Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by HM Capital Management LLC

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HM Capital Management LLC boosted its position in Microsoft Co. (NASDAQ:MSFT) by 9.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,456 shares of the software giant’s stock after purchasing an additional 1,878 shares during the period. Microsoft comprises 1.8% of HM Capital Management LLC’s portfolio, making the stock its 9th biggest holding. HM Capital Management LLC’s holdings in Microsoft were worth $2,874,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Quantamental Technologies LLC purchased a new position in Microsoft in the fourth quarter worth about $26,000. Ayalon Holdings Ltd. purchased a new position in Microsoft in the fourth quarter worth about $41,000. Avondale Wealth Management boosted its position in Microsoft by 50.5% in the fourth quarter. Avondale Wealth Management now owns 557 shares of the software giant’s stock worth $57,000 after purchasing an additional 187 shares during the last quarter. Asset Planning Services Ltd. purchased a new position in Microsoft in the second quarter worth about $116,000. Finally, Semmax Financial Advisors Inc. bought a new position in shares of Microsoft in the fourth quarter worth about $117,000. 72.38% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have recently commented on the company. CIBC raised their price objective on Microsoft from $145.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Wedbush reaffirmed an “outperform” rating and issued a $155.00 price objective on shares of Microsoft in a research note on Thursday, June 13th. Goldman Sachs Group set a $151.00 price objective on Microsoft and gave the stock a “buy” rating in a research note on Friday, July 19th. DZ Bank reaffirmed a “buy” rating on shares of Microsoft in a research note on Friday, July 19th. Finally, Jefferies Financial Group set a $93.00 price objective on Microsoft and gave the stock a “sell” rating in a research note on Friday, July 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have assigned a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $149.21.

In related news, insider Frank H. Brod sold 4,000 shares of Microsoft stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $141.05, for a total transaction of $564,200.00. Following the sale, the insider now owns 64,152 shares of the company’s stock, valued at approximately $9,048,639.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 15,947 shares of Microsoft stock in a transaction that occurred 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 sale, the executive vice president now directly owns 202,518 shares in the company, valued at approximately $26,969,322.06. The disclosure for this sale can be found here. Insiders have sold a total of 26,819 shares of company stock worth $3,636,400 in the last three months. 1.38% of the stock is owned by corporate insiders.

Shares of MSFT opened at $138.60 on Wednesday. The company’s 50 day simple moving average is $137.27. The company has a market cap of $1,051.47 billion, a P/E ratio of 29.18, a PEG ratio of 2.39 and a beta of 1.23. Microsoft Co. has a 12-month low of $93.96 and a 12-month high of $141.68. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.53 and a quick ratio of 2.50.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, July 18th. The software giant reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.16. The company had revenue of $33.72 billion for the quarter, compared to the consensus estimate of $32.80 billion. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the company earned $1.13 EPS. On average, equities research analysts predict that Microsoft Co. will post 5.22 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Wednesday, August 14th. Microsoft’s dividend payout ratio (DPR) is presently 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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