Wharton Business Group LLC Boosts Stake in Microsoft Co. (NASDAQ:MSFT)

Wharton Business Group LLC lifted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,971 shares of the software giant’s stock after buying an additional 73 shares during the period. Wharton Business Group LLC’s holdings in Microsoft were worth $5,221,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Guardian Investment Management increased its position in shares of Microsoft by 4.2% during the fourth quarter. Guardian Investment Management now owns 30,770 shares of the software giant’s stock valued at $3,125,000 after acquiring an additional 1,240 shares during the last quarter. Navellier & Associates Inc increased its position in shares of Microsoft by 0.6% during the second quarter. Navellier & Associates Inc now owns 15,304 shares of the software giant’s stock valued at $2,050,000 after acquiring an additional 95 shares during the last quarter. Empirical Finance LLC increased its position in shares of Microsoft by 3.5% during the second quarter. Empirical Finance LLC now owns 8,707 shares of the software giant’s stock valued at $1,166,000 after acquiring an additional 295 shares during the last quarter. Legacy Financial Strategies LLC acquired a new stake in shares of Microsoft during the second quarter valued at about $211,000. Finally, Axiom International Investors LLC DE increased its position in shares of Microsoft by 24.3% during the second quarter. Axiom International Investors LLC DE now owns 1,042,490 shares of the software giant’s stock valued at $139,652,000 after acquiring an additional 203,715 shares during the last quarter. 72.39% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ MSFT traded up $0.38 on Friday, hitting $137.90. 3,561,005 shares of the stock were exchanged, compared to its average volume of 22,346,984. The company has a quick ratio of 2.50, a current ratio of 2.53 and a debt-to-equity ratio of 0.71. Microsoft Co. has a fifty-two week low of $93.96 and a fifty-two week high of $141.68. The company has a market cap of $1,039.03 billion, a PE ratio of 29.03, a PEG ratio of 2.37 and a beta of 1.22. The company has a 50-day moving average price of $137.25 and a 200-day moving average price of $128.50.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 EPS for the quarter, topping the consensus estimate of $1.21 by $0.16. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The company had revenue of $33.72 billion during the quarter, compared to analysts’ expectations of $32.80 billion. During the same quarter in the previous year, the business posted $1.13 EPS. The firm’s revenue was up 12.1% on a year-over-year basis. As a group, equities research analysts predict that Microsoft Co. will post 5.22 EPS for the current fiscal year.

In other Microsoft news, EVP Kathleen T. Hogan sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $135.25, for a total transaction of $5,410,000.00. Following the completion of the transaction, the executive vice president now owns 198,042 shares in the company, valued at approximately $26,785,180.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Christopher C. Capossela sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $135.58, for a total transaction of $1,220,220.00. Following the transaction, the chief marketing officer now owns 119,579 shares of the company’s stock, valued at approximately $16,212,520.82. The disclosure for this sale can be found here. Insiders have sold a total of 318,757 shares of company stock valued at $43,735,918 in the last quarter. 1.38% of the stock is currently owned by company insiders.

A number of equities research analysts have weighed in on MSFT shares. Wedbush reiterated an “outperform” rating on shares of Microsoft in a research report on Thursday, August 29th. KeyCorp reiterated a “buy” rating and set a $155.00 price target on shares of Microsoft in a research report on Thursday, August 29th. Royal Bank of Canada reiterated a “buy” rating and set a $153.00 price target on shares of Microsoft in a research report on Wednesday, July 24th. DZ Bank restated a “buy” rating on shares of Microsoft in a report on Friday, July 19th. Finally, Citigroup lifted their price objective on shares of Microsoft from $147.00 to $152.00 and gave the company a “neutral” rating in a report on Friday, July 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-eight have issued a buy rating and one has given a strong buy rating to the company. Microsoft currently has an average rating of “Buy” and an average price target of $149.21.

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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