Microsoft Corporation $MSFT Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC increased its position in Microsoft Corporation (NASDAQ:MSFTFree Report) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,005,163 shares of the software giant’s stock after acquiring an additional 198,443 shares during the period. Microsoft comprises about 2.6% of HighTower Advisors LLC’s holdings, making the stock its 3rd biggest position. HighTower Advisors LLC’s holdings in Microsoft were worth $2,420,597,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Microsoft by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 717,942,580 shares of the software giant’s stock valued at $347,211,391,000 after buying an additional 15,955,898 shares during the last quarter. State Street Corp raised its position in shares of Microsoft by 1.1% in the second quarter. State Street Corp now owns 299,196,519 shares of the software giant’s stock valued at $148,823,341,000 after buying an additional 3,166,275 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Microsoft by 2.0% in the second quarter. Geode Capital Management LLC now owns 179,001,751 shares of the software giant’s stock valued at $88,714,256,000 after buying an additional 3,532,054 shares during the last quarter. Norges Bank acquired a new position in shares of Microsoft in the second quarter valued at approximately $50,493,678,000. Finally, Northern Trust Corp raised its position in shares of Microsoft by 16.1% in the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant’s stock valued at $35,316,535,000 after buying an additional 11,600,470 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

Microsoft stock opened at $416.67 on Friday. The stock’s 50-day moving average is $407.63 and its 200-day moving average is $432.07. The company has a market cap of $3.10 trillion, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 1.54 and a beta of 1.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 1.27. Microsoft Corporation has a 12 month low of $356.28 and a 12 month high of $555.45.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.06 by $0.21. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The company had revenue of $82.89 billion during the quarter, compared to the consensus estimate of $81.44 billion. During the same period in the previous year, the firm earned $3.46 earnings per share. Microsoft’s revenue for the quarter was up 18.3% on a year-over-year basis. Equities analysts anticipate that Microsoft Corporation will post 16.76 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, May 21st. Microsoft’s payout ratio is currently 21.67%.

Insider Activity at Microsoft

In other Microsoft news, EVP Amy Coleman sold 1,262 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $411.34, for a total transaction of $519,111.08. Following the completion of the sale, the executive vice president directly owned 46,003 shares in the company, valued at $18,922,874.02. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Judson Althoff sold 15,500 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $460.99, for a total transaction of $7,145,345.00. Following the sale, the chief executive officer owned 110,477 shares of the company’s stock, valued at approximately $50,928,792.23. This represents a 12.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is owned by insiders.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MSFT. Scotiabank cut their price objective on shares of Microsoft from $600.00 to $550.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. William Blair restated an “outperform” rating on shares of Microsoft in a report on Monday, March 9th. Citizens Jmp began coverage on shares of Microsoft in a report on Monday, June 1st. They issued an “outperform” rating and a $550.00 target price for the company. UBS Group restated a “buy” rating on shares of Microsoft in a report on Friday, April 24th. Finally, DA Davidson lowered their target price on shares of Microsoft from $650.00 to $550.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Forty-one research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $561.20.

Check Out Our Latest Analysis on MSFT

Microsoft Company Profile

(Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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