Microsoft Co. (NASDAQ:MSFT) Holdings Lowered by Global Retirement Partners LLC


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Global Retirement Partners LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,067 shares of the software giant’s stock after selling 4,097 shares during the period. Microsoft comprises about 1.7% of Global Retirement Partners LLC’s investment portfolio, making the stock its 7th biggest position. Global Retirement Partners LLC’s holdings in Microsoft were worth $13,805,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in MSFT. NuWave Investment Management LLC lifted its position in shares of Microsoft by 3,250.0% in the fourth quarter. NuWave Investment Management LLC now owns 134 shares of the software giant’s stock worth $30,000 after buying an additional 130 shares in the last quarter. Newfound Research LLC purchased a new stake in shares of Microsoft in the third quarter worth about $32,000. FNY Investment Advisers LLC purchased a new stake in shares of Microsoft in the third quarter worth about $45,000. Your Advocates Ltd. LLP lifted its position in shares of Microsoft by 588.2% in the second quarter. Your Advocates Ltd. LLP now owns 351 shares of the software giant’s stock worth $71,000 after buying an additional 300 shares in the last quarter. Finally, Carolina Wealth Advisors LLC lifted its position in shares of Microsoft by 20.1% in the third quarter. Carolina Wealth Advisors LLC now owns 341 shares of the software giant’s stock worth $72,000 after buying an additional 57 shares in the last quarter. Institutional investors and hedge funds own 63.89% of the company’s stock.

Shares of NASDAQ:MSFT opened at $216.34 on Thursday. Microsoft Co. has a 52-week low of $132.52 and a 52-week high of $232.86. The stock has a market cap of $1.64 trillion, a P/E ratio of 34.95, a price-to-earnings-growth ratio of 2.54 and a beta of 0.82. The business’s 50 day moving average is $217.71 and its 200 day moving average is $212.60. The company has a quick ratio of 2.49, a current ratio of 2.53 and a debt-to-equity ratio of 0.46.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, October 27th. The software giant reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.29. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. The company had revenue of $37.15 billion for the quarter, compared to analysts’ expectations of $35.67 billion. On average, sell-side analysts anticipate that Microsoft Co. will post 6.73 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 11th. Investors of record on Thursday, February 18th will be paid a $0.56 dividend. The ex-dividend date is Wednesday, February 17th. This represents a $2.24 annualized dividend and a yield of 1.04%. Microsoft’s dividend payout ratio (DPR) is currently 38.89%.

MSFT has been the topic of a number of research analyst reports. Mizuho boosted their target price on Microsoft from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Oppenheimer upgraded Microsoft from a “market perform” rating to an “outperform” rating and set a $260.00 price objective on the stock in a research report on Thursday, November 5th. Jefferies Financial Group set a $260.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Wednesday, October 28th. KeyCorp began coverage on Microsoft in a research report on Monday, November 23rd. They set an “overweight” rating and a $250.00 price objective on the stock. Finally, Piper Sandler upped their price objective on Microsoft from $218.00 to $245.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating, thirty-two have assigned a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $236.71.

In other Microsoft news, President Bradford L. Smith sold 200,000 shares of the company’s stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $222.58, for a total transaction of $44,516,000.00. Following the completion of the sale, the president now owns 778,439 shares in the company, valued at $173,264,952.62. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Satya Nadella sold 104,500 shares of the company’s stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $222.52, for a total value of $23,253,340.00. Following the sale, the chief executive officer now owns 1,392,573 shares of the company’s stock, valued at approximately $309,875,343.96. The disclosure for this sale can be found here. In the last three months, insiders sold 334,500 shares of company stock worth $74,142,240. 0.05% of the stock is owned by insiders.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions 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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