Twinbeech Capital LP Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

Twinbeech Capital LP acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,130 shares of the software giant’s stock, valued at approximately $2,253,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Resolute Partners Group bought a new stake in shares of Microsoft during the fourth quarter worth $26,000. Goodwin Investment Advisory bought a new stake in shares of Microsoft during the fourth quarter worth $28,000. NuWave Investment Management LLC grew its holdings in shares of Microsoft by 3,250.0% during the fourth quarter. NuWave Investment Management LLC now owns 134 shares of the software giant’s stock worth $30,000 after purchasing an additional 130 shares during the last quarter. JustInvest LLC grew its holdings in shares of Microsoft by 6.1% during the fourth quarter. JustInvest LLC now owns 82,199 shares of the software giant’s stock worth $30,000 after purchasing an additional 4,736 shares during the last quarter. Finally, Kinloch Capital LLC bought a new stake in shares of Microsoft during the fourth quarter worth $37,000. Hedge funds and other institutional investors own 69.01% of the company’s stock.

Several equities analysts recently issued reports on MSFT shares. Citigroup started coverage on Microsoft in a report on Wednesday, March 3rd. They issued a “buy” rating and a $292.00 price target on the stock. BMO Capital Markets raised their price target on Microsoft from $245.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, January 27th. They noted that the move was a valuation call. Credit Suisse Group started coverage on Microsoft in a report on Monday. They issued an “outperform” rating and a $265.00 price target on the stock. Cowen raised their price target on Microsoft from $245.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, January 27th. Finally, Mizuho raised their price target on Microsoft from $255.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, January 27th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and three have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $268.28.

In related news, Director Emma N. Walmsley purchased 4,300 shares of the stock in a transaction on Wednesday, March 10th. The shares were purchased at an average price of $236.80 per share, with a total value of $1,018,240.00. Following the transaction, the director now directly owns 5,026 shares of the company’s stock, valued at $1,190,156.80. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Jean Philippe Courtois sold 18,358 shares of the business’s stock in a transaction that occurred on Thursday, January 28th. The stock was sold at an average price of $239.60, for a total value of $4,398,576.80. Following the transaction, the executive vice president now directly owns 593,915 shares in the company, valued at approximately $142,302,034. The disclosure for this sale can be found here. 0.05% of the stock is owned by insiders.

Shares of Microsoft stock opened at $249.90 on Thursday. The business’s 50 day simple moving average is $235.85 and its 200 day simple moving average is $222.92. Microsoft Co. has a 52-week low of $162.30 and a 52-week high of $250.93. The firm has a market cap of $1.88 trillion, a PE ratio of 40.37, a P/E/G ratio of 2.44 and a beta of 0.83. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.49 and a current ratio of 2.53.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Monday, January 25th. The software giant reported $2.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.39. The business had revenue of $43.08 billion for the quarter, compared to analyst estimates of $40.23 billion. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. Microsoft’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.51 EPS. As a group, equities research analysts predict that Microsoft Co. will post 6.73 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Thursday, May 20th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Wednesday, May 19th. Microsoft’s dividend payout ratio (DPR) is 38.89%.

Microsoft Company Profile

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 small and medium businesses, large organizations, and divisions of enterprises.

Read More: Why are trading ranges significant?

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.