Advisory Services & Investments LLC Purchases 160 Shares of Microsoft Co. (NASDAQ:MSFT)

Advisory Services & Investments LLC raised its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 1.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,688 shares of the software giant’s stock after purchasing an additional 160 shares during the period. Microsoft makes up about 2.2% of Advisory Services & Investments LLC’s investment portfolio, making the stock its 15th biggest holding. Advisory Services & Investments LLC’s holdings in Microsoft were worth $2,679,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MSFT. Shore Point Advisors LLC acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $40,000. Tobam boosted its holdings in shares of Microsoft by 15,400.0% in the first quarter. Tobam now owns 155 shares of the software giant’s stock valued at $48,000 after buying an additional 154 shares during the period. Artemis Wealth Advisors LLC acquired a new position in shares of Microsoft in the first quarter valued at approximately $68,000. Castle Financial & Retirement Planning Associates Inc. acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $80,000. Finally, Evolution Advisers Inc. acquired a new position in Microsoft during the fourth quarter worth $84,000. Institutional investors own 69.99% of the company’s stock.

Microsoft Trading Up 1.6 %

Shares of MSFT stock opened at $280.74 on Monday. The company has a current ratio of 1.99, a quick ratio of 1.95 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.10 trillion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 2.01 and a beta of 0.93. The stock has a 50 day simple moving average of $261.36 and a 200 day simple moving average of $281.11. Microsoft Co. has a 1 year low of $241.51 and a 1 year high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last issued its quarterly earnings results on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a net margin of 37.63% and a return on equity of 44.85%. During the same period in the prior year, the firm earned $2.17 earnings per share. On average, research analysts predict that Microsoft Co. will post 9.27 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 0.88%. The ex-dividend date is Wednesday, August 17th. Microsoft’s payout ratio is presently 25.89%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several recent research reports. Wolfe Research reduced their target price on shares of Microsoft from $320.00 to $275.00 and set an “outperform” rating for the company in a report on Friday. Credit Suisse Group set a $400.00 target price on shares of Microsoft in a report on Tuesday, July 26th. Royal Bank of Canada set a $380.00 target price on shares of Microsoft in a report on Thursday, May 19th. Redburn Partners initiated coverage on shares of Microsoft in a report on Wednesday, June 29th. They set a “buy” rating and a $370.00 target price for the company. Finally, Evercore ISI reduced their target price on shares of Microsoft from $370.00 to $330.00 and set an “inline” rating for the company in a report on Wednesday, April 27th. One analyst has rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average price target of $334.80.

Microsoft Profile

(Get Rating)

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 organizations and enterprise divisions.

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