Hartwell J M Limited Partnership Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

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Hartwell J M Limited Partnership boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 412,003 shares of the software giant’s stock after acquiring an additional 5,294 shares during the quarter. Microsoft accounts for 10.2% of Hartwell J M Limited Partnership’s portfolio, making the stock its 3rd largest position. Hartwell J M Limited Partnership’s holdings in Microsoft were worth $55,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSFT. Lunia Capital LP lifted its position in Microsoft by 9,650.2% in the 4th quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after acquiring an additional 16,861,809 shares in the last quarter. Thoroughbred Financial Services LLC increased its stake in Microsoft by 13,479.6% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 8,726,283 shares of the software giant’s stock valued at $872,628,000 after buying an additional 8,662,023 shares during the last quarter. Actiam N.V. acquired a new stake in Microsoft in the 4th quarter valued at $117,106,000. Mn Services Vermogensbeheer B.V. increased its stake in Microsoft by 74.3% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 2,035,128 shares of the software giant’s stock valued at $180,823,000 after buying an additional 867,711 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in Microsoft by 3.9% in the 2nd quarter. Fisher Asset Management LLC now owns 20,822,243 shares of the software giant’s stock valued at $2,789,348,000 after buying an additional 778,351 shares during the last quarter. 72.49% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider Frank H. Brod sold 4,000 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $141.05, for a total transaction of $564,200.00. Following the transaction, the insider now directly owns 64,152 shares in the company, valued at approximately $9,048,639.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Christopher C. Capossela sold 3,372 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $138.06, for a total transaction of $465,538.32. Following the transaction, the chief marketing officer now owns 136,623 shares in the company, valued at $18,862,171.38. The disclosure for this sale can be found here. Insiders have sold a total of 33,819 shares of company stock worth $4,603,450 over the last 90 days. 1.38% of the stock is owned by company insiders.

MSFT has been the topic of several recent research reports. UBS Group set a $162.00 price target on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, July 19th. Citigroup lifted their price target on shares of Microsoft from $147.00 to $152.00 and gave the company a “neutral” rating in a research note on Friday, July 19th. Mizuho set a $152.00 price target on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, July 19th. DZ Bank reiterated a “buy” rating on shares of Microsoft in a research note on Friday, July 19th. Finally, Goldman Sachs Group set a $151.00 price target on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-eight have given a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $149.21.

Microsoft stock opened at $135.56 on Thursday. The firm has a market capitalization of $1,034.22 billion, a PE ratio of 28.54, a P/E/G ratio of 2.36 and a beta of 1.23. The company’s 50-day moving average is $137.28 and its 200-day moving average is $126.40. Microsoft Co. has a fifty-two week low of $93.96 and a fifty-two week 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 released its quarterly earnings data on Thursday, July 18th. The software giant reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.16. The company had revenue of $33.72 billion for the quarter, compared to analyst estimates of $32.80 billion. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. Microsoft’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.13 EPS. As a group, analysts expect that Microsoft Co. will post 5.22 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.46 per share. The ex-dividend date is Wednesday, August 14th. This represents a $1.84 annualized dividend and a dividend yield of 1.36%. Microsoft’s dividend payout ratio is presently 38.74%.

About Microsoft

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.

See Also: What is meant by holder of record?

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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