Actiam N.V. Takes Position in Microsoft Co. (NASDAQ:MSFT)

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Actiam N.V. bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT) in the fourth quarter, HoldingsChannel.com reports. The firm bought 1,152,956 shares of the software giant’s stock, valued at approximately $117,106,000. Microsoft comprises 35.4% of Actiam N.V.’s investment portfolio, making the stock its largest position.

Other institutional investors have also recently made changes to their positions in the company. United Capital Management of KS Inc. raised its position in Microsoft by 5.8% in the 4th quarter. United Capital Management of KS Inc. now owns 17,834 shares of the software giant’s stock valued at $1,811,000 after purchasing an additional 984 shares in the last quarter. Polen Capital Management LLC raised its position in Microsoft by 0.8% in the 3rd quarter. Polen Capital Management LLC now owns 13,818,601 shares of the software giant’s stock valued at $1,580,433,000 after purchasing an additional 114,047 shares in the last quarter. Abner Herrman & Brock LLC raised its position in Microsoft by 1.3% in the 4th quarter. Abner Herrman & Brock LLC now owns 259,088 shares of the software giant’s stock valued at $26,316,000 after purchasing an additional 3,234 shares in the last quarter. Leavell Investment Management Inc. raised its position in Microsoft by 0.3% in the 4th quarter. Leavell Investment Management Inc. now owns 89,124 shares of the software giant’s stock valued at $9,052,000 after purchasing an additional 300 shares in the last quarter. Finally, Nan Shan Life Insurance Co. Ltd. acquired a new stake in shares of Microsoft during the 3rd quarter worth about $129,830,000. Institutional investors own 72.10% of the company’s stock.

In other Microsoft news, EVP Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $126.02, for a total value of $630,100.00. Following the transaction, the executive vice president now directly owns 144,934 shares in the company, valued at approximately $18,264,582.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 15,947 shares of Microsoft stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $133.17, for a total value of $2,123,661.99. Following the completion of the transaction, the executive vice president now owns 202,518 shares in the company, valued at $26,969,322.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 216,247 shares of company stock worth $28,204,754. 1.38% of the stock is currently owned by corporate insiders.

Several equities research analysts have recently weighed in on MSFT shares. Credit Suisse Group reissued a “buy” rating and set a $125.00 target price on shares of Microsoft in a research report on Friday, February 15th. ValuEngine lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. Mizuho started coverage on Microsoft in a research report on Wednesday, March 13th. They set a “buy” rating and a $135.00 target price on the stock. Royal Bank of Canada raised their target price on Microsoft to $130.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. Finally, JPMorgan Chase & Co. raised their target price on Microsoft from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-five have given a buy rating and three have given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $135.75.

MSFT opened at $132.10 on Wednesday. The company has a market cap of $1,006.89 billion, a price-to-earnings ratio of 34.05, a PEG ratio of 2.31 and a beta of 1.22. Microsoft Co. has a 52 week low of $93.96 and a 52 week high of $134.24. The company has a current ratio of 2.97, a quick ratio of 2.93 and a debt-to-equity ratio of 0.70.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, April 24th. The software giant reported $1.14 EPS for the quarter, topping the consensus estimate of $1.00 by $0.14. The company had revenue of $30.57 billion for the quarter, compared to analyst estimates of $29.86 billion. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The firm’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 earnings per share. Equities analysts predict that Microsoft Co. will post 4.58 earnings per share for the current fiscal year.

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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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