Tectonic Advisors LLC Increases Position in Microsoft Co. (NASDAQ:MSFT)

Tectonic Advisors LLC raised its position in Microsoft Co. (NASDAQ:MSFTGet Rating) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,530 shares of the software giant’s stock after purchasing an additional 62 shares during the quarter. Microsoft accounts for approximately 0.6% of Tectonic Advisors LLC’s portfolio, making the stock its 27th largest position. Tectonic Advisors LLC’s holdings in Microsoft were worth $3,541,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gould Asset Management LLC CA increased its position in shares of Microsoft by 10.6% during the fourth quarter. Gould Asset Management LLC CA now owns 9,245 shares of the software giant’s stock worth $3,109,000 after acquiring an additional 885 shares during the period. Fisher Asset Management LLC increased its position in shares of Microsoft by 5.2% during the fourth quarter. Fisher Asset Management LLC now owns 26,844,732 shares of the software giant’s stock worth $9,028,420,000 after acquiring an additional 1,320,202 shares during the period. Banque Pictet & Cie SA increased its position in shares of Microsoft by 4.2% during the fourth quarter. Banque Pictet & Cie SA now owns 1,096,424 shares of the software giant’s stock worth $368,749,000 after acquiring an additional 44,393 shares during the period. BCM Advisors LLC purchased a new stake in shares of Microsoft during the fourth quarter worth $201,000. Finally, Hartford Investment Management Co. increased its position in shares of Microsoft by 8.1% during the fourth quarter. Hartford Investment Management Co. now owns 803,106 shares of the software giant’s stock worth $270,101,000 after acquiring an additional 60,130 shares during the period. 69.41% of the stock is currently owned by institutional investors.

In related news, Director Emma N. Walmsley bought 1,700 shares of the company’s stock in a transaction on Friday, January 28th. The stock was bought at an average cost of $295.48 per share, with a total value of $502,316.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford L. Smith sold 27,860 shares of the stock in a transaction dated Tuesday, February 8th. The shares were sold at an average price of $304.64, for a total transaction of $8,487,270.40. The disclosure for this sale can be found here. Corporate insiders own 0.05% of the company’s stock.

Shares of MSFT opened at $274.03 on Friday. Microsoft Co. has a fifty-two week low of $238.07 and a fifty-two week high of $349.67. The company has a market capitalization of $2.05 trillion, a price-to-earnings ratio of 29.18, a price-to-earnings-growth ratio of 2.41 and a beta of 0.91. The firm has a 50-day simple moving average of $293.65 and a 200-day simple moving average of $310.54. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.21 and a current ratio of 2.25.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings results on Tuesday, January 25th. The software giant reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.19. The firm had revenue of $51.73 billion during the quarter, compared to analysts’ expectations of $50.80 billion. Microsoft had a net margin of 38.50% and a return on equity of 45.73%. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.03 earnings per share. Equities research analysts forecast that Microsoft Co. will post 9.31 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 9th. Investors of record on Thursday, May 19th will be issued a dividend of $0.62 per share. The ex-dividend date is Wednesday, May 18th. This represents a $2.48 annualized dividend and a yield of 0.91%. Microsoft’s dividend payout ratio is currently 26.41%.

A number of analysts have recently weighed in on the company. Zacks Investment Research raised Microsoft from a “sell” rating to a “hold” rating and set a $329.00 price objective on the stock in a research report on Thursday. StockNews.com assumed coverage on Microsoft in a research report on Thursday, March 31st. They set a “buy” rating on the stock. BMO Capital Markets cut their price objective on Microsoft from $360.00 to $355.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 26th. Barclays set a $363.00 target price on shares of Microsoft in a research note on Wednesday, February 9th. Finally, Mizuho lowered their target price on shares of Microsoft from $360.00 to $350.00 in a research note on Tuesday, January 18th. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $359.37.

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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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