Gator Capital Management LLC Acquires New Position in Microsoft Co. (MSFT)

Gator Capital Management LLC acquired a new position in Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,000 shares of the software giant’s stock, valued at approximately $1,026,000.

Other large investors have also recently made changes to their positions in the company. Private Wealth Partners LLC lifted its holdings in Microsoft by 0.6% during the third quarter. Private Wealth Partners LLC now owns 270,524 shares of the software giant’s stock worth $20,151,000 after buying an additional 1,511 shares during the period. RNC Capital Management LLC lifted its holdings in Microsoft by 0.6% during the fourth quarter. RNC Capital Management LLC now owns 535,705 shares of the software giant’s stock worth $45,824,000 after buying an additional 2,977 shares during the period. AXA lifted its holdings in Microsoft by 11.2% during the third quarter. AXA now owns 3,830,658 shares of the software giant’s stock worth $285,346,000 after buying an additional 384,951 shares during the period. Stephens Inc. AR lifted its holdings in Microsoft by 6.0% during the third quarter. Stephens Inc. AR now owns 387,892 shares of the software giant’s stock worth $28,894,000 after buying an additional 22,102 shares during the period. Finally, Diversified Trust Co lifted its holdings in Microsoft by 22.8% during the fourth quarter. Diversified Trust Co now owns 15,920 shares of the software giant’s stock worth $1,362,000 after buying an additional 2,955 shares during the period. 73.64% of the stock is currently owned by institutional investors.

Several analysts have recently commented on MSFT shares. KeyCorp increased their price objective on Microsoft from $106.00 to $110.00 and gave the company an “overweight” rating in a report on Thursday, February 1st. MED reiterated a “buy” rating on shares of Microsoft in a report on Tuesday, May 8th. Stifel Nicolaus increased their price objective on Microsoft from $105.00 to $107.00 and gave the company a “buy” rating in a report on Friday, April 27th. Royal Bank of Canada set a $100.00 price objective on Microsoft and gave the company a “buy” rating in a report on Monday, January 22nd. Finally, Tigress Financial reiterated a “buy” rating on shares of Microsoft in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirty-three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $103.13.

Shares of MSFT opened at $96.36 on Friday. The stock has a market cap of $740.57 billion, a price-to-earnings ratio of 29.11, a P/E/G ratio of 2.12 and a beta of 1.04. The company has a debt-to-equity ratio of 1.00, a quick ratio of 3.35 and a current ratio of 3.40. Microsoft Co. has a fifty-two week low of $67.43 and a fifty-two week high of $98.69.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, April 26th. The software giant reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.10. The company had revenue of $26.82 billion for the quarter, compared to the consensus estimate of $25.78 billion. Microsoft had a return on equity of 36.49% and a net margin of 13.72%. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same period last year, the firm earned $0.73 EPS. analysts expect that Microsoft Co. will post 3.8 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 14th. Shareholders of record on Thursday, May 17th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.74%. The ex-dividend date is Wednesday, May 16th. Microsoft’s dividend payout ratio is currently 50.76%.

In other Microsoft news, EVP Christopher C. Capossela sold 3,500 shares of the 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 sale, the executive vice president now directly owns 171,278 shares of the company’s stock, valued at approximately $15,928,854. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.49% of the stock is currently owned by company insiders.

About Microsoft

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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