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Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Live Oak Private Wealth LLC


Live Oak Private Wealth LLC raised its stake in Microsoft Co. (NASDAQ:MSFTGet Rating) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,525 shares of the software giant’s stock after acquiring an additional 794 shares during the period. Microsoft makes up 2.4% of Live Oak Private Wealth LLC’s portfolio, making the stock its 7th largest holding. Live Oak Private Wealth LLC’s holdings in Microsoft were worth $10,836,000 as of its most recent filing with the SEC.

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A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Microsoft by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock worth $191,644,927,000 after buying an additional 5,648,095 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Microsoft by 0.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 195,859,819 shares of the software giant’s stock worth $50,302,677,000 after buying an additional 556,020 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Microsoft by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 54,799,110 shares of the software giant’s stock worth $14,074,064,000 after buying an additional 784,656 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Microsoft by 2.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 40,130,443 shares of the software giant’s stock worth $10,306,701,000 after buying an additional 939,396 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Microsoft by 2.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 39,863,273 shares of the software giant’s stock worth $12,290,246,000 after buying an additional 766,487 shares during the last quarter. 69.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSFT has been the topic of several analyst reports. Morgan Stanley cut their price target on shares of Microsoft from $325.00 to $307.00 and set an “overweight” rating on the stock in a report on Wednesday, October 26th. Oppenheimer cut their price target on shares of Microsoft from $275.00 to $265.00 in a report on Wednesday, October 26th. UBS Group set a $250.00 price target on shares of Microsoft in a report on Thursday. The Goldman Sachs Group set a $315.00 price target on shares of Microsoft in a report on Tuesday, January 17th. Finally, Mizuho cut their price target on shares of Microsoft from $305.00 to $290.00 and set a “buy” rating on the stock in a report on Friday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $287.88.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 24,144 shares of the company’s stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $254.27, for a total transaction of $6,139,094.88. Following the transaction, the executive vice president now owns 150,047 shares in the company, valued at approximately $38,152,450.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.

Microsoft Trading Up 3.6 %

NASDAQ MSFT opened at $240.22 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.84 and a debt-to-equity ratio of 0.26. The firm has a market cap of $1.79 trillion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 2.35 and a beta of 0.94. The company has a 50 day moving average price of $241.70 and a 200 day moving average price of $250.01. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $315.95.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.06. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business had revenue of $50.12 billion for the quarter, compared to analyst estimates of $49.70 billion. During the same quarter in the prior year, the business posted $2.27 EPS. Microsoft’s revenue for the quarter was up 10.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Microsoft Co. will post 9.52 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 9th. Shareholders of record on Thursday, February 16th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, February 15th. This represents a $2.72 dividend on an annualized basis and a yield of 1.13%. Microsoft’s payout ratio is 29.31%.

About Microsoft

(Get Rating)

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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