Court Place Advisors LLC Cuts Position in Microsoft Co. (MSFT)

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Court Place Advisors LLC decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 82,256 shares of the software giant’s stock after selling 323 shares during the period. Microsoft comprises about 3.8% of Court Place Advisors LLC’s holdings, making the stock its 4th largest position. Court Place Advisors LLC’s holdings in Microsoft were worth $8,355,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in MSFT. Vanguard Group Inc boosted its position in shares of Microsoft by 1.6% during the third quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock valued at $66,091,902,000 after buying an additional 8,820,439 shares during the last quarter. Morgan Stanley boosted its position in shares of Microsoft by 4.8% during the third quarter. Morgan Stanley now owns 60,865,803 shares of the software giant’s stock valued at $6,961,221,000 after buying an additional 2,796,779 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Microsoft by 19.6% during the third quarter. Russell Investments Group Ltd. now owns 9,248,352 shares of the software giant’s stock valued at $1,057,849,000 after buying an additional 1,517,947 shares during the last quarter. ADAMCAPITAL Gestao de Recursos Ltda. boosted its position in shares of Microsoft by 342.8% during the third quarter. ADAMCAPITAL Gestao de Recursos Ltda. now owns 1,866,026 shares of the software giant’s stock valued at $213,417,000 after buying an additional 1,444,650 shares during the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. purchased a new position in Microsoft in the third quarter worth $129,830,000. 73.60% of the stock is currently owned by institutional investors.

Shares of NASDAQ MSFT opened at $126.18 on Friday. Microsoft Co. has a one year low of $93.96 and a one year high of $131.37. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.93 and a current ratio of 2.97. The firm has a market cap of $977.10 billion, a PE ratio of 32.52, a PEG ratio of 2.23 and a beta of 1.24.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, April 24th. The software giant reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.14. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The firm had revenue of $30.57 billion for the quarter, compared to analysts’ expectations of $29.86 billion. During the same quarter in the prior year, the firm earned $0.95 EPS. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. As a group, research analysts expect that Microsoft Co. will post 4.58 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.46%. Microsoft’s dividend payout ratio is presently 47.42%.

In related news, EVP Christopher C. Capossela sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $126.02, for a total transaction of $630,100.00. Following the sale, the executive vice president now directly owns 144,934 shares in the company, valued at approximately $18,264,582.68. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Frank H. Brod sold 7,220 shares of the business’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $112.76, for a total value of $814,127.20. Following the sale, the insider now owns 53,069 shares in the company, valued at $5,984,060.44. The disclosure for this sale can be found here. Insiders have sold a total of 238,354 shares of company stock worth $30,340,221 in the last ninety days. Insiders own 1.38% of the company’s stock.

Several research analysts have weighed in on MSFT shares. JPMorgan Chase & Co. boosted their price objective on Microsoft from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. BMO Capital Markets boosted their price objective on Microsoft from $125.00 to $147.00 and gave the stock an “outperform” rating in a research report on Thursday, April 25th. Barclays boosted their price objective on Microsoft from $132.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Argus boosted their price objective on Microsoft to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. Finally, Credit Suisse Group reissued a “buy” rating and issued a $125.00 price objective on shares of Microsoft in a research report on Wednesday, April 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-five have given a buy rating and three have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $135.75.

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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, 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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