Campbell Wealth Management lowered its position in Microsoft Co. (NASDAQ:MSFT) by 1.1% during the 2nd quarter, Holdings Channel reports. The fund owned 8,585 shares of the software giant’s stock after selling 92 shares during the period. Microsoft makes up 0.3% of Campbell Wealth Management’s portfolio, making the stock its 17th largest holding. Campbell Wealth Management’s holdings in Microsoft were worth $1,747,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Selective Wealth Management Inc. lifted its holdings in shares of Microsoft by 26.9% in the second quarter. Selective Wealth Management Inc. now owns 236 shares of the software giant’s stock valued at $48,000 after purchasing an additional 50 shares in the last quarter. Avondale Wealth Management lifted its holdings in shares of Microsoft by 25.4% in the first quarter. Avondale Wealth Management now owns 464 shares of the software giant’s stock valued at $73,000 after purchasing an additional 94 shares in the last quarter. Sofos Investments Inc. lifted its holdings in shares of Microsoft by 15.5% in the first quarter. Sofos Investments Inc. now owns 2,552 shares of the software giant’s stock valued at $81,000 after purchasing an additional 343 shares in the last quarter. Cypress Capital Management LLC WY lifted its holdings in shares of Microsoft by 14.3% in the first quarter. Cypress Capital Management LLC WY now owns 761 shares of the software giant’s stock valued at $120,000 after purchasing an additional 95 shares in the last quarter. Finally, Lake Point Wealth Management lifted its holdings in shares of Microsoft by 32.8% in the first quarter. Lake Point Wealth Management now owns 777 shares of the software giant’s stock valued at $123,000 after purchasing an additional 192 shares in the last quarter. Institutional investors and hedge funds own 70.59% of the company’s stock.
Shares of NASDAQ MSFT opened at $205.01 on Friday. The stock has a market cap of $1,546.26 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 2.33 and a beta of 0.93. Microsoft Co. has a fifty-two week low of $130.78 and a fifty-two week high of $216.38. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.49 and a current ratio of 2.52. The stock has a fifty day moving average of $202.18 and a 200-day moving average of $178.77.
Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, July 22nd. The software giant reported $1.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.12. Microsoft had a return on equity of 39.45% and a net margin of 30.96%. The business had revenue of $38.03 billion during the quarter, compared to analysts’ expectations of $36.59 billion. On average, sell-side analysts predict that Microsoft Co. will post 6.39 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Wednesday, August 19th. Microsoft’s dividend payout ratio (DPR) is currently 35.42%.
A number of analysts recently commented on MSFT shares. Wedbush lifted their price target on Microsoft from $220.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Sanford C. Bernstein reiterated a “buy” rating and set a $233.00 price target on shares of Microsoft in a report on Thursday, July 23rd. Cowen reiterated an “outperform” rating and set a $190.00 price target (down from $200.00) on shares of Microsoft in a report on Friday, April 17th. Tigress Financial reiterated a “buy” rating on shares of Microsoft in a report on Friday. Finally, William Blair reiterated a “buy” rating on shares of Microsoft in a report on Monday, July 20th. Four research analysts have rated the stock with a hold rating, thirty-three have assigned a buy rating and one has issued a strong buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and a consensus target price of $213.23.
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.
Read More: What Factors Can Affect Return on Equity?
Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT).
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.