Microsoft Co. (MSFT) is James Hambro & Partners’ Largest Position

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James Hambro & Partners lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 3.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 377,517 shares of the software giant’s stock after selling 12,766 shares during the period. Microsoft accounts for 15.6% of James Hambro & Partners’ portfolio, making the stock its biggest holding. James Hambro & Partners’ holdings in Microsoft were worth $38,380,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. lifted its holdings in Microsoft by 2.4% in the 4th quarter. Meeder Asset Management Inc. now owns 277,215 shares of the software giant’s stock valued at $28,157,000 after acquiring an additional 6,449 shares during the last quarter. Triangle Securities Wealth Management lifted its holdings in Microsoft by 6.6% in the 4th quarter. Triangle Securities Wealth Management now owns 41,390 shares of the software giant’s stock valued at $4,204,000 after acquiring an additional 2,559 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV lifted its holdings in Microsoft by 13.1% in the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 158,921 shares of the software giant’s stock valued at $16,142,000 after acquiring an additional 18,399 shares during the last quarter. JGP Wealth Management LLC lifted its holdings in Microsoft by 3.3% in the 4th quarter. JGP Wealth Management LLC now owns 63,261 shares of the software giant’s stock valued at $6,425,000 after acquiring an additional 2,005 shares during the last quarter. Finally, BLB&B Advisors LLC lifted its holdings in Microsoft by 0.5% in the 4th quarter. BLB&B Advisors LLC now owns 166,056 shares of the software giant’s stock valued at $16,866,000 after acquiring an additional 856 shares during the last quarter. Hedge funds and other institutional investors own 72.89% of the company’s stock.

In other news, CEO Satya Nadella sold 267,466 shares of the company’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $106.01, for a total value of $28,354,070.66. Following the transaction, the chief executive officer now owns 1,746,854 shares in the company, valued at approximately $185,183,992.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jean Philippe Courtois sold 28,147 shares of the company’s stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $108.14, for a total value of $3,043,816.58. Following the completion of the transaction, the insider now owns 497,162 shares in the company, valued at approximately $53,763,098.68. The disclosure for this sale can be found here. Insiders sold a total of 333,667 shares of company stock worth $35,657,016 in the last quarter. 1.38% of the stock is owned by corporate insiders.

A number of brokerages have weighed in on MSFT. KeyCorp reissued a “buy” rating and issued a $141.00 price target on shares of Microsoft in a report on Wednesday. Barclays upped their price target on shares of Microsoft from $120.00 to $132.00 and gave the company an “overweight” rating in a report on Friday, April 12th. ValuEngine raised shares of Microsoft from a “hold” rating to a “buy” rating in a report on Monday, April 1st. JPMorgan Chase & Co. upped their price target on shares of Microsoft from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. Finally, Royal Bank of Canada upped their price objective on shares of Microsoft to $130.00 and gave the company an “outperform” rating in a research note on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, thirty-one have issued a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $123.85.

Shares of MSFT opened at $120.77 on Wednesday. The stock has a market capitalization of $931.29 billion, a PE ratio of 31.13, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21. Microsoft Co. has a fifty-two week low of $90.28 and a fifty-two week high of $121.65. The company has a debt-to-equity ratio of 0.82, a quick ratio of 3.08 and a current ratio of 3.12.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 30th. The software giant reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.01. The company had revenue of $32.47 billion for the quarter, compared to the consensus estimate of $32.53 billion. Microsoft had a return on equity of 39.52% and a net margin of 28.31%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.96 EPS. On average, sell-side analysts expect that Microsoft Co. will post 4.41 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Wednesday, May 15th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.52%. Microsoft’s dividend payout ratio is 47.42%.

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About Microsoft

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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