Microsoft Co. (MSFT) Stake Lifted by RPG Investment Advisory LLC

RPG Investment Advisory LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 67.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,099 shares of the software giant’s stock after buying an additional 2,050 shares during the period. RPG Investment Advisory LLC’s holdings in Microsoft were worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in MSFT. Osterweis Capital Management Inc. increased its stake in shares of Microsoft by 40.2% in the 1st quarter. Osterweis Capital Management Inc. now owns 427,300 shares of the software giant’s stock worth $39,000,000 after acquiring an additional 122,615 shares during the last quarter. Skye Global Management LP increased its stake in shares of Microsoft by 174.8% in the 1st quarter. Skye Global Management LP now owns 1,998,900 shares of the software giant’s stock worth $182,440,000 after acquiring an additional 1,271,400 shares during the last quarter. Middleton & Co Inc MA increased its stake in shares of Microsoft by 1.5% in the 2nd quarter. Middleton & Co Inc MA now owns 55,349 shares of the software giant’s stock worth $5,457,000 after acquiring an additional 838 shares during the last quarter. FCG Advisors LLC increased its stake in shares of Microsoft by 19.6% in the 1st quarter. FCG Advisors LLC now owns 25,098 shares of the software giant’s stock worth $2,291,000 after acquiring an additional 4,111 shares during the last quarter. Finally, Summit Trail Advisors LLC increased its stake in shares of Microsoft by 5,931.9% in the 1st quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock worth $4,562,000 after acquiring an additional 4,486,569 shares during the last quarter. Hedge funds and other institutional investors own 71.90% of the company’s stock.

Shares of Microsoft stock opened at $110.89 on Monday. Microsoft Co. has a 12 month low of $80.70 and a 12 month high of $116.18. The stock has a market cap of $853.83 billion, a P/E ratio of 28.58, a PEG ratio of 2.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.85.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.18. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The company had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. During the same period last year, the business posted $0.84 EPS. Microsoft’s revenue for the quarter was up 18.5% on a year-over-year basis. As a group, equities analysts expect that Microsoft Co. will post 4.43 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 21st will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Wednesday, February 20th. Microsoft’s dividend payout ratio (DPR) is 47.42%.

A number of analysts have issued reports on the company. Credit Suisse Group set a $125.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Tuesday, October 2nd. Cleveland Research reaffirmed a “buy” rating on shares of Microsoft in a research note on Tuesday, October 2nd. Royal Bank of Canada set a $124.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Barclays set a $120.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, September 26th. Finally, Jefferies Financial Group reaffirmed a “sell” rating and issued a $75.00 target price on shares of Microsoft in a research note on Wednesday, September 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Microsoft has a consensus rating of “Buy” and an average price target of $121.88.

In other news, CFO Amy Hood sold 118,000 shares of Microsoft stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $110.90, for a total value of $13,086,200.00. Following the completion of the transaction, the chief financial officer now owns 669,327 shares in the company, valued at approximately $74,228,364.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satya Nadella sold 203,418 shares of Microsoft stock in a transaction dated Friday, October 26th. The shares were sold at an average price of $106.68, for a total value of $21,700,632.24. Following the completion of the transaction, the chief executive officer now owns 1,014,247 shares of the company’s stock, valued at approximately $108,199,869.96. The disclosure for this sale can be found here. Insiders sold a total of 479,080 shares of company stock valued at $52,100,893 in the last quarter. Company 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 for businesses, 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.

Further Reading: How to Invest in the Dividend Aristocrat Index

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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