Capstone Triton Financial Group LLC Grows Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Capstone Triton Financial Group LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 2.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,158 shares of the software giant’s stock after buying an additional 389 shares during the period. Microsoft comprises approximately 3.3% of Capstone Triton Financial Group LLC’s portfolio, making the stock its 2nd largest position. Capstone Triton Financial Group LLC’s holdings in Microsoft were worth $4,370,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MSFT. Moneta Group Investment Advisors LLC raised its holdings in Microsoft by 112,158.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock worth $36,017,948,000 after buying an additional 150,053,637 shares during the last quarter. Norges Bank bought a new position in Microsoft during the fourth quarter worth about $20,700,525,000. Aaron Wealth Advisors LLC boosted its position in Microsoft by 35,465.9% during the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after purchasing an additional 20,553,188 shares during the period. Morgan Stanley boosted its position in shares of Microsoft by 14.0% in the fourth quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock valued at $28,638,815,000 after acquiring an additional 14,652,150 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its position in shares of Microsoft by 98.1% in the fourth quarter. CIBC Private Wealth Group LLC now owns 15,218,570 shares of the software giant’s stock valued at $3,649,717,000 after acquiring an additional 7,534,774 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other Microsoft news, EVP Judson Althoff sold 30,000 shares of the stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $306.09, for a total transaction of $9,182,700.00. Following the completion of the sale, the executive vice president now directly owns 117,456 shares of the company’s stock, valued at approximately $35,952,107.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $308.70, for a total value of $1,543,500.00. Following the completion of the sale, the chief marketing officer now owns 105,206 shares of the company’s stock, valued at $32,477,092.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Judson Althoff sold 30,000 shares of the business’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $306.09, for a total value of $9,182,700.00. Following the sale, the executive vice president now directly owns 117,456 shares of the company’s stock, valued at approximately $35,952,107.04. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,331 shares of company stock valued at $15,867,278. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

MSFT has been the topic of several research reports. Barclays lifted their price target on shares of Microsoft from $310.00 to $336.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 26th. Stifel Nicolaus boosted their target price on shares of Microsoft from $310.00 to $320.00 and gave the company a “buy” rating in a report on Wednesday, April 26th. Atlantic Securities upped their price target on shares of Microsoft from $290.00 to $330.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 26th. Mizuho boosted their price objective on Microsoft from $340.00 to $360.00 in a research note on Thursday, June 15th. Finally, JPMorgan Chase & Co. increased their target price on Microsoft from $315.00 to $350.00 in a research report on Thursday, June 15th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirty-two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $333.23.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $333.56 on Thursday. The business’s 50 day moving average price is $315.02 and its 200-day moving average price is $276.14. The firm has a market capitalization of $2.48 trillion, a PE ratio of 36.14, a P/E/G ratio of 3.04 and a beta of 0.93. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.91 and a quick ratio of 1.88. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $351.47.

Microsoft (NASDAQ:MSFTGet Rating) last posted its earnings results on Tuesday, April 25th. The software giant reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. Microsoft had a return on equity of 38.98% and a net margin of 33.25%. The company had revenue of $52.86 billion for the quarter, compared to the consensus estimate of $51.01 billion. During the same quarter in the previous year, the business earned $2.22 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, equities research analysts expect that Microsoft Co. will post 9.65 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Thursday, August 17th will be given a dividend of $0.68 per share. The ex-dividend date is Wednesday, August 16th. This represents a $2.72 annualized dividend and a dividend yield of 0.82%. Microsoft’s dividend payout ratio is currently 29.47%.

About Microsoft

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Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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