Wilson & Boucher Capital Management LLC Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)



Wilson & Boucher Capital Management LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 2.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,878 shares of the software shares giant’s stock after acquiring an additional 201 during the quarter. Microsoft makes up approximately 2.5% of Wilson & Boucher Capital Management LLC’s portfolio, making the stock its 7th largest holding. Wilson & Boucher Capital Management LLC’s holdings in Microsoft were worth $2,737,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MSFT. Norges Bank bought a new position in Microsoft during the fourth quarter valued at approximately $24,401,940,000. Allspring Global Investments Holdings LLC bought a new position in Microsoft during the fourth quarter valued at approximately $2,952,329,000. State Street Corp raised its position in Microsoft by 2.8% during the fourth quarter. State Street Corp now owns 302,541,869 shares of the software giant’s stock valued at $101,750,881,000 after acquiring an additional 8,108,943 shares in the last quarter. Castleview Partners LLC bought a new position in Microsoft during the fourth quarter valued at approximately $11,872,000. Finally, UBS Asset Management Americas Inc. its raised position in Microsoft by 7.5% during the third quarter. UBS Asset Management Americas Inc. Now owns 46,493,373 shares of the software giant’s stock valued at $13,107,412,000 after acquiring an additional 3,258,613 shares in the last quarter. 69.99% of the stock is currently owned by hedge funds and other institutional investors.

MSFT opened at $264.89 on Tuesday. Microsoft Co. has a fifty-two week low of $241.51 and a fifty-two week high of $349.67. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.99 and a quick ratio of 1.95. The firm’s fifty day moving average price is $266.52 and its two-hundred day moving average price is $292.54. The company has a market capitalization of $1.98 trillion, a P/E ratio of 27.65, a P/E/G ratio of 2.42 and a beta of 0.94.

Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings results on Tuesday, April 26th. The software giant reported $2.22 per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.04. Microsoft had a net margin of 37.63% and a return on equity of 44.85%. The firm had revenue of $49.36 billion for the quarter, compared to the consensus estimate of $49.05 billion. During the same quarter in the previous year, the company earned $1.95 earnings per share. The business’s revenue was up 18.4% compared to the same quarter last year. On average, equities research analysts expect that Microsoft Co. will post 9.28 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 8th. Stockholders of record on Thursday, August 18th will be paid a $0.62 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $2.48 annualized dividend and a dividend yield of 0.94%. Microsoft’s dividend payout ratio is presently 25.89%.

MSFT has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price target on shares of Microsoft from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Microsoft from $390.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, April 27th. Wolfe Research lifted their price target on shares of Microsoft from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, April 27th. Stifel Nicolaus dropped their price target on shares of Microsoft from $350.00 to $320.00 in a research report on Thursday, June 2nd. Finally, Barclays dropped their price target on shares of Microsoft from $363.00 to $335.00 and set an “overweight” rating on the stock in a research report on Friday, June 10th. One investment analyst has rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $353.36.

About Microsoft (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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)



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