Chartwell Investment Partners LLC increased its stake in Microsoft Co. (NASDAQ: MSFT) by 3.2% at the time of the quarter, according to the corporate on its latest disclosure with the Securities and Exchange Commission (SEC). The institutional investor held 395,709 shares of the software giant after buying another 12,360 shares during the period. Microsoft accounts for 3.1% of Chartwell Investment Partners LLC’s portfolio, making it its most important position. Chartwell Investment Partners LLC’s shares in Microsoft were worth $80,531,000 at the time of its last filing with the Securities and Exchange Commission (SEC).
Several institutional investors have also recently replaced their equity holdings. Selective Wealth Management Inc. increased its stake in Microsoft by 26.9% in the current 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. Avondale Wealth Management increased its stake in Microsoft by 25.4% in the first quarter. Avondale Wealth Management now owns 464 shares of the software giant valued at $73,000 after earning another 94 shares in the last quarter. Sofos Investments Inc. increased its stake in Microsoft by 15.5% in the first quarter. Sofos Investments Inc. now owns 2,552 shares of the software giant valued at $81,000 after earning 343 more shares in the last quarter. Cypress Capital Management LLC WY increased its stake in Microsoft by 14.3% in the first quarter. Cypress Capital Management LLC WY now owns 761 shares of the software giant valued at $120,000 after earning another 95 shares in the last quarter. Finally, Lake Point Wealth Management increased its stake in Microsoft by 32.8% in the first quarter. Lake Point Wealth Management now owns 777 shares of the software giant valued at $123,000 after earning 192 more shares in the last quarter. 70.59% of the shares are held through institutional investors and hedge funds.
Several inventory analysts have published msfT inventory reports. William Blair reaffirmed a “buy” score in Microsoft inventories in a study note on Monday, July 20. Morgan Stanley reduced Microsoft’s inventories to an “online” note in a study note on Monday, July 27. DZ Bank reissued a “purchase” note about Microsoft’s inventories in a study report on Thursday, July 23. Barclays raised its value target on Microsoft inventories from $204.00 to $234.00 and gave the inventory an “overweight” rating in a study report on Monday, July 20. Eventually, Macquarie republished a “buy” note and set a $200.00 value target in Microsoft inventories in a study report on Thursday, April 30. Four study analysts rated the inventory with a retention score, thirty-three gave a purchase rate, and one issued a strong purchase for -Leave score for inventory. Microsoft has lately an average “Buy” score and an average target value of $213.23.
In addition, Executive Vice President Jean Philippe Courtois sold 15,140 inventories of the company’s capital in a transaction dated Thursday, August 6. Inventories were sold at an average value of $215.00 for a total transaction of $3,255,100.00. As a result of the transaction, the Executive Vice President now directly owns 560,498 company inventories, valued at approximately $120,507,070. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be obtained through the SEC’s website. 1.39% of inventory is maintained through insiders.
MSFT shares opened at $203.38 on Wednesday. The company has a market capitalization of $1,537.97 billion, a P/U ratio of 35.37, a PEG ratio of 2.42 and a beta of 0.90. The company’s average 50-day cell phone value is $206.07 and its average mobile value for two hundred days is $181.07. Microsoft Co. has a one-year minimum of $132.25 and a one-year maximum of $217.64. The company has an existing ratio of 2.52, an immediate ratio of 2.49 and a debt ratio of 0.57.
Microsoft (NASDAQ: MSFT) last released its quarterly earnings knowledge on Wednesday, July 22. The software giant reported consistent gains with a consistent percentage of $1.46 for the quarter, exceeding the consensus estimate of $1.34 of $0.12. The company reported earnings of $38.03 billion for the quarter, with analyst estimates of $36.59 billion. Microsoft had a net margin of 30.96% and a return to equity of 39.45%. As a group, equity analysts expect Microsoft Co. BPA of 6.39 for the existing fiscal year.
The company also recently revealed a quarterly dividend, which will be paid on Thursday, September 10. Shareholders indexed on Thursday, August 20, will get a $0.51 dividend consistent with the stock. The ex-dividend date for this dividend is Wednesday, August 19. This represents an annualized dividend of $2.04 and a dividend yield of 1.00%. Microsoft’s dividend pay rate is recently 35.42%.
About Microsoft
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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