Microsoft Co. (NASDAQ:MSFT) Position Raised by Symphony Financial Ltd. Co.


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Symphony Financial Ltd. Co. grew its stake in Microsoft Co. (NASDAQ:MSFT) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,592 shares of the software giant’s stock after purchasing an additional 1,425 shares during the period. Microsoft comprises approximately 3.5% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 4th largest holding. Symphony Financial Ltd. Co.’s holdings in Microsoft were worth $9,707,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in MSFT. BW Gestao de Investimentos Ltda. raised its stake in Microsoft by 55.1% in the 3rd quarter. BW Gestao de Investimentos Ltda. now owns 59,540 shares of the software giant’s stock valued at $12,523,000 after purchasing an additional 21,148 shares during the last quarter. Red Cedar Investment Management LLC raised its stake in Microsoft by 34.5% in the 3rd quarter. Red Cedar Investment Management LLC now owns 23,836 shares of the software giant’s stock valued at $5,013,000 after purchasing an additional 6,119 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its stake in Microsoft by 61.0% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 59,886 shares of the software giant’s stock valued at $12,596,000 after purchasing an additional 22,679 shares during the last quarter. Ninety One SA PTY Ltd raised its stake in Microsoft by 10.0% in the 3rd quarter. Ninety One SA PTY Ltd now owns 53,046 shares of the software giant’s stock valued at $11,109,000 after purchasing an additional 4,835 shares during the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC raised its stake in Microsoft by 19.7% in the 3rd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 10,744 shares of the software giant’s stock valued at $2,260,000 after purchasing an additional 1,768 shares during the last quarter. 63.89% of the stock is owned by institutional investors and hedge funds.

In other Microsoft news, EVP Kathleen T. Hogan sold 30,000 shares of Microsoft stock in a transaction that occurred on Wednesday, December 9th. The stock was sold at an average price of $212.43, for a total value of $6,372,900.00. Following the transaction, the executive vice president now directly owns 189,064 shares in the company, valued at approximately $40,162,865.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Satya Nadella sold 104,500 shares of Microsoft stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $222.52, for a total value of $23,253,340.00. Following the completion of the transaction, the chief executive officer now owns 1,392,573 shares in the company, valued at $309,875,343.96. The disclosure for this sale can be found here. Insiders sold a total of 334,500 shares of company stock worth $74,142,240 over the last quarter. Company insiders own 0.05% of the company’s stock.

MSFT has been the subject of several analyst reports. Bank of America restated a “buy” rating and issued a $256.00 target price on shares of Microsoft in a report on Wednesday, December 16th. Piper Sandler upped their target price on Microsoft from $218.00 to $245.00 and gave the company an “overweight” rating in a report on Wednesday, October 28th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded Microsoft from a “neutral” rating to a “buy” rating and upped their target price for the company from $229.00 to $272.00 in a report on Monday, December 21st. Barclays restated a “buy” rating and issued a $250.00 target price on shares of Microsoft in a report on Wednesday, October 28th. Finally, Stifel Nicolaus increased their price target on Microsoft from $220.00 to $245.00 and gave the stock a “buy” rating in a report on Tuesday, October 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-two have assigned a buy rating and two have assigned a strong buy rating to the stock. Microsoft currently has an average rating of “Buy” and an average target price of $236.71.

MSFT opened at $216.34 on Thursday. The firm has a market cap of $1.64 trillion, a price-to-earnings ratio of 34.95, a price-to-earnings-growth ratio of 2.54 and a beta of 0.82. Microsoft Co. has a 52 week low of $132.52 and a 52 week high of $232.86. The business’s 50 day moving average is $217.71 and its two-hundred 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 released its quarterly earnings results on Tuesday, October 27th. The software giant reported $1.82 EPS for the quarter, topping the consensus estimate of $1.53 by $0.29. The company had revenue of $37.15 billion for the quarter, compared to analyst estimates of $35.67 billion. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. Equities analysts expect that Microsoft Co. will post 6.73 EPS for the current fiscal year.

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

Microsoft 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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