Microsoft Co. (MSFT) Shares Sold by Bell & Brown Wealth Advisors LLC

Bell & Brown Wealth Advisors LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 14.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 18,398 shares of the software giant’s stock after selling 3,208 shares during the period. Microsoft makes up approximately 1.8% of Bell & Brown Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Bell & Brown Wealth Advisors LLC’s holdings in Microsoft were worth $1,719,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MSFT. Morse Asset Management Inc boosted its position in Microsoft by 1.3% in the first quarter. Morse Asset Management Inc now owns 85,040 shares of the software giant’s stock valued at $7,762,000 after buying an additional 1,120 shares during the last quarter. D.B. Root & Company LLC lifted its holdings in Microsoft by 111.6% in the first quarter. D.B. Root & Company LLC now owns 28,819 shares of the software giant’s stock valued at $2,630,000 after acquiring an additional 15,201 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its holdings in Microsoft by 10.8% in the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 851,392 shares of the software giant’s stock valued at $75,782,000 after acquiring an additional 83,118 shares during the period. Turim 21 Investimentos Ltda. lifted its holdings in Microsoft by 3.7% in the first quarter. Turim 21 Investimentos Ltda. now owns 101,073 shares of the software giant’s stock valued at $9,225,000 after acquiring an additional 3,583 shares during the period. Finally, Macguire Cheswick & Tuttle Investment Counsel LLC lifted its holdings in Microsoft by 1.3% in the first quarter. Macguire Cheswick & Tuttle Investment Counsel LLC now owns 110,586 shares of the software giant’s stock valued at $10,093,000 after acquiring an additional 1,440 shares during the period. Institutional investors and hedge funds own 72.27% of the company’s stock.

Shares of MSFT opened at $100.41 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.40 and a quick ratio of 3.35. Microsoft Co. has a one year low of $68.02 and a one year high of $102.69. The company has a market cap of $784.38 billion, a P/E ratio of 30.34, a PEG ratio of 2.22 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, April 26th. The software giant reported $0.95 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.10. Microsoft had a return on equity of 36.49% and a net margin of 13.72%. The firm had revenue of $26.82 billion during the quarter, compared to analysts’ expectations of $25.78 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The firm’s revenue for the quarter was up 15.5% on a year-over-year basis. equities analysts predict that Microsoft Co. will post 3.84 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 13th. Investors of record on Thursday, August 16th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Wednesday, August 15th. Microsoft’s payout ratio is 50.76%.

A number of research analysts have issued reports on the company. Jefferies Financial Group set a $75.00 price target on Microsoft and gave the company a “sell” rating in a report on Monday, June 18th. Barclays reissued a “buy” rating and issued a $108.00 price target on shares of Microsoft in a report on Thursday, June 14th. Stifel Nicolaus reissued a “buy” rating and issued a $107.00 price target on shares of Microsoft in a report on Wednesday, June 13th. Macquarie reissued a “neutral” rating and issued a $100.00 price target on shares of Microsoft in a report on Wednesday, June 13th. Finally, UBS Group set a $114.00 price target on Microsoft and gave the company a “buy” rating in a report on Wednesday, June 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $105.49.

In other news, Director Sandra E. Peterson purchased 5,400 shares of the company’s stock in a transaction that occurred on Tuesday, June 5th. The stock was purchased at an average cost of $101.96 per share, for a total transaction of $550,584.00. Following the completion of the transaction, the director now owns 5,400 shares of the company’s stock, valued at $550,584. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher C. Capossela sold 10,000 shares of the company’s stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $100.99, for a total value of $1,009,900.00. Following the completion of the sale, the executive vice president now owns 158,601 shares of the company’s stock, valued at $16,017,114.99. The disclosure for this sale can be found here. 1.49% of the stock is currently owned by insiders.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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