Barings LLC Raises Stake in Microsoft Co. (MSFT)

Barings LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 20.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 529,004 shares of the software giant’s stock after acquiring an additional 89,380 shares during the period. Microsoft makes up about 0.7% of Barings LLC’s investment portfolio, making the stock its 16th largest holding. Barings LLC’s holdings in Microsoft were worth $52,165,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Osterweis Capital Management Inc. increased its position in shares of Microsoft by 40.2% during the first quarter. Osterweis Capital Management Inc. now owns 427,300 shares of the software giant’s stock worth $39,000,000 after acquiring an additional 122,615 shares in the last quarter. Skye Global Management LP increased its position in shares of Microsoft by 174.8% during the first quarter. Skye Global Management LP now owns 1,998,900 shares of the software giant’s stock worth $182,440,000 after acquiring an additional 1,271,400 shares in the last quarter. Middleton & Co Inc MA increased its position in shares of Microsoft by 1.5% during the second quarter. Middleton & Co Inc MA now owns 55,349 shares of the software giant’s stock worth $5,457,000 after acquiring an additional 838 shares in the last quarter. FCG Advisors LLC increased its position in shares of Microsoft by 19.6% during the first quarter. FCG Advisors LLC now owns 25,098 shares of the software giant’s stock worth $2,291,000 after acquiring an additional 4,111 shares in the last quarter. Finally, Summit Trail Advisors LLC increased its position in shares of Microsoft by 5,931.9% during the first quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock worth $4,562,000 after acquiring an additional 4,486,569 shares in the last quarter. 72.12% of the stock is owned by institutional investors.

Shares of MSFT stock opened at $110.19 on Friday. The firm has a market capitalization of $824.96 billion, a price-to-earnings ratio of 28.40, a PEG ratio of 1.94 and a beta of 1.26. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88. Microsoft Co. has a one year low of $80.70 and a one year high of $116.18.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.18. The firm had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. The company’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.84 earnings per share. As a group, equities research analysts predict that Microsoft Co. will post 4.43 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 21st will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Wednesday, February 20th. Microsoft’s dividend payout ratio is currently 47.42%.

Several research analysts recently commented on MSFT shares. Credit Suisse Group set a $125.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Wednesday, September 19th. Oppenheimer set a $127.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Monday, November 19th. DZ Bank restated a “buy” rating on shares of Microsoft in a report on Thursday, October 18th. Macquarie restated a “buy” rating and set a $125.00 target price on shares of Microsoft in a report on Thursday, October 25th. Finally, Stifel Nicolaus restated a “buy” rating and set a $120.00 target price on shares of Microsoft in a report on Thursday, October 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the stock. Microsoft presently has an average rating of “Buy” and an average target price of $121.88.

In other Microsoft news, CFO Amy Hood sold 118,000 shares of the stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $110.90, for a total value of $13,086,200.00. Following the completion of the sale, the chief financial officer now owns 669,327 shares in the company, valued at $74,228,364.30. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $111.31, for a total transaction of $4,452,400.00. Following the sale, the executive vice president now owns 339,972 shares of the company’s stock, valued at approximately $37,842,283.32. The disclosure for this sale can be found here. In the last quarter, insiders sold 479,080 shares of company stock valued at $52,100,893. Corporate insiders own 1.49% of the company’s stock.

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Microsoft Company Profile

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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