Microsoft Corporation $MSFT Stock Bought by Silicon Valley Capital Partners

Silicon Valley Capital Partners lifted its stake in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 5.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 153,778 shares of the software giant’s stock after buying an additional 8,022 shares during the period. Microsoft comprises approximately 5.2% of Silicon Valley Capital Partners’ portfolio, making the stock its 6th biggest holding. Silicon Valley Capital Partners’ holdings in Microsoft were worth $57,362,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Montgomery Financial Services LLC acquired a new stake in Microsoft in the 2nd quarter worth $26,000. Frankly Finances LLC acquired a new position in shares of Microsoft during the second quarter valued at about $35,000. Bard Associates Inc. acquired a new position in shares of Microsoft during the second quarter valued at about $37,000. PMV Capital Advisers LLC bought a new stake in shares of Microsoft in the second quarter valued at about $38,000. Finally, Fiduciary Advisors Inc. lifted its stake in shares of Microsoft by 37.4% in the second quarter. Fiduciary Advisors Inc. now owns 125 shares of the software giant’s stock valued at $47,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Key Stories Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

Insider Activity at Microsoft

In related news, CEO Satya Nadella sold 86,525 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $501.46, for a total transaction of $43,388,826.50. Following the completion of the transaction, the chief executive officer owned 486,763 shares in the company, valued at $244,092,173.98. This trade represents a 15.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Amy Hood sold 7,305 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $545.42, for a total value of $3,984,293.10. Following the transaction, the executive vice president owned 555,396 shares of the company’s stock, valued at $302,924,086.32. This trade represents a 1.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 135,504 shares of company stock worth $68,138,024. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MSFT shares. DA Davidson lifted their target price on Microsoft from $550.00 to $650.00 and gave the stock a “buy” rating in a research report on Thursday, October 29th. Melius Research raised Microsoft from a “hold” rating to a “buy” rating and set a $665.00 price target for the company in a report on Monday, October 5th. Stifel Nicolaus raised their price objective on Microsoft from $575.00 to $650.00 and gave the stock a “buy” rating in a research report on Thursday, October 29th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Microsoft in a report on Monday, September 28th. Finally, BNP Paribas Exane cut Microsoft from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $609.54.

Check Out Our Latest Research Report on MSFT

Microsoft Price Performance

NASDAQ:MSFT opened at $555.80 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.21 and a current ratio of 1.22. The company has a 50-day moving average of $515.34 and a 200-day moving average of $439.42. Microsoft Corporation has a 52 week low of $349.20 and a 52 week high of $559.15. The company has a market capitalization of $4.13 trillion, a price-to-earnings ratio of 29.01, a PEG ratio of 1.54 and a beta of 1.05.

Microsoft (NASDAQ:MSFT – Get Free Report) last posted its earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share for the quarter, beating analysts’ consensus estimates of $4.72 by $0.17. Microsoft had a net margin of 41.17% and a return on equity of 31.28%. The business had revenue of $92.28 billion for the quarter, compared to analysts’ expectations of $90.62 billion. During the same quarter in the previous year, the firm posted $4.13 earnings per share. The firm’s revenue for the quarter was up 18.8% on a year-over-year basis. As a group, equities research analysts anticipate that Microsoft Corporation will post 19.86 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be issued a dividend of $0.98 per share. The ex-dividend date of this dividend is Thursday, November 19th. This is a positive change from Microsoft’s previous quarterly dividend of $0.91. This represents a $3.92 dividend on an annualized basis and a yield of 0.7%. Microsoft’s dividend payout ratio (DPR) is presently 19.00%.

About Microsoft

(Free Report)

Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops software, cloud services, devices and digital platforms. Its products and services are used by consumers, businesses, governments and educational institutions worldwide.

The company’s principal offerings include the Windows operating system; Microsoft 365 productivity applications such as Word, Excel, Teams and Outlook; Azure cloud computing and infrastructure services; Dynamics business applications; and enterprise security solutions.

See Also

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT – Free Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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