Microsoft Co. (NASDAQ:MSFT) Stake Boosted by McGuire Investment Group LLC
McGuire Investment Group LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,430 shares of the software giant’s stock after acquiring an additional 676 shares during the period. Microsoft accounts for 2.6% of McGuire Investment Group LLC’s investment portfolio, making the stock its 12th biggest holding. McGuire Investment Group LLC’s holdings in Microsoft were worth $10,549,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. NuWave Investment Management LLC boosted its holdings in Microsoft by 3,250.0% in 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 in the last quarter. Newfound Research LLC bought a new stake in Microsoft in the third quarter worth $32,000. FNY Investment Advisers LLC bought a new stake in Microsoft in the third quarter worth $45,000. Your Advocates Ltd. LLP boosted its holdings in Microsoft by 588.2% in the second quarter. Your Advocates Ltd. LLP now owns 351 shares of the software giant’s stock worth $71,000 after purchasing an additional 300 shares in the last quarter. Finally, Carolina Wealth Advisors LLC boosted its holdings in Microsoft by 20.1% in the third quarter. Carolina Wealth Advisors LLC now owns 341 shares of the software giant’s stock worth $72,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 63.89% of the company’s stock.
In other Microsoft news, CEO Satya Nadella sold 104,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $222.52, for a total value of $23,253,340.00. Following the transaction, the chief executive officer now directly owns 1,392,573 shares of the company’s stock, valued at $309,875,343.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kathleen T. Hogan sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 9th. The shares were sold at an average price of $212.43, for a total transaction of $6,372,900.00. Following the completion of the transaction, the executive vice president now directly owns 189,064 shares in the company, valued at $40,162,865.52. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 334,500 shares of company stock worth $74,142,240. Insiders own 0.05% of the company’s stock.
MSFT opened at $216.34 on Thursday. Microsoft Co. has a one year low of $132.52 and a one year high of $232.86. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.53 and a quick ratio of 2.49. The company’s 50 day simple moving average is $217.71 and its 200-day simple moving average is $212.60. The stock has a market capitalization of $1.64 trillion, a P/E ratio of 34.95, a price-to-earnings-growth ratio of 2.54 and a beta of 0.82.
Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, October 27th. The software giant reported $1.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.29. Microsoft had a net margin of 32.28% and a return on equity of 40.74%. The business had revenue of $37.15 billion for the quarter, compared to analysts’ expectations of $35.67 billion. As a group, analysts anticipate that Microsoft Co. will post 6.73 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 11th. Shareholders of record on Thursday, February 18th will be paid a $0.56 dividend. The ex-dividend date is Wednesday, February 17th. This represents a $2.24 dividend on an annualized basis and a yield of 1.04%. Microsoft’s payout ratio is presently 38.89%.
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.
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