Microsoft Co. (MSFT) Position Decreased by Beck Mack & Oliver LLC

Beck Mack & Oliver LLC lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 3.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,282,628 shares of the software giant’s stock after selling 44,585 shares during the period. Microsoft makes up approximately 4.7% of Beck Mack & Oliver LLC’s investment portfolio, making the stock its 2nd largest position. Beck Mack & Oliver LLC’s holdings in Microsoft were worth $146,694,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MSFT. Royal London Asset Management Ltd. acquired a new position in Microsoft during the second quarter worth about $406,699,000. Cornerstone Wealth Management LLC raised its holdings in shares of Microsoft by 10,330.4% during the second quarter. Cornerstone Wealth Management LLC now owns 3,661,393 shares of the software giant’s stock worth $36,609,000 after purchasing an additional 3,626,290 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Microsoft by 12.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 31,168,526 shares of the software giant’s stock worth $3,073,529,000 after purchasing an additional 3,328,581 shares during the period. Russell Investments Group Ltd. raised its holdings 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 worth $1,057,849,000 after purchasing an additional 1,517,947 shares during the period. Finally, ADAMCAPITAL Gestao de Recursos Ltda. raised its holdings 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 worth $213,417,000 after purchasing an additional 1,444,650 shares during the period. 73.81% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have weighed in 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 Sunday, December 23rd. Jefferies Financial Group reissued a “sell” rating and set a $75.00 target price on shares of Microsoft in a report on Monday, November 19th. Oppenheimer set a $127.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Friday, October 19th. UBS Group set a $125.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Thursday, January 31st. Finally, Bank of America raised shares of Microsoft to a “buy” rating and dropped their target price for the stock from $150.00 to $140.00 in a report on Monday, January 28th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-one have assigned a buy rating and two have given a strong buy rating to the company. Microsoft presently has a consensus rating of “Buy” and an average target price of $122.11.

In other Microsoft news, CEO Satya Nadella sold 267,466 shares of the company’s stock in a transaction on Wednesday, February 6th. The stock was sold at an average price of $106.01, for a total value of $28,354,070.66. Following the transaction, the chief executive officer now directly owns 1,746,854 shares of the company’s stock, valued at approximately $185,183,992.54. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction on Thursday, December 6th. The shares were sold at an average price of $108.00, for a total value of $432,000.00. Following the completion of the transaction, the executive vice president now directly owns 173,931 shares in the company, valued at $18,784,548. The disclosure for this sale can be found here. In the last 90 days, insiders sold 285,466 shares of company stock worth $30,325,771. 1.38% of the stock is owned by company insiders.

Microsoft stock opened at $106.81 on Thursday. The stock has a market cap of $823.03 billion, a PE ratio of 27.53, a P/E/G ratio of 1.94 and a beta of 1.17. Microsoft Co. has a 1 year low of $87.08 and a 1 year high of $116.18. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.12 and a quick ratio of 3.08.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 30th. The software giant reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.01. Microsoft had a return on equity of 39.52% and a net margin of 28.31%. The company had revenue of $32.47 billion for the quarter, compared to analysts’ expectations of $32.53 billion. During the same quarter in the prior year, the business posted $0.96 EPS. The business’s revenue was up 12.3% compared to the same quarter last year. Equities analysts forecast that Microsoft Co. will post 4.41 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Investors 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 1.72%. The ex-dividend date is Wednesday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 47.42%.

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Microsoft 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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