Campbell Wealth Management reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,585 shares of the software giant’s stock after selling 92 shares during the quarter. Microsoft comprises 0.3% of Campbell Wealth Management’s portfolio, making the stock its 17th biggest position. Campbell Wealth Management’s holdings in Microsoft were worth $1,747,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently bought and sold shares of MSFT. Advisor Group Holdings Inc. acquired a new position in shares of Microsoft during the 1st quarter worth about $328,820,000. Swiss National Bank lifted its holdings in shares of Microsoft by 22.9% during the 1st quarter. Swiss National Bank now owns 28,404,917 shares of the software giant’s stock valued at $4,479,739,000 after purchasing an additional 5,287,700 shares in the last quarter. Viking Global Investors LP lifted its holdings in shares of Microsoft by 257.7% during the 1st quarter. Viking Global Investors LP now owns 4,900,338 shares of the software giant’s stock valued at $772,832,000 after purchasing an additional 3,530,518 shares in the last quarter. Capital International Investors lifted its holdings in shares of Microsoft by 3.5% during the 1st quarter. Capital International Investors now owns 103,523,946 shares of the software giant’s stock valued at $16,326,780,000 after purchasing an additional 3,527,148 shares in the last quarter. Finally, Melvin Capital Management LP bought a new position in shares of Microsoft during the 1st quarter valued at about $426,805,000. Institutional investors own 70.59% of the company’s stock.
MSFT stock opened at $205.01 on Friday. The company has a current ratio of 2.52, a quick ratio of 2.49 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $1,546.26 billion, a PE ratio of 35.65, a PEG ratio of 2.33 and a beta of 0.93. Microsoft Co. has a 1-year low of $130.78 and a 1-year high of $216.38. The business’s 50 day simple moving average is $202.18 and its 200 day simple moving average is $178.77.
Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, July 22nd. The software giant reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The business had revenue of $38.03 billion for the quarter, compared to analyst estimates of $36.59 billion. Microsoft had a return on equity of 39.45% and a net margin of 30.96%. As a group, sell-side analysts predict that Microsoft Co. will post 6.39 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Wednesday, August 19th. Microsoft’s dividend payout ratio is 35.42%.
Several research firms have recently weighed in on MSFT. William Blair reiterated a “buy” rating on shares of Microsoft in a report on Monday, July 20th. Credit Suisse Group reiterated a “buy” rating and set a $225.00 price objective on shares of Microsoft in a report on Thursday, July 23rd. Piper Sandler lifted their price objective on Microsoft from $192.00 to $218.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Microsoft from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Griffin Securities boosted their target price on Microsoft from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Four analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $213.23.
Microsoft Company Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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