Planning Alternatives Ltd. ADV Invests $949,000 in Microsoft Co. (MSFT) Stock

Planning Alternatives Ltd. ADV acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the second quarter, HoldingsChannel.com reports. The fund acquired 9,621 shares of the software giant’s stock, valued at approximately $949,000.

A number of other institutional investors also recently bought and sold shares of MSFT. BlackRock Inc. lifted its position in Microsoft by 1.3% during the 1st quarter. BlackRock Inc. now owns 499,849,770 shares of the software giant’s stock worth $45,621,287,000 after acquiring an additional 6,488,089 shares during the period. Summit Trail Advisors LLC lifted its position in Microsoft by 5,931.9% during the 1st quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock worth $4,562,000 after acquiring an additional 4,486,569 shares during the period. Polen Capital Management LLC lifted its position in Microsoft by 52.3% during the 1st quarter. Polen Capital Management LLC now owns 11,012,266 shares of the software giant’s stock worth $1,005,090,000 after acquiring an additional 3,781,879 shares during the period. Cornerstone Wealth Management LLC lifted its position in Microsoft by 10,330.4% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 3,661,393 shares of the software giant’s stock worth $36,609,000 after acquiring an additional 3,626,290 shares during the period. Finally, PointState Capital LP lifted its position in Microsoft by 7,456.3% during the 1st quarter. PointState Capital LP now owns 3,551,481 shares of the software giant’s stock worth $324,144,000 after acquiring an additional 3,504,481 shares during the period. 71.92% of the stock is owned by institutional investors.

A number of analysts have weighed in on MSFT shares. Royal Bank of Canada reaffirmed a “$104.40” rating and set a $115.00 price objective on shares of Microsoft in a research report on Thursday, July 19th. Deutsche Bank reaffirmed a “$105.12” rating on shares of Microsoft in a research report on Wednesday, July 18th. Credit Suisse Group reissued a “$105.12” rating and issued a $115.00 price target on shares of Microsoft in a report on Wednesday, July 18th. Argus raised their price target on Microsoft from $116.00 to $128.00 and gave the company a “$107.97” rating in a report on Monday, July 23rd. Finally, KeyCorp reissued a “buy” rating and issued a $110.00 price target on shares of Microsoft in a report on Tuesday, July 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and an average price target of $121.88.

In related news, CEO Satya Nadella sold 328,000 shares of Microsoft stock in a transaction on Friday, August 10th. The stock was sold at an average price of $109.44, for a total transaction of $35,896,320.00. Following the completion of the transaction, the chief executive officer now directly owns 778,596 shares of the company’s stock, valued at $85,209,546.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jean Philippe Courtois sold 28,941 shares of Microsoft stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $109.00, for a total value of $3,154,569.00. Following the transaction, the insider now directly owns 529,721 shares of the company’s stock, valued at $57,739,589. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 826,460 shares of company stock valued at $90,058,992. 1.49% of the stock is currently owned by insiders.

Shares of MSFT stock opened at $106.16 on Friday. The firm has a market cap of $817.41 billion, a P/E ratio of 25.40, a PEG ratio of 1.94 and a beta of 1.26. Microsoft Co. has a 1 year low of $80.70 and a 1 year high of $116.18. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.18. The firm had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. Microsoft’s revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 earnings per share. As a group, research analysts predict that Microsoft Co. will post 4.39 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Thursday, November 15th will be issued a dividend of $0.46 per share. The ex-dividend date is Wednesday, November 14th. This is a boost from Microsoft’s previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 1.73%. Microsoft’s payout ratio is currently 43.30%.

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 for businesses, 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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