Westwood Management Corp IL Has $50.16 Million Stake in Microsoft Co. (MSFT)

Westwood Management Corp IL increased its stake in Microsoft Co. (NASDAQ:MSFT) by 0.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 508,712 shares of the software giant’s stock after purchasing an additional 1,700 shares during the quarter. Microsoft comprises about 6.7% of Westwood Management Corp IL’s holdings, making the stock its 4th largest position. Westwood Management Corp IL’s holdings in Microsoft were worth $50,164,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in Microsoft by 1.3% during the first quarter. BlackRock Inc. now owns 499,849,770 shares of the software giant’s stock valued at $45,621,287,000 after buying an additional 6,488,089 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Microsoft by 12.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 27,839,945 shares of the software giant’s stock valued at $2,540,952,000 after buying an additional 3,049,723 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in Microsoft by 1.6% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 21,899,699 shares of the software giant’s stock worth $1,998,786,000 after purchasing an additional 346,564 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Microsoft by 7.6% during the first quarter. Dimensional Fund Advisors LP now owns 20,956,647 shares of the software giant’s stock worth $1,912,713,000 after purchasing an additional 1,473,682 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in Microsoft by 4.1% during the second quarter. Fisher Asset Management LLC now owns 18,324,544 shares of the software giant’s stock worth $1,806,983,000 after purchasing an additional 726,904 shares during the last quarter. Institutional investors own 71.91% of the company’s stock.

In related news, CFO Amy Hood sold 118,000 shares of the business’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $110.90, for a total transaction of $13,086,200.00. Following the transaction, the chief financial officer now owns 669,327 shares in the company, valued at approximately $74,228,364.30. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Satya Nadella sold 203,418 shares of the business’s stock in a transaction dated Friday, October 26th. The shares were sold at an average price of $106.68, for a total value of $21,700,632.24. Following the transaction, the chief executive officer now owns 1,014,247 shares in the company, valued at approximately $108,199,869.96. The disclosure for this sale can be found here. In the last three months, insiders sold 853,460 shares of company stock valued at $92,965,482. 1.49% of the stock is currently owned by corporate insiders.



Several brokerages have issued reports on MSFT. Wells Fargo & Co reaffirmed a “buy” rating and set a $130.00 price target on shares of Microsoft in a research note on Thursday, September 27th. Stifel Nicolaus lifted their price target on Microsoft from $107.00 to $118.00 and gave the stock a “buy” rating in a research note on Friday, July 20th. Sanford C. Bernstein set a $135.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Friday, July 20th. Bank of America lifted their price target on Microsoft from $123.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, July 17th. Finally, Atlantic Securities set a $130.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Friday, July 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have given a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $121.88.

NASDAQ MSFT opened at $106.96 on Friday. Microsoft Co. has a 1-year low of $80.70 and a 1-year high of $116.18. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.86. The stock has a market capitalization of $833.89 billion, a PE ratio of 25.91, a P/E/G ratio of 2.01 and a beta of 1.28.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, October 24th. The software giant reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.18. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The company had revenue of $29.08 billion during the quarter, compared to analyst estimates of $27.92 billion. During the same quarter in the previous year, the company posted $0.84 EPS. Microsoft’s revenue for the quarter was up 18.5% on a year-over-year basis. Equities research analysts forecast that Microsoft Co. will post 4.36 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Thursday, November 15th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Wednesday, November 14th. This is a positive change from Microsoft’s previous quarterly dividend of $0.42. Microsoft’s payout ratio is 43.30%.

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 for businesses, 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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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