Wharton Business Group LLC Increases Stock Position in Microsoft Co. (NASDAQ:MSFT)

Wharton Business Group LLC lifted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 38,971 shares of the software giant’s stock after purchasing an additional 73 shares during the period. Wharton Business Group LLC’s holdings in Microsoft were worth $5,221,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Janus Henderson Group PLC lifted its position in Microsoft by 0.7% during the second quarter. Janus Henderson Group PLC now owns 52,986,086 shares of the software giant’s stock valued at $7,097,675,000 after acquiring an additional 342,648 shares during the last quarter. Clearbridge Investments LLC lifted its position in Microsoft by 0.8% during the first quarter. Clearbridge Investments LLC now owns 24,262,155 shares of the software giant’s stock valued at $2,861,479,000 after acquiring an additional 201,876 shares during the last quarter. Fisher Asset Management LLC lifted its position in Microsoft by 3.9% during the second quarter. Fisher Asset Management LLC now owns 20,822,243 shares of the software giant’s stock valued at $2,789,348,000 after acquiring an additional 778,351 shares during the last quarter. Lunia Capital LP lifted its position in Microsoft by 9,650.2% during the fourth quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after acquiring an additional 16,861,809 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Microsoft by 1.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,537,606 shares of the software giant’s stock valued at $1,375,016,000 after acquiring an additional 150,105 shares during the last quarter. 72.39% of the stock is owned by hedge funds and other institutional investors.

MSFT has been the subject of a number of research analyst reports. Macquarie raised their price target on shares of Microsoft from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Argus raised their price target on shares of Microsoft to $158.00 and gave the stock a “buy” rating in a report on Thursday, July 25th. Goldman Sachs Group set a $151.00 price target on shares of Microsoft and gave the stock a “buy” rating in a report on Friday, July 19th. Morgan Stanley raised their price target on shares of Microsoft from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, July 19th. Finally, Deutsche Bank set a $155.00 price target on shares of Microsoft and gave the stock a “buy” rating in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and an average price target of $149.21.



In other news, CFO Amy Hood sold 123,769 shares of the stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $137.26, for a total value of $16,988,532.94. Following the sale, the chief financial officer now owns 433,940 shares in the company, valued at $59,562,604.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satya Nadella sold 99,837 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $137.20, for a total transaction of $13,697,636.40. Following the completion of the sale, the chief executive officer now owns 1,124,339 shares in the company, valued at approximately $154,259,310.80. The disclosure for this sale can be found here. Insiders sold 318,757 shares of company stock worth $43,735,918 in the last quarter. Company insiders own 1.38% of the company’s stock.

Shares of NASDAQ:MSFT traded up $0.38 during midday trading on Friday, reaching $137.90. The company’s stock had a trading volume of 3,561,005 shares, compared to its average volume of 22,346,984. The firm has a market capitalization of $1,039.03 billion, a PE ratio of 29.03, a P/E/G ratio of 2.37 and a beta of 1.22. Microsoft Co. has a twelve month low of $93.96 and a twelve month high of $141.68. The stock has a fifty day moving average of $137.25 and a 200 day moving average of $128.50. The company has a quick ratio of 2.50, a current ratio of 2.53 and a debt-to-equity ratio of 0.71.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, July 18th. The software giant reported $1.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.16. The firm had revenue of $33.72 billion for the quarter, compared to analyst estimates of $32.80 billion. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 earnings per share. Sell-side analysts anticipate that Microsoft Co. will post 5.22 earnings per share for the current fiscal year.

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

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