Hamilton Point Investment Advisors LLC Boosts Stake in Microsoft Co. (MSFT)

Hamilton Point Investment Advisors LLC lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,488 shares of the software giant’s stock after acquiring an additional 532 shares during the period. Microsoft makes up 2.6% of Hamilton Point Investment Advisors LLC’s holdings, making the stock its 7th biggest holding. Hamilton Point Investment Advisors LLC’s holdings in Microsoft were worth $5,274,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of MSFT. Osterweis Capital Management Inc. grew its position in Microsoft by 40.2% in the 1st quarter. Osterweis Capital Management Inc. now owns 427,300 shares of the software giant’s stock worth $39,000,000 after purchasing an additional 122,615 shares in the last quarter. Skye Global Management LP grew its position in Microsoft by 174.8% in the 1st quarter. Skye Global Management LP now owns 1,998,900 shares of the software giant’s stock worth $182,440,000 after purchasing an additional 1,271,400 shares in the last quarter. HC Financial Advisors Inc. bought a new stake in Microsoft in the 4th quarter worth about $2,206,000. FCG Advisors LLC grew its position in Microsoft by 19.6% in the 1st quarter. FCG Advisors LLC now owns 25,098 shares of the software giant’s stock worth $2,291,000 after purchasing an additional 4,111 shares in the last quarter. Finally, Summit Trail Advisors LLC grew its position in Microsoft by 5,931.9% in the 1st quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock worth $4,562,000 after purchasing an additional 4,486,569 shares in the last quarter. 71.80% of the stock is owned by institutional investors.

MSFT has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed a “buy” rating and issued a $127.00 price objective on shares of Microsoft in a research report on Monday, September 24th. Credit Suisse Group set a $125.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a research report on Monday, August 27th. Royal Bank of Canada set a $124.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a research report on Monday, September 10th. Atlantic Securities raised shares of Microsoft from a “neutral” rating to an “overweight” rating in a research report on Monday, June 25th. Finally, BidaskClub raised shares of Microsoft from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 31st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $120.08.

Microsoft stock opened at $109.57 on Friday. The company has a market cap of $880.63 billion, a PE ratio of 28.24, a P/E/G ratio of 2.19 and a beta of 1.28. The company has a quick ratio of 2.86, a current ratio of 2.90 and a debt-to-equity ratio of 0.94. Microsoft Co. has a twelve month low of $77.25 and a twelve month high of $116.18.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, July 19th. The software giant reported $1.13 EPS for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.05. The company had revenue of $30.09 billion for the quarter, compared to analysts’ expectations of $29.23 billion. Microsoft had a net margin of 15.02% and a return on equity of 36.69%. Microsoft’s revenue was up 17.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 EPS. On average, equities analysts expect that Microsoft Co. will post 4.25 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Thursday, November 15th will be paid a dividend of $0.46 per share. This is a boost from Microsoft’s previous quarterly dividend of $0.42. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Wednesday, November 14th. Microsoft’s dividend payout ratio is presently 43.30%.

In related news, CMO Christopher C. Capossela sold 23,337 shares of the company’s stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of $109.22, for a total transaction of $2,548,867.14. Following the sale, the chief marketing officer now directly owns 190,570 shares in the company, valued at approximately $20,814,055.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Amy Hood sold 118,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $110.90, for a total transaction of $13,086,200.00. Following the sale, the chief financial officer now owns 669,327 shares in the company, valued at $74,228,364.30. The disclosure for this sale can be found here. Insiders have sold a total of 650,042 shares of company stock worth $71,264,850 over the last 90 days. 1.49% of the stock is currently owned by corporate insiders.

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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