Microsoft Co. (NASDAQ:MSFT) Shares Purchased by RiverGlades Family Offices LLC

RiverGlades Family Offices LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 20.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,405 shares of the software giant’s stock after acquiring an additional 405 shares during the quarter. RiverGlades Family Offices LLC’s holdings in Microsoft were worth $379,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Magellan Asset Management Ltd lifted its stake in Microsoft by 2.8% during the fourth quarter. Magellan Asset Management Ltd now owns 21,994,272 shares of the software giant’s stock worth $3,468,497,000 after purchasing an additional 600,041 shares during the last quarter. Alesco Advisors LLC raised its holdings in shares of Microsoft by 42.1% during the fourth quarter. Alesco Advisors LLC now owns 16,925 shares of the software giant’s stock worth $2,669,000 after purchasing an additional 5,018 shares during the period. GQG Partners LLC raised its holdings in shares of Microsoft by 21.3% during the fourth quarter. GQG Partners LLC now owns 5,012,814 shares of the software giant’s stock worth $790,859,000 after purchasing an additional 879,345 shares during the period. Coastal Bridge Advisors LLC lifted its position in shares of Microsoft by 19.4% in the 4th quarter. Coastal Bridge Advisors LLC now owns 8,889 shares of the software giant’s stock worth $1,402,000 after buying an additional 1,447 shares during the last quarter. Finally, Private Asset Management Inc. boosted its holdings in shares of Microsoft by 0.3% in the 1st quarter. Private Asset Management Inc. now owns 105,825 shares of the software giant’s stock valued at $16,690,000 after buying an additional 275 shares during the period. Institutional investors and hedge funds own 70.71% of the company’s stock.

A number of equities analysts have issued reports on MSFT shares. Citigroup assumed coverage on shares of Microsoft in a report on Friday, May 15th. They issued a “hold” rating on the stock. Raymond James reissued a “buy” rating and issued a $208.00 price target on shares of Microsoft in a report on Thursday, April 30th. Argus boosted their price objective on Microsoft from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Summit Insights initiated coverage on Microsoft in a research report on Wednesday, May 27th. They issued a “buy” rating and a $220.00 target price on the stock. Finally, Macquarie reissued a “buy” rating and set a $200.00 price target on shares of Microsoft in a report on Thursday, April 30th. Two research analysts have rated the stock with a hold rating and thirty-seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $196.63.

In other news, EVP Margaret L. Johnson sold 35,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $176.08, for a total transaction of $6,162,800.00. Following the completion of the sale, the executive vice president now owns 50,023 shares in the company, valued at approximately $8,808,049.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Frank H. Brod sold 3,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $176.94, for a total value of $530,820.00. Following the sale, the chief accounting officer now directly owns 57,136 shares of the company’s stock, valued at $10,109,643.84. The disclosure for this sale can be found here. Insiders have sold 38,049 shares of company stock valued at $6,702,736 over the last 90 days. 1.39% of the stock is currently owned by insiders.

NASDAQ:MSFT opened at $198.44 on Tuesday. The company has a quick ratio of 2.88, a current ratio of 2.90 and a debt-to-equity ratio of 0.61. The business’s 50-day moving average price is $188.00 and its 200 day moving average price is $170.85. Microsoft Co. has a 52-week low of $130.78 and a 52-week high of $203.95. The firm has a market cap of $1,495.68 billion, a P/E 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, beating the Thomson Reuters’ consensus estimate of $1.27 by $0.13. The company had revenue of $35.02 billion during the quarter, compared to analyst estimates of $33.70 billion. Microsoft had a net margin of 33.36% and a return on equity of 40.37%. The business’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.14 EPS. Sell-side analysts expect that Microsoft Co. will post 5.71 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Wednesday, August 19th. Microsoft’s payout ratio is 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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