Microsoft Co. (NASDAQ:MSFT) Shares Sold by Shufro Rose & Co. LLC

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Shufro Rose & Co. LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 0.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 116,395 shares of the software giant’s stock after selling 108 shares during the quarter. Microsoft comprises about 1.5% of Shufro Rose & Co. LLC’s holdings, making the stock its 23rd largest holding. Shufro Rose & Co. LLC’s holdings in Microsoft were worth $15,592,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of MSFT. Lunia Capital LP increased its holdings in shares of Microsoft by 9,650.2% in the fourth quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after purchasing an additional 16,861,809 shares during the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of Microsoft by 13,479.6% in the second quarter. Thoroughbred Financial Services LLC now owns 8,726,283 shares of the software giant’s stock valued at $872,628,000 after purchasing an additional 8,662,023 shares during the last quarter. Actiam N.V. acquired a new stake in shares of Microsoft in the fourth quarter valued at approximately $117,106,000. Mn Services Vermogensbeheer B.V. increased its holdings in shares of Microsoft by 74.3% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 2,035,128 shares of the software giant’s stock valued at $180,823,000 after purchasing an additional 867,711 shares during the last quarter. Finally, Fisher Asset Management LLC increased its holdings in shares of Microsoft by 3.6% in the fourth quarter. Fisher Asset Management LLC now owns 19,441,789 shares of the software giant’s stock valued at $1,974,703,000 after purchasing an additional 672,487 shares during the last quarter. 72.38% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently commented on MSFT. Credit Suisse Group reaffirmed a “buy” rating and issued a $155.00 price target on shares of Microsoft in a report on Monday, August 5th. DZ Bank reissued a “buy” rating on shares of Microsoft in a research note on Friday, July 19th. Cowen started coverage on Microsoft in a research note on Thursday, July 11th. They set an “outperform” rating and a $150.00 target price for the company. Canaccord Genuity raised their target price on Microsoft from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Finally, Deutsche Bank set a $155.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the company’s stock. Microsoft presently has a consensus rating of “Buy” and an average target price of $149.21.

In related news, CMO Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $138.00, for a total value of $483,000.00. Following the completion of the transaction, the chief marketing officer now directly owns 129,817 shares in the company, valued at $17,914,746. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 15,947 shares of Microsoft stock in a transaction on Monday, June 10th. The shares were sold at an average price of $133.17, for a total value of $2,123,661.99. Following the completion of the transaction, the executive vice president now owns 202,518 shares of the company’s stock, valued at $26,969,322.06. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,819 shares of company stock valued at $3,636,400. Company insiders own 1.38% of the company’s stock.

MSFT opened at $138.60 on Wednesday. Microsoft Co. has a 52 week low of $93.96 and a 52 week high of $141.68. The stock’s fifty day moving average price is $137.27. The stock has a market capitalization of $1,051.47 billion, a price-to-earnings ratio of 29.18, a P/E/G ratio of 2.39 and a beta of 1.23. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.50 and a current ratio of 2.53.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 EPS for the quarter, topping the consensus estimate of $1.21 by $0.16. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The business had revenue of $33.72 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same period last year, the business posted $1.13 earnings per share. The company’s quarterly revenue was up 12.1% on a year-over-year basis. Research analysts expect that Microsoft Co. will post 5.22 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $1.84 annualized dividend and a dividend yield of 1.33%. Microsoft’s dividend payout ratio is currently 38.74%.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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