Green Square Capital Advisors LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 3.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,515 shares of the software giant’s stock after buying an additional 424 shares during the quarter. Microsoft comprises 0.5% of Green Square Capital Advisors LLC’s holdings, making the stock its 24th biggest position. Green Square Capital Advisors LLC’s holdings in Microsoft were worth $3,896,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Henrickson Nauta Wealth Advisors Inc. lifted its stake in Microsoft by 1.3% in the first quarter. Henrickson Nauta Wealth Advisors Inc. now owns 2,898 shares of the software giant’s stock valued at $835,000 after buying an additional 36 shares during the period. Sentinel Pension Advisors Inc. increased its holdings in shares of Microsoft by 1.1% during the fourth quarter. Sentinel Pension Advisors Inc. now owns 3,746 shares of the software giant’s stock valued at $898,000 after acquiring an additional 39 shares in the last quarter. Providence First Trust Co increased its holdings in shares of Microsoft by 2.5% during the fourth quarter. Providence First Trust Co now owns 1,645 shares of the software giant’s stock valued at $395,000 after acquiring an additional 40 shares in the last quarter. Modus Advisors LLC increased its holdings in shares of Microsoft by 0.3% during the first quarter. Modus Advisors LLC now owns 14,316 shares of the software giant’s stock valued at $4,127,000 after acquiring an additional 40 shares in the last quarter. Finally, Lokken Investment Group LLC increased its holdings in shares of Microsoft by 0.3% during the second quarter. Lokken Investment Group LLC now owns 11,976 shares of the software giant’s stock valued at $3,076,000 after acquiring an additional 41 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Microsoft Stock Performance
NASDAQ:MSFT opened at $337.99 on Tuesday. The business’s 50-day moving average price is $322.86 and its two-hundred day moving average price is $281.18. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $351.47. The stock has a market cap of $2.51 trillion, a P/E ratio of 36.62, a PEG ratio of 3.03 and a beta of 0.92. The company has a quick ratio of 1.88, a current ratio of 1.91 and a debt-to-equity ratio of 0.22.
Microsoft Announces Dividend
The company 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 of this dividend is Wednesday, August 16th. This represents a $2.72 annualized dividend and a dividend yield of 0.80%. Microsoft’s dividend payout ratio (DPR) is presently 29.47%.
Insider Activity
In other news, CMO Christopher C. Capossela sold 5,000 shares of the stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $310.05, for a total transaction of $1,550,250.00. Following the transaction, the chief marketing officer now directly owns 110,206 shares in the company, valued at approximately $34,169,370.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of $310.05, for a total transaction of $1,550,250.00. Following the transaction, the chief marketing officer now directly owns 110,206 shares in the company, valued at approximately $34,169,370.30. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Judson Althoff sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $306.09, for a total value of $9,182,700.00. Following the transaction, the executive vice president now owns 117,456 shares in the company, valued at $35,952,107.04. The disclosure for this sale can be found here. In the last three months, insiders have sold 51,331 shares of company stock worth $15,867,278. 0.03% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on MSFT shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Microsoft from $340.00 to $380.00 in a report on Tuesday, May 30th. Wolfe Research boosted their price objective on Microsoft from $330.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Stifel Nicolaus boosted their price objective on Microsoft from $310.00 to $320.00 and gave the company a “buy” rating in a report on Wednesday, April 26th. Moffett Nathanson upped their price target on Microsoft from $263.00 to $306.00 and gave the stock a “market perform” rating in a report on Wednesday, April 26th. Finally, StockNews.com assumed coverage on Microsoft in a report on Thursday, May 18th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirty-one have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $333.18.
About Microsoft
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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