Microsoft Co. (NASDAQ:MSFT) is Sustainable Growth Advisers LP’s 5th Largest Position

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Sustainable Growth Advisers LP raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 31.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,304,222 shares of the software giant’s stock after buying an additional 787,005 shares during the period. Microsoft comprises about 4.5% of Sustainable Growth Advisers LP’s holdings, making the stock its 5th largest holding. Sustainable Growth Advisers LP’s holdings in Microsoft were worth $442,634,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Janus Henderson Group PLC increased its position in shares of Microsoft by 0.7% during the second quarter. Janus Henderson Group PLC now owns 52,986,086 shares of the software giant’s stock worth $7,097,675,000 after purchasing an additional 342,648 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Microsoft by 2.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,368,268 shares of the software giant’s stock worth $4,603,974,000 after acquiring an additional 782,124 shares in the last quarter. Clearbridge Investments LLC lifted its stake in Microsoft by 0.8% in the 1st quarter. Clearbridge Investments LLC now owns 24,262,155 shares of the software giant’s stock valued at $2,861,479,000 after buying an additional 201,876 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Microsoft by 3.9% in the 2nd quarter. Fisher Asset Management LLC now owns 20,822,243 shares of the software giant’s stock valued at $2,789,348,000 after buying an additional 778,351 shares in the last quarter. Finally, Lunia Capital LP raised its holdings in Microsoft by 9,650.2% in the 4th quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after acquiring an additional 16,861,809 shares during the last quarter. Hedge funds and other institutional investors own 72.16% of the company’s stock.

NASDAQ MSFT traded down $0.54 during midday trading on Friday, hitting $140.53. The company had a trading volume of 13,882,631 shares, compared to its average volume of 21,275,420. The company has a quick ratio of 2.50, a current ratio of 2.53 and a debt-to-equity ratio of 0.71. The stock has a market cap of $1,049.03 billion, a price-to-earnings ratio of 29.59, a P/E/G ratio of 2.39 and a beta of 1.22. The firm has a fifty day simple moving average of $136.80 and a two-hundred day simple moving average of $129.41. Microsoft Co. has a fifty-two week low of $93.96 and a fifty-two week high of $141.68.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.16. The company had revenue of $33.72 billion for the quarter, compared to analyst estimates of $32.80 billion. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the business posted $1.13 EPS. As a group, equities analysts predict that Microsoft Co. will post 5.23 earnings per share for the current year.

Microsoft announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, September 18th that allows the company to buyback $40.00 billion in outstanding shares. This buyback authorization allows the software giant to repurchase up to 3.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.45%. This is a positive change from Microsoft’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Wednesday, November 20th. Microsoft’s dividend payout ratio (DPR) is currently 38.74%.

In other Microsoft news, CEO Satya Nadella sold 99,837 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $137.20, for a total value of $13,697,636.40. Following the sale, the chief executive officer now directly owns 1,124,339 shares in the company, valued at approximately $154,259,310.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Frank H. Brod sold 4,000 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $141.05, for a total transaction of $564,200.00. Following the completion of the sale, the insider now owns 64,152 shares in the company, valued at $9,048,639.60. The disclosure for this sale can be found here. Insiders sold a total of 318,757 shares of company stock worth $43,735,918 over the last 90 days. Company insiders own 1.38% of the company’s stock.

MSFT has been the subject of several recent research reports. Morgan Stanley increased their price target on Microsoft from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Friday, July 19th. Jefferies Financial Group set a $93.00 price target on shares of Microsoft and gave the stock a “sell” rating in a research report on Friday, July 19th. Oppenheimer increased their price objective on shares of Microsoft from $145.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Mizuho set a $152.00 price target on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, September 6th. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $153.00 price objective on shares of Microsoft in a research note on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $149.21.

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, 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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