Capital Impact Advisors LLC Has $5.06 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Capital Impact Advisors LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT) by 10.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,059 shares of the software giant’s stock after selling 3,663 shares during the period. Microsoft comprises about 2.1% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Capital Impact Advisors LLC’s holdings in Microsoft were worth $5,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of MSFT. Norges Bank acquired a new position in shares of Microsoft during the fourth quarter valued at about $12,315,435,000. Private Advisor Group LLC increased its stake in Microsoft by 100.9% during the fourth quarter. Private Advisor Group LLC now owns 442,643 shares of the software giant’s stock valued at $69,805,000 after acquiring an additional 47,658,854 shares during the period. Geode Capital Management LLC raised its holdings in Microsoft by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 113,401,519 shares of the software giant’s stock valued at $17,849,067,000 after acquiring an additional 5,771,223 shares in the last quarter. Swiss National Bank lifted its position in shares of Microsoft by 22.9% in the 1st quarter. Swiss National Bank now owns 28,404,917 shares of the software giant’s stock worth $4,479,739,000 after acquiring an additional 5,287,700 shares during the period. Finally, Amundi Pioneer Asset Management Inc. lifted its position in shares of Microsoft by 21.3% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 21,889,017 shares of the software giant’s stock worth $3,451,565,000 after acquiring an additional 3,836,507 shares during the period. Institutional investors own 70.71% of the company’s stock.

In other Microsoft news, CAO Frank H. Brod sold 3,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $176.94, for a total transaction of $530,820.00. Following the completion of the sale, the chief accounting officer now directly owns 57,136 shares of the company’s stock, valued at approximately $10,109,643.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Friday, May 1st. The shares were sold at an average price of $176.08, for a total transaction of $6,162,800.00. Following the transaction, the executive vice president now owns 50,023 shares in the company, valued at $8,808,049.84. The disclosure for this sale can be found here. Insiders have sold 38,049 shares of company stock worth $6,702,736 in the last ninety days. 1.39% of the stock is currently owned by insiders.

A number of research analysts recently commented on MSFT shares. Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $195.00 target price for the company in a research note on Wednesday, May 20th. Summit Insights initiated coverage on shares of Microsoft in a research note on Wednesday, May 27th. They issued a “buy” rating and a $220.00 price objective for the company. UBS Group lifted their target price on shares of Microsoft from $200.00 to $207.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Wedbush reissued a “buy” rating and issued a $220.00 price target on shares of Microsoft in a research report on Friday. Finally, Citigroup started coverage on Microsoft in a report on Friday, May 15th. They set a “hold” rating on the stock. Two analysts have rated the stock with a hold rating and thirty-seven have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $196.63.

Shares of MSFT stock opened at $198.44 on Tuesday. Microsoft Co. has a 1 year low of $130.78 and a 1 year high of $203.95. The company has a current ratio of 2.90, a quick ratio of 2.88 and a debt-to-equity ratio of 0.61. The firm’s 50 day moving average is $188.00 and its 200-day moving average is $170.85. The firm has a market capitalization of $1,495.68 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 2.47 and a beta of 0.94.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, April 29th. The software giant reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.13. The firm had revenue of $35.02 billion during the quarter, compared to analysts’ expectations of $33.70 billion. Microsoft had a net margin of 33.36% and a return on equity of 40.37%. Microsoft’s revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.14 EPS. On average, equities research analysts forecast that Microsoft Co. will post 5.71 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Wednesday, August 19th. Microsoft’s dividend payout ratio (DPR) is presently 42.95%.

Microsoft 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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