Spectrum Financial Alliance Ltd LLC Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

Spectrum Financial Alliance Ltd LLC bought a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,355 shares of the software giant’s stock, valued at approximately $214,000. Microsoft accounts for 0.1% of Spectrum Financial Alliance Ltd LLC’s holdings, making the stock its 12th largest position.

A number of other institutional investors also recently bought and sold shares of MSFT. Benjamin Edwards Inc. raised its stake in Microsoft by 77.3% in the 4th quarter. Benjamin Edwards Inc. now owns 195 shares of the software giant’s stock worth $31,000 after acquiring an additional 85 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in Microsoft in the 4th quarter worth $37,000. Firestone Capital Management purchased a new position in Microsoft in the 4th quarter worth $1,103,000. Vaughan AND Company Securities Inc. purchased a new position in Microsoft in the 4th quarter worth $67,000. Finally, John W. Brooker & Co. CPAs purchased a new position in Microsoft in the 4th quarter worth $74,000. Institutional investors own 72.34% of the company’s stock.

A number of equities analysts recently issued reports on MSFT shares. Royal Bank of Canada restated a “buy” rating on shares of Microsoft in a research note on Wednesday. Jefferies Financial Group restated a “buy” rating and issued a $175.00 target price on shares of Microsoft in a research note on Wednesday. Goldman Sachs Group restated a “buy” rating and issued a $160.00 target price on shares of Microsoft in a research note on Thursday. Cowen reaffirmed an “outperform” rating and set a $200.00 price target (up from $180.00) on shares of Microsoft in a research report on Thursday, January 30th. Finally, Deutsche Bank cut their price target on Microsoft from $200.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Two investment 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 company. The company presently has an average rating of “Buy” and an average price target of $185.42.

In other news, EVP Jean Philippe Courtois sold 18,000 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $179.55, for a total transaction of $3,231,900.00. Following the sale, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.39% of the stock is owned by company insiders.

Shares of NASDAQ:MSFT traded up $8.96 during trading on Thursday, reaching $155.88. 64,527,202 shares of the company’s stock traded hands, compared to its average volume of 76,041,240. Microsoft Co. has a fifty-two week low of $115.52 and a fifty-two week high of $190.70. The company has a quick ratio of 2.77, a current ratio of 2.80 and a debt-to-equity ratio of 0.64. The firm has a market cap of $1,185.63 billion, a PE ratio of 27.16, a P/E/G ratio of 2.03 and a beta of 1.11. The company has a 50-day simple moving average of $166.62 and a 200-day simple moving average of $153.86.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $1.51 EPS for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.19. Microsoft had a return on equity of 40.41% and a net margin of 33.02%. The firm had revenue of $36.91 billion for the quarter, compared to analysts’ expectations of $35.68 billion. During the same period last year, the firm earned $1.10 EPS. The company’s quarterly revenue was up 13.7% on a year-over-year basis. On average, equities research analysts forecast that Microsoft Co. will post 5.64 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Wednesday, May 20th. Microsoft’s dividend payout ratio (DPR) is presently 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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