Microsoft Co. (MSFT) Shares Bought by CAPROCK Group Inc.

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CAPROCK Group Inc. grew its stake in Microsoft Co. (NASDAQ:MSFT) by 15.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,691 shares of the software giant’s stock after buying an additional 16,074 shares during the quarter. Microsoft makes up 2.8% of CAPROCK Group Inc.’s portfolio, making the stock its 4th biggest holding. CAPROCK Group Inc.’s holdings in Microsoft were worth $13,689,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Peak Capital Management LLC bought a new position in shares of Microsoft in the second quarter worth about $107,000. WP Advisors LLC bought a new position in Microsoft during the second quarter valued at approximately $131,000. Quattro Financial Advisors LLC bought a new position in Microsoft during the third quarter valued at approximately $132,000. LFA Lugano Financial Advisors SA bought a new position in Microsoft during the second quarter valued at approximately $139,000. Finally, Live Your Vision LLC boosted its stake in Microsoft by 58.7% during the second quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock valued at $140,000 after buying an additional 509 shares during the last quarter. Institutional investors and hedge funds own 71.64% of the company’s stock.

NASDAQ:MSFT opened at $102.80 on Monday. The company has a market capitalization of $802.86 billion, a PE ratio of 26.49, a P/E/G ratio of 1.89 and a beta of 1.24. Microsoft Co. has a 1 year low of $83.83 and a 1 year high of $116.18. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.85.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, October 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.18. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The business had revenue of $29.08 billion during the quarter, compared to analyst estimates of $27.92 billion. During the same period last year, the company earned $0.84 EPS. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Research analysts expect that Microsoft Co. will post 4.43 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 21st will be issued a $0.46 dividend. The ex-dividend date is Wednesday, February 20th. This represents a $1.84 annualized dividend and a dividend yield of 1.79%. Microsoft’s payout ratio is 47.42%.

In other news, CMO Christopher C. Capossela sold 10,000 shares of the stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $111.77, for a total value of $1,117,700.00. Following the sale, the chief marketing officer now directly owns 177,931 shares in the company, valued at $19,887,347.87. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Frank H. Brod sold 2,000 shares of the stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the sale, the insider now owns 64,676 shares in the company, valued at $6,931,973.68. The disclosure for this sale can be found here. Over the last quarter, insiders sold 279,918 shares of company stock worth $30,102,412. Company insiders own 1.38% of the company’s stock.

A number of brokerages recently commented on MSFT. Zacks Investment Research lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Monday, December 31st. Credit Suisse Group reissued a “buy” rating and set a $125.00 price target on shares of Microsoft in a research note on Sunday. Macquarie set a $125.00 price target on Microsoft and gave the company a “buy” rating in a research note on Monday, November 19th. Stifel Nicolaus reissued a “buy” rating and set a $120.00 price target on shares of Microsoft in a research note on Thursday, October 25th. Finally, Sanford C. Bernstein reissued a “buy” rating and set a $137.00 price target on shares of Microsoft in a research note on Thursday, October 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have given a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $121.88.

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About Microsoft

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 for businesses, 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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