Microsoft Co. (NASDAQ:MSFT) Holdings Raised by WoodTrust Financial Corp

WoodTrust Financial Corp lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 4.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 55,250 shares of the software giant’s stock after acquiring an additional 2,292 shares during the period. Microsoft makes up approximately 3.7% of WoodTrust Financial Corp’s investment portfolio, making the stock its 7th largest holding. WoodTrust Financial Corp’s holdings in Microsoft were worth $15,576,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Intersect Capital LLC boosted its position in Microsoft by 0.3% in the third quarter. Intersect Capital LLC now owns 96,292 shares of the software giant’s stock valued at $27,147,000 after buying an additional 303 shares during the last quarter. PGGM Investments boosted its position in Microsoft by 9.0% in the 3rd quarter. PGGM Investments now owns 2,206,086 shares of the software giant’s stock worth $621,940,000 after purchasing an additional 182,243 shares in the last quarter. Scholtz & Company LLC boosted its position in Microsoft by 2.3% in the 2nd quarter. Scholtz & Company LLC now owns 102,251 shares of the software giant’s stock worth $27,700,000 after purchasing an additional 2,338 shares in the last quarter. Papp L Roy & Associates boosted its position in Microsoft by 9.8% in the 2nd quarter. Papp L Roy & Associates now owns 144,701 shares of the software giant’s stock worth $39,200,000 after purchasing an additional 12,871 shares in the last quarter. Finally, Bickling Financial Services Inc. boosted its position in Microsoft by 7.3% in the 2nd quarter. Bickling Financial Services Inc. now owns 7,114 shares of the software giant’s stock worth $1,927,000 after purchasing an additional 487 shares in the last quarter. Institutional investors and hedge funds own 69.01% of the company’s stock.

MSFT has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price objective on Microsoft from $310.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 27th. Piper Sandler upped their price objective on Microsoft from $310.00 to $352.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 27th. Deutsche Bank Aktiengesellschaft initiated coverage on Microsoft in a research report on Monday, November 1st. They issued a “buy” rating and a $390.00 price objective on the stock. The Goldman Sachs Group upped their target price on Microsoft from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, October 27th. Finally, Jefferies Financial Group upped their target price on Microsoft from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday, January 6th. They noted that the move was a valuation call. One analyst has rated the stock with a hold rating, thirty-three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Microsoft presently has a consensus rating of “Buy” and a consensus price target of $351.34.

In related news, CEO Satya Nadella sold 419,292 shares of the stock in a transaction dated Monday, November 22nd. The stock was sold at an average price of $344.61, for a total value of $144,492,216.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 55,000 shares of the stock in a transaction dated Monday, November 1st. The shares were sold at an average price of $328.60, for a total value of $18,073,000.00. The disclosure for this sale can be found here. Insiders sold 530,699 shares of company stock valued at $181,312,457 in the last three months. 0.05% of the stock is currently owned by company insiders.

Shares of NASDAQ MSFT opened at $310.20 on Friday. Microsoft Co. has a 1-year low of $212.03 and a 1-year high of $349.67. The business has a 50-day moving average of $330.98 and a 200-day moving average of $307.88. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.16 and a quick ratio of 2.12. The company has a market capitalization of $2.33 trillion, a price-to-earnings ratio of 34.70, a PEG ratio of 2.89 and a beta of 0.86.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Monday, October 25th. The software giant reported $2.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.08 by $0.19. Microsoft had a return on equity of 45.80% and a net margin of 38.51%. The company had revenue of $45.32 billion during the quarter, compared to the consensus estimate of $44 billion. During the same quarter in the prior year, the business earned $1.82 earnings per share. The company’s revenue was up 22.0% compared to the same quarter last year. Research analysts expect that Microsoft Co. will post 9.13 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 10th. Investors of record on Thursday, February 17th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Wednesday, February 16th. Microsoft’s dividend payout ratio is currently 27.74%.

Microsoft Company Profile

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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