Microsoft Co. (NASDAQ:MSFT) Shares Bought by Lincoln Capital LLC

Lincoln Capital LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 47,741 shares of the software giant’s stock after buying an additional 359 shares during the quarter. Microsoft accounts for approximately 2.7% of Lincoln Capital LLC’s investment portfolio, making the stock its 15th largest holding. Lincoln Capital LLC’s holdings in Microsoft were worth $4,849,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Highwater Wealth Management LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $27,000. Quantamental Technologies LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $26,000. Mackey Komara & Dankovich LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $30,000. Pearl River Capital LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $38,000. Finally, Ayalon Holdings Ltd. bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $41,000. 72.10% of the stock is currently owned by hedge funds and other institutional investors.

In other Microsoft news, EVP Kathleen T. Hogan sold 15,947 shares of the stock in a transaction on Monday, June 10th. The shares were sold at an average price of $133.17, for a total value of $2,123,661.99. Following the sale, the executive vice president now directly owns 202,518 shares in the company, valued at $26,969,322.06. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Christopher C. Capossela sold 3,000 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $128.87, for a total transaction of $386,610.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 216,247 shares of company stock worth $28,204,754. Company insiders own 1.38% of the company’s stock.

MSFT opened at $132.32 on Friday. The company has a current ratio of 2.97, a quick ratio of 2.93 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $1,007.58 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.31 and a beta of 1.22. Microsoft Co. has a twelve month low of $93.96 and a twelve month high of $134.24.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.14. The company had revenue of $30.57 billion for the quarter, compared to analyst estimates of $29.86 billion. Microsoft had a net margin of 28.58% and a return on equity of 39.34%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. Research analysts predict that Microsoft Co. will post 4.58 earnings per share for the current year.

MSFT has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Microsoft from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. BMO Capital Markets increased their price target on shares of Microsoft from $125.00 to $147.00 and gave the company an “outperform” rating in a research note on Thursday, April 25th. Wedbush reissued an “outperform” rating and set a $155.00 price target on shares of Microsoft in a research note on Thursday. Barclays increased their price target on shares of Microsoft from $132.00 to $152.00 and gave the company an “overweight” rating in a research note on Thursday, April 25th. Finally, KeyCorp reissued a “buy” rating and set a $143.00 price target on shares of Microsoft in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-five have given a buy rating and three have given a strong buy rating to the company. Microsoft has a consensus rating of “Buy” and an average price target of $135.75.

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About Microsoft

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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