Windsor Group LTD Has $3.98 Million Holdings in Microsoft Co. (NASDAQ:MSFT)
Windsor Group LTD grew its position in Microsoft Co. (NASDAQ:MSFT) by 9.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,321 shares of the software giant’s stock after purchasing an additional 2,499 shares during the period. Microsoft makes up approximately 1.7% of Windsor Group LTD’s holdings, making the stock its 7th biggest position. Windsor Group LTD’s holdings in Microsoft were worth $3,978,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Quantamental Technologies LLC bought a new position in shares of Microsoft in the fourth quarter valued at approximately $26,000. Highwater Wealth Management LLC bought a new stake in Microsoft during the fourth quarter worth approximately $27,000. Centaurus Financial Inc. boosted its holdings in Microsoft by 21.1% during the first quarter. Centaurus Financial Inc. now owns 3,222 shares of the software giant’s stock worth $27,000 after buying an additional 561 shares in the last quarter. Mackey Komara & Dankovich LLC bought a new stake in Microsoft during the fourth quarter worth approximately $30,000. Finally, Ayalon Holdings Ltd. bought a new stake in Microsoft during the fourth quarter worth approximately $41,000. Hedge funds and other institutional investors own 72.04% of the company’s stock.
A number of analysts recently weighed in on MSFT shares. KeyCorp restated a “hold” rating on shares of Harley-Davidson in a report on Friday, July 19th. Cowen restated an “outperform” rating and set a $69.00 target price (up from $67.00) on shares of Delta Air Lines in a report on Thursday, July 11th. Wells Fargo & Co set a $15.00 price target on shares of United Insurance and gave the company a “hold” rating in a research report on Friday, July 19th. Barclays upped their price target on shares of T. Rowe Price Group from $90.00 to $95.00 and gave the company an “underweight” rating in a research report on Thursday, April 25th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $115.00 price target (down previously from $118.00) on shares of New Relic in a research report on Tuesday, July 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-eight have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $149.21.
Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 EPS for the quarter, topping the consensus estimate of $1.21 by $0.16. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The company had revenue of $33.72 billion during the quarter, compared to analysts’ expectations of $32.80 billion. During the same quarter in the previous year, the company earned $1.13 EPS. Microsoft’s revenue was up 12.1% on a year-over-year basis. As a group, equities research analysts predict that Microsoft Co. will post 5.21 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Wednesday, August 14th. Microsoft’s dividend payout ratio is 38.74%.
In other news, President Bradford L. Smith sold 192,300 shares of Microsoft stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $130.34, for a total transaction of $25,064,382.00. Following the completion of the sale, the president now owns 754,442 shares in the company, valued at approximately $98,333,970.28. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Christopher C. Capossela sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $128.87, for a total transaction of $386,610.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 216,247 shares of company stock valued at $28,204,754. 1.38% of the stock is owned by corporate insiders.
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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