Axiom International Investors LLC DE grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,570,022 shares of the software giant’s stock after buying an additional 27,198 shares during the period. Microsoft accounts for approximately 6.3% of Axiom International Investors LLC DE’s holdings, making the stock its 3rd biggest position. Axiom International Investors LLC DE’s holdings in Microsoft were worth $319,515,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of MSFT. Geode Capital Management LLC lifted its position in Microsoft by 2.0% in the 1st quarter. Geode Capital Management LLC now owns 115,684,966 shares of the software giant’s stock valued at $18,213,038,000 after acquiring an additional 2,283,447 shares in the last quarter. Capital International Investors lifted its holdings in shares of Microsoft by 3.5% during the first quarter. Capital International Investors now owns 103,523,946 shares of the software giant’s stock valued at $16,326,780,000 after purchasing an additional 3,527,148 shares in the last quarter. Capital Research Global Investors boosted its position in shares of Microsoft by 0.5% during the first quarter. Capital Research Global Investors now owns 93,247,848 shares of the software giant’s stock valued at $14,706,128,000 after buying an additional 471,612 shares during the last quarter. Bank of New York Mellon Corp raised its position in Microsoft by 2.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 85,075,509 shares of the software giant’s stock worth $17,313,715,000 after buying an additional 1,667,999 shares during the last quarter. Finally, Legal & General Group Plc raised its position in Microsoft by 2.8% in the 1st quarter. Legal & General Group Plc now owns 46,522,802 shares of the software giant’s stock worth $7,337,453,000 after buying an additional 1,251,930 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.
NASDAQ:MSFT opened at $208.78 on Wednesday. The stock has a fifty day moving average price of $212.36 and a two-hundred day moving average price of $187.59. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.49 and a current ratio of 2.52. The stock has a market capitalization of $1,579.97 billion, a price-to-earnings ratio of 36.31, a PEG ratio of 2.33 and a beta of 0.89. Microsoft Co. has a 1 year low of $132.52 and a 1 year high of $232.86.
Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, July 22nd. The software giant reported $1.46 EPS for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.12. The firm had revenue of $38.03 billion for the quarter, compared to analysts’ expectations of $36.59 billion. Microsoft had a net margin of 30.96% and a return on equity of 39.45%. On average, analysts predict that Microsoft Co. will post 6.39 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.24 dividend on an annualized basis and a yield of 1.07%. This is a boost from Microsoft’s previous quarterly dividend of $0.51. Microsoft’s dividend payout ratio (DPR) is presently 35.42%.
A number of analysts recently commented on MSFT shares. Oppenheimer initiated coverage on Microsoft in a research report on Monday, August 3rd. They set a “hold” rating for the company. Tigress Financial restated a “buy” rating on shares of Microsoft in a research report on Friday, July 31st. UBS Group boosted their price target on Microsoft from $207.00 to $232.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $195.00 target price on the stock in a research report on Wednesday, May 20th. Finally, BidaskClub upgraded shares of Microsoft from a “sell” rating to a “hold” rating in a research report on Friday, August 28th. Four analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $216.72.
In other Microsoft news, EVP Kathleen T. Hogan sold 30,871 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $209.90, for a total transaction of $6,479,822.90. Following the completion of the transaction, the executive vice president now directly owns 176 shares of the company’s stock, valued at approximately $36,942.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Amy Hood sold 80,000 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $218.14, for a total value of $17,451,200.00. Following the sale, the chief financial officer now owns 452,720 shares in the company, valued at approximately $98,756,340.80. The disclosure for this sale can be found here. Insiders have sold 164,067 shares of company stock valued at $35,247,737 over the last 90 days. 1.39% of the stock is currently owned by insiders.
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, 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.
Further Reading: Why Dividend Stocks May Be Right for You
Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT).
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.