TRH Financial LLC Buys New Stake in Microsoft Co. (NASDAQ:MSFT)

TRH Financial LLC bought a new stake in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, Holdings Channel.com reports. The fund bought 7,588 shares of the software giant’s stock, valued at approximately $1,196,000. Microsoft makes up about 1.0% of TRH Financial LLC’s portfolio, making the stock its 27th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSFT. Vanguard Group Inc. grew its position in Microsoft by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 613,005,516 shares of the software giant’s stock worth $82,118,218,000 after purchasing an additional 7,724,483 shares during the last quarter. Nuveen Asset Management LLC grew its position in Microsoft by 2,651.8% during the 2nd quarter. Nuveen Asset Management LLC now owns 67,353,275 shares of the software giant’s stock worth $9,022,645,000 after purchasing an additional 64,905,685 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Microsoft by 2.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 32,812,008 shares of the software giant’s stock worth $4,561,852,000 after purchasing an additional 746,243 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its position in Microsoft by 1.7% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 29,247,767 shares of the software giant’s stock worth $4,066,317,000 after purchasing an additional 495,737 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its position in Microsoft by 1.1% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 23,906,968 shares of the software giant’s stock worth $3,323,786,000 after purchasing an additional 267,643 shares during the last quarter. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ MSFT opened at $166.72 on Friday. The company has a quick ratio of 2.81, a current ratio of 2.85 and a debt-to-equity ratio of 0.69. Microsoft Co. has a 52 week low of $102.17 and a 52 week high of $168.19. The firm has a 50-day moving average price of $158.58 and a 200 day moving average price of $144.83. The stock has a market capitalization of $1,271.88 billion, a price-to-earnings ratio of 31.40, a price-to-earnings-growth ratio of 2.60 and a beta of 1.23.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, October 23rd. The software giant reported $1.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.14. Microsoft had a net margin of 31.66% and a return on equity of 39.14%. The firm had revenue of $33.06 billion during the quarter, compared to analysts’ expectations of $32.24 billion. During the same quarter last year, the business earned $1.14 earnings per share. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. Equities research analysts expect that Microsoft Co. will post 5.36 EPS for the current fiscal year.

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Wednesday, February 19th. Microsoft’s dividend payout ratio (DPR) is 42.95%.

MSFT has been the topic of several analyst reports. Zacks Investment Research raised shares of Microsoft from a “hold” rating to a “buy” rating and set a $147.00 target price on the stock in a report on Friday, October 25th. Raymond James lifted their target price on shares of Microsoft from to and gave the company a “buy” rating in a report on Wednesday. DZ Bank reaffirmed a “buy” rating on shares of Microsoft in a report on Monday, January 6th. Evercore ISI reaffirmed a “buy” rating and issued a $170.00 target price on shares of Microsoft in a report on Monday, December 16th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a report on Monday, December 23rd. One investment analyst has rated the stock with a hold rating, thirty-three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Microsoft has a consensus rating of “Buy” and an average target price of $168.80.

In related news, EVP Jean Philippe Courtois sold 11,345 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $145.06, for a total value of $1,645,705.70. Following the completion of the sale, the executive vice president now owns 611,855 shares in the company, valued at $88,755,686.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Christopher C. Capossela sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $142.89, for a total transaction of $357,225.00. Following the completion of the sale, the chief marketing officer now owns 133,944 shares of the company’s stock, valued at approximately $19,139,258.16. The disclosure for this sale can be found here. Insiders sold 53,845 shares of company stock valued at $7,974,356 in the last quarter. Company insiders own 1.39% of the company’s stock.

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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