Microsoft Co. (MSFT) Shares Bought by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 63.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,442 shares of the software giant’s stock after purchasing an additional 15,376 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Microsoft were worth $3,373,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Acrospire Investment Management LLC raised its stake in Microsoft by 300.0% during the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after purchasing an additional 1,200 shares in the last quarter. Stelac Advisory Services LLC raised its stake in Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after purchasing an additional 387 shares in the last quarter. Pacific Center for Financial Services raised its stake in Microsoft by 3.0% during the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after purchasing an additional 75 shares in the last quarter. AlphaMark Advisors LLC raised its stake in Microsoft by 1.1% during the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after purchasing an additional 30 shares in the last quarter. Finally, Family Capital Trust Co purchased a new stake in Microsoft during the fourth quarter valued at $188,000. 73.85% of the stock is currently owned by institutional investors.

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In related news, CMO Christopher C. Capossela sold 3,000 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $93.30, for a total value of $279,900.00. Following the completion of the sale, the chief marketing officer now directly owns 178,278 shares of the company’s stock, valued at $16,633,337.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 transaction of $325,500.00. Following the completion of the sale, the executive vice president now directly owns 171,278 shares of the company’s stock, valued at $15,928,854. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,000 shares of company stock worth $930,900. Company insiders own 1.49% of the company’s stock.

A number of equities research analysts recently issued reports on the stock. Deutsche Bank set a $120.00 price target on shares of Microsoft and gave the company a “buy” rating in a research note on Monday, March 12th. UBS set a $110.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Wells Fargo set a $105.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Royal Bank of Canada set a $105.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, February 1st. Finally, Macquarie set a $95.00 price objective on shares of Microsoft and gave the company a “neutral” rating in a research report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the stock. Microsoft has a consensus rating of “Buy” and an average price target of $100.14.

NASDAQ MSFT opened at $90.23 on Monday. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $694,752.38, a PE ratio of 27.26, a P/E/G ratio of 2.09 and a beta of 1.07. Microsoft Co. has a 12 month low of $64.85 and a 12 month high of $97.24.

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

The business also recently declared 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. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Wednesday, May 16th. Microsoft’s payout ratio is presently 50.76%.

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Microsoft 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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