Stevens Capital Management LP Invests $17.50 Million in Microsoft Co. (MSFT) Stock

Stevens Capital Management LP bought a new stake in Microsoft Co. (NASDAQ:MSFT) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 177,505 shares of the software giant’s stock, valued at approximately $17,504,000.

A number of other large investors have also bought and sold shares of MSFT. KAMES CAPITAL plc grew its position in Microsoft by 9.2% in the first quarter. KAMES CAPITAL plc now owns 386,537 shares of the software giant’s stock valued at $35,174,000 after purchasing an additional 32,655 shares in the last quarter. Pictet & Cie Europe SA grew its position in Microsoft by 15.2% in the first quarter. Pictet & Cie Europe SA now owns 82,083 shares of the software giant’s stock valued at $7,492,000 after purchasing an additional 10,835 shares in the last quarter. KBC Group NV grew its position in Microsoft by 3.5% in the first quarter. KBC Group NV now owns 3,081,681 shares of the software giant’s stock valued at $281,265,000 after purchasing an additional 105,036 shares in the last quarter. Findlay Park Partners LLP grew its position in Microsoft by 3.0% in the first quarter. Findlay Park Partners LLP now owns 7,461,728 shares of the software giant’s stock valued at $681,032,000 after purchasing an additional 214,978 shares in the last quarter. Finally, Trillium Asset Management LLC grew its position in Microsoft by 0.8% in the first quarter. Trillium Asset Management LLC now owns 410,983 shares of the software giant’s stock valued at $37,511,000 after purchasing an additional 3,416 shares in the last quarter. Institutional investors own 71.90% of the company’s stock.

In other Microsoft news, CMO Christopher C. Capossela sold 10,000 shares of Microsoft stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $111.77, for a total value of $1,117,700.00. Following the completion of the sale, the chief marketing officer now owns 177,931 shares in the company, valued at approximately $19,887,347.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satya Nadella sold 203,418 shares of Microsoft stock in a transaction dated Friday, October 26th. The stock was sold at an average price of $106.68, for a total transaction of $21,700,632.24. Following the completion of the sale, the chief executive officer now owns 1,014,247 shares of the company’s stock, valued at approximately $108,199,869.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 331,080 shares of company stock valued at $35,679,993. 1.49% of the stock is currently owned by corporate insiders.

NASDAQ MSFT opened at $108.52 on Thursday. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88. The stock has a market cap of $835.58 billion, a PE ratio of 27.97, a P/E/G ratio of 1.96 and a beta of 1.25. Microsoft Co. has a 52-week low of $80.98 and a 52-week high of $116.18.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.18. The company had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. Microsoft’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.84 EPS. As a group, equities research analysts expect that Microsoft Co. will post 4.43 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 21st will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, February 20th. Microsoft’s dividend payout ratio is presently 47.42%.

A number of research analysts recently weighed in on the stock. Macquarie set a $125.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Monday, November 19th. Credit Suisse Group set a $125.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Monday, November 19th. Wedbush reissued an “outperform” rating and issued a $140.00 price objective on shares of Microsoft in a research report on Thursday, November 29th. Citigroup lifted their price objective on shares of Microsoft from $113.00 to $114.00 and gave the company a “neutral” rating in a research report on Thursday, October 25th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $120.00 price objective on shares of Microsoft in a research report on Thursday, October 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $121.88.

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Microsoft Profile

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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