Meristem Family Wealth LLC Has $3.68 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Meristem Family Wealth LLC cut its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.0% during the 4th quarter, Holdings Channel reports. The firm owned 23,329 shares of the software giant’s stock after selling 246 shares during the quarter. Microsoft comprises 0.9% of Meristem Family Wealth LLC’s portfolio, making the stock its 18th biggest holding. Meristem Family Wealth LLC’s holdings in Microsoft were worth $3,679,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MSFT. Arvest Bank Trust Division boosted its holdings in Microsoft by 0.7% in the 4th quarter. Arvest Bank Trust Division now owns 8,556 shares of the software giant’s stock valued at $1,349,000 after purchasing an additional 62 shares during the period. Winthrop Advisory Group LLC boosted its holdings in Microsoft by 0.5% in the 4th quarter. Winthrop Advisory Group LLC now owns 14,340 shares of the software giant’s stock valued at $2,261,000 after purchasing an additional 67 shares during the period. Colorado Capital Management Inc. boosted its holdings in Microsoft by 2.2% in the 4th quarter. Colorado Capital Management Inc. now owns 3,163 shares of the software giant’s stock valued at $499,000 after purchasing an additional 67 shares during the period. Ocean Capital Management LLC boosted its holdings in Microsoft by 0.8% in the 4th quarter. Ocean Capital Management LLC now owns 9,074 shares of the software giant’s stock valued at $1,779,000 after purchasing an additional 68 shares during the period. Finally, Moon Capital Management LLC boosted its holdings in Microsoft by 3.5% in the 4th quarter. Moon Capital Management LLC now owns 2,155 shares of the software giant’s stock valued at $340,000 after purchasing an additional 72 shares during the period. Institutional investors own 71.91% of the company’s stock.

A number of research firms have issued reports on MSFT. Tigress Financial reissued a “buy” rating on shares of Microsoft in a report on Monday, December 23rd. Citigroup boosted their price objective on shares of Microsoft from $155.00 to $174.00 and gave the company a “neutral” rating in a report on Thursday, January 30th. BidaskClub raised shares of Microsoft from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Bank of America reissued a “buy” rating and issued a $200.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Finally, Jefferies Financial Group boosted their price objective on shares of Microsoft from $185.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Two research analysts have rated the stock with a hold rating, thirty-two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $187.06.

In related news, EVP Jean Philippe Courtois sold 18,000 shares of the company’s 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 transaction, the executive vice president now directly owns 582,510 shares in the company, valued at approximately $104,589,670.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Margaret L. Johnson sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $150.01, for a total transaction of $5,250,350.00. Following the transaction, the executive vice president now owns 62,423 shares of the company’s stock, valued at $9,364,074.23. The disclosure for this sale can be found here. 1.39% of the stock is owned by corporate insiders.

Shares of Microsoft stock opened at $185.35 on Friday. The company has a 50 day moving average of $167.51 and a 200-day moving average of $148.77. Microsoft Co. has a 1-year low of $106.29 and a 1-year high of $190.70. The company has a current ratio of 2.80, a quick ratio of 2.77 and a debt-to-equity ratio of 0.64. The company has a market cap of $1,409.78 billion, a PE ratio of 32.29, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $1.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.19. Microsoft had a net margin of 33.02% and a return on equity of 40.41%. The company had revenue of $36.91 billion during the quarter, compared to the consensus estimate of $35.68 billion. During the same quarter in the prior year, the firm posted $1.10 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. Research analysts forecast 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. Investors of record on Thursday, February 20th will be given 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 is 42.95%.

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, 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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