Microsoft Co. (NASDAQ:MSFT) Holdings Trimmed by Stonehage Fleming Financial Services Holdings Ltd

Stonehage Fleming Financial Services Holdings Ltd trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 9.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 807,303 shares of the software giant’s stock after selling 87,151 shares during the period. Microsoft makes up about 6.1% of Stonehage Fleming Financial Services Holdings Ltd’s holdings, making the stock its 3rd biggest position. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Microsoft were worth $179,518,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MSFT. UBS Asset Management Americas Inc. grew its position in Microsoft by 33.0% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 53,535,518 shares of the software giant’s stock valued at $11,260,125,000 after buying an additional 13,273,020 shares during the last quarter. Morgan Stanley lifted its holdings in Microsoft by 14.7% in the fourth quarter. Morgan Stanley now owns 69,099,798 shares of the software giant’s stock valued at $15,369,178,000 after acquiring an additional 8,865,366 shares during the period. Itau Unibanco Holding S.A. lifted its holdings in Microsoft by 5,330.8% in the fourth quarter. Itau Unibanco Holding S.A. now owns 5,357,196 shares of the software giant’s stock valued at $18,791,000 after acquiring an additional 5,258,551 shares during the period. Nuveen Asset Management LLC lifted its holdings in Microsoft by 7.4% in the fourth quarter. Nuveen Asset Management LLC now owns 60,306,979 shares of the software giant’s stock valued at $13,413,478,000 after acquiring an additional 4,140,017 shares during the period. Finally, Viking Global Investors LP lifted its holdings in Microsoft by 43.4% in the fourth quarter. Viking Global Investors LP now owns 11,838,092 shares of the software giant’s stock valued at $2,633,028,000 after acquiring an additional 3,581,072 shares during the period. Hedge funds and other institutional investors own 69.01% of the company’s stock.

Shares of NASDAQ:MSFT opened at $249.90 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.49 and a current ratio of 2.53. Microsoft Co. has a 1 year low of $162.30 and a 1 year high of $250.93. The stock has a market capitalization of $1.88 trillion, a P/E ratio of 40.37, a PEG ratio of 2.44 and a beta of 0.83. The stock has a 50-day simple moving average of $235.85 and a 200-day simple moving average of $222.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Monday, January 25th. The software giant reported $2.03 EPS for the quarter, topping the consensus estimate of $1.64 by $0.39. The firm had revenue of $43.08 billion for the quarter, compared to analyst estimates of $40.23 billion. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. Microsoft’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.51 EPS. Analysts predict that Microsoft Co. will post 6.73 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Thursday, May 20th will be given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Wednesday, May 19th. Microsoft’s payout ratio is 38.89%.

A number of research firms have commented on MSFT. Credit Suisse Group began coverage on Microsoft in a report on Monday. They issued an “outperform” rating and a $265.00 target price for the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised Microsoft from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $229.00 to $272.00 in a research note on Monday, December 21st. Evercore ISI lifted their price target on Microsoft from $260.00 to $300.00 in a research note on Wednesday, January 27th. Bank of America lifted their price target on Microsoft from $256.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, January 27th. Finally, Raymond James lifted their price target on Microsoft from $235.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, January 27th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and three have given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $268.28.

In other Microsoft news, Director Emma N. Walmsley bought 4,300 shares of the business’s stock in a transaction on Wednesday, March 10th. The shares were bought at an average cost of $236.80 per share, with a total value of $1,018,240.00. Following the transaction, the director now directly owns 5,026 shares in the company, valued at approximately $1,190,156.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jean Philippe Courtois sold 18,358 shares of the company’s stock in a transaction that occurred on Thursday, January 28th. The shares were sold at an average price of $239.60, for a total value of $4,398,576.80. Following the completion of the transaction, the executive vice president now directly owns 593,915 shares in the company, valued at $142,302,034. The disclosure for this sale can be found here. Corporate insiders own 0.05% of the company’s stock.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.

Further Reading: Basic Economics

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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