Microsoft Corporation $MSFT Shares Bought by Danske Bank A S

Danske Bank A S grew its stake in Microsoft Corporation (NASDAQ:MSFTFree Report) by 5.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,303,320 shares of the software giant’s stock after buying an additional 284,291 shares during the quarter. Microsoft accounts for 6.0% of Danske Bank A S’s holdings, making the stock its 3rd biggest position. Danske Bank A S’s holdings in Microsoft were worth $2,564,792,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC boosted its holdings in shares of Microsoft by 51.3% in the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock valued at $29,000 after buying an additional 20 shares during the period. Bayforest Capital Ltd bought a new stake in shares of Microsoft in the third quarter worth $38,000. Fairway Wealth LLC lifted its position in shares of Microsoft by 287.0% in the fourth quarter. Fairway Wealth LLC now owns 89 shares of the software giant’s stock worth $43,000 after purchasing an additional 66 shares in the last quarter. LSV Asset Management bought a new stake in shares of Microsoft in the fourth quarter worth $44,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Microsoft in the third quarter worth $49,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Ratings Changes

MSFT has been the topic of a number of research reports. Arete Research boosted their price objective on shares of Microsoft from $730.00 to $870.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. The Goldman Sachs Group reissued a “buy” rating on shares of Microsoft in a research report on Thursday, April 30th. Robert W. Baird cut their price objective on shares of Microsoft from $540.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 15th. Truist Financial cut their price objective on shares of Microsoft from $675.00 to $575.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Finally, William Blair reissued an “outperform” rating on shares of Microsoft in a research report on Monday, March 9th. Thirty-nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $560.88.

Read Our Latest Report on Microsoft

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 12,321 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the sale, the executive vice president directly owned 137,933 shares of the company’s stock, valued at approximately $56,486,322.16. This represents a 8.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Amy Coleman sold 1,262 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total transaction of $519,111.08. Following the sale, the executive vice president directly owned 46,003 shares in the company, valued at $18,922,874.02. This trade represents a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $426.99 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average price is $400.93 and its two-hundred day moving average price is $434.51. Microsoft Corporation has a 1 year low of $356.28 and a 1 year high of $555.45. The firm has a market capitalization of $3.17 trillion, a P/E ratio of 25.42, a price-to-earnings-growth ratio of 1.49 and a beta of 1.10.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.06 by $0.21. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The firm had revenue of $82.89 billion for the quarter, compared to analyst estimates of $81.44 billion. During the same period in the prior year, the firm posted $3.46 earnings per share. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. As a group, research analysts anticipate that Microsoft Corporation will post 16.76 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 21st. Microsoft’s dividend payout ratio is 21.67%.

Microsoft Company Profile

(Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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