Microsoft Co. (MSFT) Position Lifted by Cohen & Steers Inc.

Cohen & Steers Inc. increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 320,604 shares of the software giant’s stock after acquiring an additional 4,178 shares during the quarter. Cohen & Steers Inc.’s holdings in Microsoft were worth $36,667,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Peak Capital Management LLC acquired a new stake in Microsoft during the second quarter valued at approximately $107,000. Woodard & Co. Asset Management Group Inc. ADV raised its stake in Microsoft by 90.5% during the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 1,048 shares of the software giant’s stock valued at $119,000 after buying an additional 498 shares in the last quarter. Quattro Financial Advisors LLC acquired a new stake in Microsoft during the third quarter valued at approximately $132,000. LFA Lugano Financial Advisors SA acquired a new stake in Microsoft during the second quarter valued at approximately $139,000. Finally, O Brien Wealth Partners LLC raised its stake in Microsoft by 456.8% during the third quarter. O Brien Wealth Partners LLC now owns 1,726 shares of the software giant’s stock valued at $197,000 after buying an additional 1,416 shares in the last quarter. Institutional investors and hedge funds own 72.12% of the company’s stock.

Shares of MSFT stock opened at $114.59 on Friday. Microsoft Co. has a 12-month low of $87.08 and a 12-month high of $116.18. The company has a market capitalization of $881.63 billion, a P/E ratio of 29.53, a price-to-earnings-growth ratio of 2.09 and a beta of 1.21. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.12 and a quick ratio of 3.08.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 30th. The software giant reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.01. Microsoft had a return on equity of 39.52% and a net margin of 28.31%. The business had revenue of $32.47 billion during the quarter, compared to analyst estimates of $32.53 billion. During the same period in the prior year, the company posted $0.96 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. Equities research analysts forecast that Microsoft Co. will post 4.41 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 15th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is 47.42%.

Several analysts have issued reports on MSFT shares. Oppenheimer set a $127.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Monday, November 19th. Credit Suisse Group set a $125.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Sunday, December 23rd. ValuEngine cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Sanford C. Bernstein set a $137.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Thursday, January 31st. Finally, Jefferies Financial Group restated a “sell” rating and set a $75.00 price objective on shares of Microsoft in a research note on Monday, November 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirty-one have assigned a buy rating and two have assigned a strong buy rating to the company. Microsoft presently has an average rating of “Buy” and a consensus target price of $122.51.

In other Microsoft news, CEO Satya Nadella sold 267,466 shares of the stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $106.01, for a total transaction of $28,354,070.66. Following the completion of the transaction, the chief executive officer now directly owns 1,746,854 shares of the company’s stock, valued at approximately $185,183,992.54. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher C. Capossela sold 10,500 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $111.48, for a total value of $1,170,540.00. Following the transaction, the executive vice president now directly owns 156,866 shares of the company’s stock, valued at $17,487,421.68. The disclosure for this sale can be found here. Insiders sold a total of 333,667 shares of company stock valued at $35,657,016 over the last three months. Corporate insiders own 1.38% of the company’s stock.

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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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