WealthTrust Fairport LLC Has $9.55 Million Stake in Microsoft Co. (MSFT)

WealthTrust Fairport LLC grew its stake in Microsoft Co. (NASDAQ:MSFT) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,259 shares of the software giant’s stock after acquiring an additional 831 shares during the quarter. Microsoft comprises about 1.0% of WealthTrust Fairport LLC’s portfolio, making the stock its 25th biggest position. WealthTrust Fairport LLC’s holdings in Microsoft were worth $9,554,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in MSFT. Acrospire Investment Management LLC grew its stake in Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after buying an additional 1,200 shares during the last quarter. Stelac Advisory Services LLC grew its stake in Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after buying an additional 387 shares during the last quarter. Pacific Center for Financial Services grew its stake in Microsoft by 3.0% during the 2nd quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock worth $177,000 after buying an additional 75 shares during the last quarter. AlphaMark Advisors LLC grew its stake in Microsoft by 1.1% during the 2nd quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock worth $185,000 after buying an additional 30 shares during the last quarter. Finally, NewSquare Capital LLC grew its stake in Microsoft by 470.8% during the 3rd quarter. NewSquare Capital LLC now owns 119,729 shares of the software giant’s stock worth $193,000 after buying an additional 98,752 shares during the last quarter. Institutional investors and hedge funds own 73.85% of the company’s stock.

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Several research analysts recently weighed in on the company. ValuEngine upgraded Microsoft from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Vetr downgraded Microsoft from a “buy” rating to a “hold” rating and set a $93.54 target price on the stock. in a research note on Wednesday, January 17th. Instinet assumed coverage on Microsoft in a research note on Thursday, January 25th. They set a “buy” rating on the stock. Zacks Investment Research downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Finally, UBS set a $105.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Friday, January 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $100.14.

In related news, CMO Christopher C. Capossela sold 3,000 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $93.30, for a total value of $279,900.00. Following the completion of the transaction, the chief marketing officer now owns 178,278 shares of the company’s stock, valued at approximately $16,633,337.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Christopher C. Capossela sold 3,500 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $93.00, for a total value of $325,500.00. Following the completion of the transaction, the executive vice president now directly owns 171,278 shares of the company’s stock, valued at approximately $15,928,854. The disclosure for this sale can be found here. In the last three months, insiders sold 10,000 shares of company stock valued at $930,900. Insiders own 1.49% of the company’s stock.

Shares of MSFT stock opened at $90.23 on Friday. The stock has a market capitalization of $710,921.88, a PE ratio of 27.26, a P/E/G ratio of 2.14 and a beta of 1.07. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. Microsoft Co. has a 52-week low of $64.85 and a 52-week high of $97.24.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.09. The business had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 EPS. equities research analysts expect that Microsoft Co. will post 3.63 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Stockholders of record on Thursday, May 17th will be issued a $0.42 dividend. The ex-dividend date is Wednesday, May 16th. This represents a $1.68 annualized dividend and a dividend yield of 1.86%. Microsoft’s dividend payout ratio (DPR) is presently 50.76%.

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Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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