Microsoft Co. (NASDAQ:MSFT) Holdings Reduced by Investmentaktiengesellschaft Fuer Langfristige Investoren TGV

Investmentaktiengesellschaft Fuer Langfristige Investoren TGV cut its position in Microsoft Co. (NASDAQ:MSFT) by 49.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 758,000 shares of the software giant’s stock after selling 750,000 shares during the quarter. Microsoft comprises about 13.4% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings, making the stock its 3rd largest position. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings in Microsoft were worth $105,385,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LFA Lugano Financial Advisors SA raised its position in Microsoft by 274.5% during the 2nd quarter. LFA Lugano Financial Advisors SA now owns 191 shares of the software giant’s stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. Krane Funds Advisors LLC bought a new position in Microsoft during the 2nd quarter valued at approximately $26,000. Centaurus Financial Inc. raised its position in Microsoft by 21.1% during the 1st quarter. Centaurus Financial Inc. now owns 3,222 shares of the software giant’s stock valued at $27,000 after purchasing an additional 561 shares during the last quarter. Atwater Malick LLC bought a new position in Microsoft during the 3rd quarter valued at approximately $37,000. Finally, AlphaOne Investment Services LLC bought a new position in Microsoft during the 2nd quarter valued at approximately $51,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Several research analysts have recently issued reports on MSFT shares. BidaskClub lowered Microsoft from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 19th. Wells Fargo & Co set a $160.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Friday, July 19th. Goldman Sachs Group reissued a “buy” rating and issued a $151.00 target price on shares of Microsoft in a research report on Wednesday, October 23rd. ValuEngine lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Barclays set a $168.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Friday, November 1st. One research analyst has rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $159.45.

In other Microsoft news, CMO Christopher C. Capossela sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $138.15, for a total transaction of $967,050.00. Following the completion of the transaction, the chief marketing officer now owns 122,817 shares in the company, valued at $16,967,168.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Amy Hood sold 123,769 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $137.26, for a total value of $16,988,532.94. Following the completion of the sale, the chief financial officer now owns 433,940 shares of the company’s stock, valued at approximately $59,562,604.40. The disclosure for this sale can be found here. Insiders sold 339,804 shares of company stock worth $46,790,619 over the last ninety days. Insiders own 1.39% of the company’s stock.

Shares of MSFT stock traded up $1.70 on Friday, reaching $145.96. The stock had a trading volume of 16,732,100 shares, compared to its average volume of 25,306,443. Microsoft Co. has a 1 year low of $93.96 and a 1 year high of $145.99. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.81 and a current ratio of 2.85. The company has a 50 day simple moving average of $139.85 and a 200 day simple moving average of $135.04. The stock has a market cap of $1,102.06 billion, a P/E ratio of 30.73, a price-to-earnings-growth ratio of 2.27 and a beta of 1.23.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, October 23rd. The software giant reported $1.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.14. Microsoft had a return on equity of 39.14% and a net margin of 31.66%. The firm had revenue of $33.06 billion for the quarter, compared to analysts’ expectations of $32.24 billion. During the same period in the previous year, the firm posted $1.14 earnings per share. The business’s revenue was up 13.7% compared to the same quarter last year. On average, equities research analysts anticipate that Microsoft Co. will post 5.35 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.40%. This is a boost from Microsoft’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Wednesday, November 20th. Microsoft’s payout ratio is 38.74%.

Microsoft declared that its Board of Directors has approved a share repurchase program on Wednesday, September 18th that allows the company to repurchase $40.00 billion in shares. This repurchase authorization allows the software giant to reacquire up to 3.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

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, 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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