Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC increased its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 8.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,371 shares of the software giant’s stock after acquiring an additional 1,509 shares during the period. Microsoft makes up about 1.7% of Revolve Wealth Partners LLC’s investment portfolio, making the stock its 16th biggest position. Revolve Wealth Partners LLC’s holdings in Microsoft were worth $5,232,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its holdings in Microsoft by 5.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 134,115 shares of the software giant’s stock valued at $42,237,000 after buying an additional 7,210 shares during the last quarter. Arbor Investment Advisors LLC grew its holdings in Microsoft by 12.6% during the 1st quarter. Arbor Investment Advisors LLC now owns 12,142 shares of the software giant’s stock valued at $3,743,000 after buying an additional 1,357 shares during the last quarter. KRS Capital Management LLC grew its holdings in Microsoft by 4.8% during the 1st quarter. KRS Capital Management LLC now owns 4,781 shares of the software giant’s stock valued at $1,474,000 after buying an additional 218 shares during the last quarter. Dfpg Investments LLC grew its holdings in Microsoft by 22.9% during the 1st quarter. Dfpg Investments LLC now owns 27,038 shares of the software giant’s stock valued at $7,585,000 after buying an additional 5,030 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in Microsoft by 41.4% during the 1st quarter. Allworth Financial LP now owns 147,385 shares of the software giant’s stock valued at $45,441,000 after buying an additional 43,189 shares during the last quarter. Institutional investors and hedge funds own 69.29% of the company’s stock.

Microsoft Trading Up 0.8 %

Microsoft stock opened at $240.98 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 1.78. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 2.04 and a beta of 0.94. Microsoft Co. has a 1 year low of $237.57 and a 1 year high of $349.67. The firm’s 50 day moving average price is $267.65 and its two-hundred day moving average price is $272.65.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.28 by ($0.05). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. The business had revenue of $51.87 billion during the quarter, compared to analyst estimates of $52.31 billion. During the same quarter last year, the firm posted $2.17 EPS. On average, research analysts predict that Microsoft Co. will post 10.15 EPS for the current fiscal year.

Microsoft Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 1.13%. This is a boost from Microsoft’s previous quarterly dividend of $0.62. The ex-dividend date is Wednesday, November 16th. Microsoft’s payout ratio is presently 25.73%.

Insiders Place Their Bets

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $266.25, for a total transaction of $1,331,250.00. Following the transaction, the chief marketing officer now directly owns 109,837 shares in the company, valued at approximately $29,244,101.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Rosenblatt Securities reduced their price target on Microsoft from $349.00 to $330.00 and set a “buy” rating on the stock in a research note on Tuesday, July 26th. KeyCorp reduced their price target on Microsoft from $373.00 to $330.00 and set an “overweight” rating on the stock in a research note on Thursday, July 7th. Guggenheim assumed coverage on Microsoft in a research note on Friday, August 12th. They set a “neutral” rating and a $292.00 price target on the stock. Fundamental Research reissued a “hold” rating and set a $280.50 price target on shares of Microsoft in a research note on Wednesday, August 3rd. Finally, Moffett Nathanson began coverage on Microsoft in a research note on Thursday. They set a “hold” rating and a $285.00 price target on the stock. Three analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $332.77.

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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