Centerpoint Advisors LLC improved its Microsoft Co. equity position (NASDAQ: MSFT) by 2.6% this quarter, according to the company in its last 13F filing with the SEC. The institutional investor held 17,705 shares of the software giant after earning another 454 shares during the quarter. Microsoft accounts for approximately 2.9% of Centerpoint Advisors LLC’s holdings, making it its 12th largest position. Centerpoint Advisors LLC’s shares in Microsoft were worth $3,603,000 at the end of the recent maximum reference period.
Several institutional investors have also bought and sold shares of the company recently. Selective Wealth Management Inc. increased its stake in Microsoft to 26.9% this quarter. Selective Wealth Management Inc. now owns 236 shares of the software giant valued at $48,000 after earning 50 more shares in the last quarter. KG-L Capital Management LLC increased its stake in Microsoft by up to 0.7% in the quarter of this time. KG-L Capital Management LLC now owns 7,764 shares of the software giant valued at $1,579,000 after earning 53 more shares in the last quarter. Prentiss Smith – Co. Inc. increased its stake in Microsoft by 0.5% in the first quarter. Prentiss Smith – Co. Inc. now owns 11,701 shares of the software giant valued at $1,845,000 after the acquisition of 58 more shares in the last quarter. Successful Portfolios LLC increased its stake in Microsoft by 0.3% in the quarter at this time. Successful Portfolios LLC now owns 16,656 shares of the software giant valued at $3,390,000 after earning another 58 shares in the last quarter. Finally, Howard Wealth Management LLC increased its stake in Microsoft by 1.3% in the first quarter. Howard Wealth Management LLC now owns 4,675 shares of the software giant valued at $737,000 after earning 60 more shares in the last quarter. 70.59% of the shares are held lately through institutional investors and hedge funds.
Several equity analysts commented on MSFT’s actions. Summit Insights began covering Microsoft’s inventories in a study report on Wednesday, May 27. They issued a “purchase note” and a target value of $220.00 for the company. Citigroup raised its value target on Microsoft inventories from $179.00 to $216.00 and gave the inventory a “neutral” rating in a study report on Thursday, July 16. William Blair reaffirmed a “buy” rating in Microsoft’s inventories in a study report on Monday, July. 20. Goldman Sachs Group set a $215.00 value target in Microsoft inventories and gave the inventory a “purchase” rating in a study report on Monday, July 20. Finally, Credit Suisse Group set a $225.00 value target in Microsoft inventories and gave inventory inventory a “buy” score in a study report on Monday, August 10. An investment analyst gave the inventory a sales score, 4 gave it a retention score, thirty-two gave it a buy and take score and one issued a strong buy score to rent for inventory. Microsoft has lately an average “Buy” score and an average target value of $213.23.
In other Microsoft news, Executive Vice President Jean Philippe Courtois sold 15,140 inventories of the company’s capital in a transaction on Thursday, August 6. Inventories were sold at an average value of $215.00 for a total cost of $3,255,100.00. As a result of the sale, the Executive Vice President now has 560,498 company inventories, at a cost of approximately $120,507,070. The sale is disclosed in a filing with the SEC, which will be made through the SEC’s website. 1.39% of inventory is maintained through insiders.
MSFT’s inventory shares opened at $208.90 on Monday. The inventory has a market capitalization of $1,580.88 billion, a P/E ratio of 36.33, a PEG ratio of 2.42 and a beta of 0.90. Microsoft Co. has a minimum of $132.25 for 52 weeks and a maximum of $217.64 for 52 weeks. The corporate has an immediate ratio of 2.49, an existing ratio of 2.52 and a debt ratio of 0.57. The company’s 50-day singles moving average is $206.55 and your two hundred-day moving average is $181.69.
Microsoft (NASDAQ: MSFT) last announced its quarterly effects on Wednesday, July 22. The software giant reported EPS of $1.46 for the quarter, surpassing the consensus estimate of $1.34 to $0.12. The company reported earnings of $38.03 billion for the quarter, with $36.59 billion expected through analysts. Microsoft had a net margin of 30.96% and a return to equity of 39.45%. On average, analysts expect Microsoft Co. BPA of 6.39 for the existing fiscal year.
The corporation also recently declared a quarterly dividend, which will be paid on Thursday, September 10. Shareholders indexed on Thursday, August 20, will receive a dividend of $0.51. This represents an annualized dividend of $2.04 and a 0.98% retracement. The ex-dividend date for this dividend is Wednesday, August 19. Microsoft’s current distribution rate is 35.42%.
Microsoft profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and responses worldwide. Your company’s Productivity and Business Processes segment provides office 365 business products and services, such as Office, Exchange, SharePoint, Skype Enterprise, Microsoft Teams, and related visitor licenses (CALLs); Office 365 client services, adding Skype, Outlook.com, and OneDrive; LinkedIn’s professional online network; and Dynamics business responses add monetary control, business resource planning, visitor appointment control, source chain control, and analytics programs for small and medium businesses, giant organizations, and business divisions.
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