Microsoft Co. (NASDAQ:MSFT) is Blue Whale Capital LLP’s Largest Position

Blue Whale Capital LLP raised its position in Microsoft Co. (NASDAQ:MSFT) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,680 shares of the software giant’s stock after buying an additional 21,400 shares during the period. Microsoft accounts for 11.4% of Blue Whale Capital LLP’s investment portfolio, making the stock its biggest holding. Blue Whale Capital LLP’s holdings in Microsoft were worth $42,056,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MSFT. Geode Capital Management LLC boosted its holdings 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 worth $18,213,038,000 after buying an additional 2,283,447 shares during the period. Capital International Investors boosted its holdings in Microsoft by 3.5% in the 1st quarter. Capital International Investors now owns 103,523,946 shares of the software giant’s stock worth $16,326,780,000 after buying an additional 3,527,148 shares during the period. Capital Research Global Investors boosted its holdings in Microsoft by 0.5% in the 1st quarter. Capital Research Global Investors now owns 93,247,848 shares of the software giant’s stock worth $14,706,128,000 after buying an additional 471,612 shares during the period. Bank of New York Mellon Corp boosted its holdings 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 period. Finally, Legal & General Group Plc boosted its holdings 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 period. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Several research analysts have commented on MSFT shares. Raymond James raised their price target on shares of Microsoft from $208.00 to $225.00 and gave the company a “strong-buy” rating in a report on Monday, July 20th. Fundamental Research raised their price target on shares of Microsoft from $212.58 to $220.41 and gave the company a “buy” rating in a report on Tuesday, July 28th. Wells Fargo & Company lifted their price objective on shares of Microsoft from $205.00 to $250.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. They noted that the move was a valuation call. Royal Bank of Canada set a $230.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Finally, Wedbush lifted their price objective on shares of Microsoft from $220.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Four investment analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Microsoft currently has an average rating of “Buy” and an average target price of $216.72.

In other news, 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 transaction, the chief financial officer now owns 452,720 shares in the company, valued at $98,756,340.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathleen T. Hogan sold 30,871 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was 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 owns 176 shares in the company, valued at approximately $36,942.40. The disclosure for this sale can be found here. Insiders have sold 164,067 shares of company stock worth $35,247,737 in the last three months. 1.39% of the stock is currently owned by insiders.

NASDAQ:MSFT opened at $208.78 on Wednesday. Microsoft Co. has a one year low of $132.52 and a one year high of $232.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.52 and a quick ratio of 2.49. The company’s 50-day simple moving average is $212.36 and its 200 day simple moving average is $187.59. The firm has a market capitalization of $1,579.97 billion, a P/E ratio of 36.31, a PEG ratio of 2.33 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, July 22nd. The software giant reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. Microsoft had a net margin of 30.96% and a return on equity of 39.45%. The business had revenue of $38.03 billion for the quarter, compared to analyst estimates of $36.59 billion. On average, equities research analysts expect that Microsoft Co. will post 6.39 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a dividend of $0.56 per share. The ex-dividend date is Wednesday, November 18th. This represents a $2.24 annualized dividend and a yield of 1.07%. This is a positive change from Microsoft’s previous quarterly dividend of $0.51. Microsoft’s payout ratio is presently 35.42%.

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, 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: What is the strike price in options trading?

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).

Institutional Ownership by Quarter for Microsoft (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.



Leave a Reply