Mosaic Family Wealth LLC Decreases Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

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Mosaic Family Wealth LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 13.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,687 shares of the software giant’s stock after selling 1,305 shares during the period. Microsoft makes up 0.6% of Mosaic Family Wealth LLC’s holdings, making the stock its 27th biggest holding. Mosaic Family Wealth LLC’s holdings in Microsoft were worth $1,370,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Arvest Bank Trust Division increased its position in Microsoft by 0.7% during the 4th quarter. Arvest Bank Trust Division now owns 8,556 shares of the software giant’s stock valued at $1,349,000 after purchasing an additional 62 shares during the period. Winthrop Advisory Group LLC increased its position in Microsoft by 0.5% during the 4th quarter. Winthrop Advisory Group LLC now owns 14,340 shares of the software giant’s stock valued at $2,261,000 after purchasing an additional 67 shares during the period. Colorado Capital Management Inc. increased its position in Microsoft by 2.2% during the 4th quarter. Colorado Capital Management Inc. now owns 3,163 shares of the software giant’s stock valued at $499,000 after purchasing an additional 67 shares during the period. Ocean Capital Management LLC increased its position in Microsoft by 0.8% during the 4th quarter. Ocean Capital Management LLC now owns 9,074 shares of the software giant’s stock valued at $1,779,000 after purchasing an additional 68 shares during the period. Finally, Moon Capital Management LLC increased its position in Microsoft by 3.5% during the 4th quarter. Moon Capital Management LLC now owns 2,155 shares of the software giant’s stock valued at $340,000 after purchasing an additional 72 shares during the period. 71.91% of the stock is currently owned by institutional investors.

Shares of Microsoft stock opened at $185.35 on Friday. The stock has a market cap of $1,409.78 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 2.53 and a beta of 1.15. The firm’s 50-day moving average is $167.51 and its 200 day moving average is $148.77. Microsoft Co. has a 1 year low of $106.29 and a 1 year high of $190.70. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.80 and a quick ratio of 2.77.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $1.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.19. The company had revenue of $36.91 billion for the quarter, compared to analysts’ expectations of $35.68 billion. Microsoft had a net margin of 33.02% and a return on equity of 40.41%. Microsoft’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.10 EPS. On average, equities analysts expect that Microsoft Co. will post 5.64 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 20th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, February 19th. Microsoft’s payout ratio is 42.95%.

A number of research analysts have issued reports on MSFT shares. Zacks Investment Research raised shares of Microsoft from a “hold” rating to a “buy” rating and set a $184.00 price objective on the stock in a research report on Friday, January 31st. Credit Suisse Group upped their target price on shares of Microsoft from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Jefferies Financial Group upped their target price on shares of Microsoft from $185.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. Piper Sandler upped their target price on shares of Microsoft from $190.00 to $199.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Finally, Nomura upped their target price on shares of Microsoft from $161.00 to $195.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Microsoft presently has an average rating of “Buy” and a consensus target price of $187.06.

In related news, EVP Jean Philippe Courtois sold 18,000 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $179.55, for a total value of $3,231,900.00. Following the transaction, the executive vice president now owns 582,510 shares in the company, valued at approximately $104,589,670.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Margaret L. Johnson sold 35,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $150.01, for a total transaction of $5,250,350.00. Following the completion of the transaction, the executive vice president now owns 62,423 shares in the company, valued at approximately $9,364,074.23. The disclosure for this sale can be found here. Insiders own 1.39% of the company’s stock.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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