Worldquant Millennium Advisors LLC Has $136.94 Million Position in Microsoft Co. (NASDAQ:MSFT)


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Worldquant Millennium Advisors LLC trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 3.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 615,666 shares of the software giant’s stock after selling 24,086 shares during the quarter. Microsoft comprises about 3.0% of Worldquant Millennium Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Worldquant Millennium Advisors LLC’s holdings in Microsoft were worth $136,936,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Stuart Chaussee & Associates Inc. grew its position in shares of Microsoft by 2.4% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 1,780 shares of the software giant’s stock worth $396,000 after buying an additional 42 shares during the period. Nottingham Advisors Inc. grew its position in shares of Microsoft by 0.5% during the 4th quarter. Nottingham Advisors Inc. now owns 8,996 shares of the software giant’s stock worth $2,001,000 after buying an additional 44 shares during the period. Magnolia Capital Advisors LLC grew its position in shares of Microsoft by 0.8% during the 4th quarter. Magnolia Capital Advisors LLC now owns 5,951 shares of the software giant’s stock worth $1,324,000 after buying an additional 47 shares during the period. Pettinga Financial Advisors LLC grew its position in shares of Microsoft by 0.9% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 5,132 shares of the software giant’s stock worth $1,079,000 after buying an additional 48 shares during the period. Finally, Bender Robert & Associates grew its position in shares of Microsoft by 0.4% during the 4th quarter. Bender Robert & Associates now owns 11,170 shares of the software giant’s stock worth $2,484,000 after buying an additional 48 shares during the period. Hedge funds and other institutional investors own 69.01% of the company’s stock.

Several brokerages have recently commented on MSFT. Royal Bank of Canada raised their price objective on shares of Microsoft from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 27th. Wedbush lifted their price target on shares of Microsoft from $285.00 to $300.00 and gave the company an “outperform” rating in a research report on Tuesday, February 16th. JPMorgan Chase & Co. lifted their price target on shares of Microsoft from $220.00 to $245.00 and gave the company an “overweight” rating in a research report on Wednesday, January 27th. The Goldman Sachs Group raised shares of Microsoft from a “buy” rating to a “conviction-buy” rating and set a $315.00 price target for the company in a research report on Monday, March 8th. Finally, Barclays lifted their price target on shares of Microsoft from $250.00 to $269.00 and gave the company an “overweight” rating in a research report on Wednesday, January 27th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and three have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $268.28.

In related news, EVP Jean Philippe Courtois sold 18,358 shares of the business’s stock in a transaction that occurred on Thursday, January 28th. The stock was sold at an average price of $239.60, for a total value of $4,398,576.80. Following the completion of the sale, the executive vice president now owns 593,915 shares in the company, valued at approximately $142,302,034. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Emma N. Walmsley bought 4,300 shares of the company’s stock in a transaction that occurred on Wednesday, March 10th. The stock was purchased at an average price of $236.80 per share, with a total value of $1,018,240.00. Following the transaction, the director now directly owns 5,026 shares in the company, valued at $1,190,156.80. The disclosure for this purchase can be found here. 0.05% of the stock is currently owned by insiders.

MSFT stock opened at $249.90 on Thursday. The company has a quick ratio of 2.49, a current ratio of 2.53 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $1.88 trillion, a PE ratio of 40.37, a PEG ratio of 2.44 and a beta of 0.83. Microsoft Co. has a twelve month low of $162.30 and a twelve month high of $250.93. The stock has a 50-day simple moving average of $235.85 and a two-hundred day simple moving average of $222.92.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Monday, January 25th. The software giant reported $2.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.39. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. The business had revenue of $43.08 billion during the quarter, compared to analyst estimates of $40.23 billion. During the same quarter in the previous year, the firm earned $1.51 EPS. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. On average, equities research analysts anticipate that Microsoft Co. will post 6.73 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 10th. Stockholders of record on Thursday, May 20th will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Wednesday, May 19th. Microsoft’s payout ratio is 38.89%.

Microsoft Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions 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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