Heartwood Wealth Advisors LLC Buys Shares of 1,421 Microsoft Co. (NASDAQ:MSFT)

Heartwood Wealth Advisors LLC bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,421 shares of the software giant’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. UMB Bank N A MO increased its position in shares of Microsoft by 0.7% during the 4th quarter. UMB Bank N A MO now owns 559,554 shares of the software giant’s stock valued at $88,242,000 after purchasing an additional 3,643 shares during the last quarter. Beacon Investment Advisory Services Inc. increased its position in shares of Microsoft by 2.2% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 213,486 shares of the software giant’s stock valued at $33,667,000 after purchasing an additional 4,590 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co increased its position in shares of Microsoft by 18.4% during the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 52,780 shares of the software giant’s stock valued at $8,323,000 after purchasing an additional 8,210 shares during the last quarter. Pictet & Cie Europe SA increased its position in shares of Microsoft by 0.7% during the 4th quarter. Pictet & Cie Europe SA now owns 134,427 shares of the software giant’s stock valued at $21,199,000 after purchasing an additional 881 shares during the last quarter. Finally, Gunderson Capital Management Inc. increased its position in shares of Microsoft by 74.2% during the 4th quarter. Gunderson Capital Management Inc. now owns 5,322 shares of the software giant’s stock valued at $839,000 after purchasing an additional 2,267 shares during the last quarter. Institutional investors and hedge funds own 71.91% of the company’s stock.

Shares of MSFT opened at $185.35 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.80 and a quick ratio of 2.77. Microsoft Co. has a 1 year low of $106.29 and a 1 year high of $190.70. The company has a 50 day simple moving average of $167.51 and a two-hundred day simple moving average of $148.77. The firm has a market cap of $1,409.78 billion, a P/E ratio of 32.29, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.19. Microsoft had a net margin of 33.02% and a return on equity of 40.41%. The business had revenue of $36.91 billion during the quarter, compared to analyst estimates of $35.68 billion. During the same period last year, the firm posted $1.10 EPS. The company’s revenue was up 13.7% on a year-over-year basis. On average, sell-side analysts anticipate that Microsoft Co. will post 5.64 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 20th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, February 19th. Microsoft’s dividend payout ratio (DPR) is currently 42.95%.

MSFT has been the subject of several research reports. Sanford C. Bernstein upped their price target on shares of Microsoft from $174.00 to $203.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $200.00 target price (up from $180.00) on shares of Microsoft in a report on Thursday, January 30th. Tigress Financial reissued a “buy” rating on shares of Microsoft in a report on Monday, December 23rd. Nomura increased their target price on shares of Microsoft from $161.00 to $195.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Finally, Morgan Stanley increased their target price on shares of Microsoft from $189.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $187.06.

In other Microsoft news, EVP Jean Philippe Courtois sold 18,000 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $179.55, for a total transaction of $3,231,900.00. Following the completion of the sale, the executive vice president now directly owns 582,510 shares of the company’s stock, valued at approximately $104,589,670.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Margaret L. Johnson sold 35,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $150.01, for a total transaction of $5,250,350.00. Following the sale, the executive vice president now directly owns 62,423 shares of the company’s stock, valued at $9,364,074.23. The disclosure for this sale can be found here. Company insiders own 1.39% of the company’s stock.

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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