Microsoft Co. (NASDAQ:MSFT) Stock Holdings Raised by Truvestments Capital LLC


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Truvestments Capital LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,000 shares of the software giant’s stock after purchasing an additional 176 shares during the period. Microsoft comprises 1.9% of Truvestments Capital LLC’s investment portfolio, making the stock its 5th largest position. Truvestments Capital LLC’s holdings in Microsoft were worth $2,669,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Resolute Partners Group bought a new position in Microsoft during the fourth quarter valued at approximately $26,000. Goodwin Investment Advisory bought a new position in Microsoft during the fourth quarter valued at approximately $28,000. NuWave Investment Management LLC lifted its position in Microsoft by 3,250.0% during the fourth quarter. NuWave Investment Management LLC now owns 134 shares of the software giant’s stock valued at $30,000 after purchasing an additional 130 shares during the period. JustInvest LLC lifted its position in Microsoft by 6.1% during the fourth quarter. JustInvest LLC now owns 82,199 shares of the software giant’s stock valued at $30,000 after purchasing an additional 4,736 shares during the period. Finally, Kinloch Capital LLC bought a new position in Microsoft during the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 69.01% of the company’s stock.

NASDAQ:MSFT opened at $249.90 on Thursday. The company has a market cap of $1.88 trillion, a PE ratio of 40.37, a P/E/G ratio of 2.44 and a beta of 0.83. Microsoft Co. has a twelve month low of $162.30 and a twelve month high of $250.93. The company has a current ratio of 2.53, a quick ratio of 2.49 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average is $235.85 and its two-hundred day moving average is $222.92.

Microsoft (NASDAQ:MSFT) last released its earnings results on Monday, January 25th. The software giant reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.39. The company had revenue of $43.08 billion for the quarter, compared to the consensus estimate of $40.23 billion. Microsoft had a net margin of 32.28% and a return on equity of 40.74%. Microsoft’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.51 EPS. As a group, analysts expect that Microsoft Co. will post 6.73 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Thursday, May 20th will be paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 0.90%. The ex-dividend date is Wednesday, May 19th. Microsoft’s payout ratio is 38.89%.

Several research analysts have weighed in on MSFT shares. Morgan Stanley increased their price target on shares of Microsoft from $285.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, March 11th. Sanford C. Bernstein reissued a “buy” rating and issued a $283.00 price objective on shares of Microsoft in a research note on Wednesday, January 27th. Argus increased their price objective on shares of Microsoft from $235.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, January 28th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of Microsoft from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $229.00 to $272.00 in a research note on Monday, December 21st. Finally, Bank of America increased their price objective on shares of Microsoft from $256.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, January 27th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $268.28.

In other news, Director Emma N. Walmsley bought 4,300 shares of the firm’s stock in a transaction that occurred on Wednesday, March 10th. The stock was purchased at an average cost of $236.80 per share, for a total transaction of $1,018,240.00. Following the purchase, the director now directly owns 5,026 shares in the company, valued at approximately $1,190,156.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Jean Philippe Courtois sold 18,358 shares of the business’s stock in a transaction on Thursday, January 28th. The shares were sold at an average price of $239.60, for a total transaction of $4,398,576.80. Following the completion of the transaction, the executive vice president now owns 593,915 shares of the company’s stock, valued at $142,302,034. The disclosure for this sale can be found here. Insiders own 0.05% of the company’s stock.

About Microsoft

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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