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be given a dividend of $0.62 per share. The ex-dividend date is Wednesday, August 17th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 0.85%. Microsoft’s payout ratio is 25.73%.
Analyst Ratings Changes
A number of analysts have recently commented on MSFT shares. Stifel Nicolaus lowered their price target on Microsoft from $320.00 to $300.00 and set a “buy” rating for the company in a research note on Wednesday, July 27th. Itau BBA Securities began coverage on shares of Microsoft in a report on Tuesday, July 26th. They issued an “outperform” rating and a $287.00 target price on the stock. Wolfe Research lowered 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. Evercore ISI reduced their target price on Microsoft from $370.00 to $330.00 and set an “inline” rating on the stock in a report on Wednesday, April 27th. Finally, Cowen dropped their price target on Microsoft from $330.00 to $320.00 and set an “outperform” rating on the stock in a research report on Friday, July 22nd. Two research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $334.31.
Microsoft 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.
Further Reading
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