Trevian Wealth Management LLC, as reported in the most recent Form 13F filing submitted to the Securities and Exchange Commission, increased the percentage of Microsoft Co. (NASDAQ: MSFT) shares it owned by 10.7 percentage points during the third quarter. The institutional investor now has a total of 7,630 shares in the software company after making additional purchases of 738 shares throughout the period. Trevian Wealth Management LLC’s investment portfolio includes two percent of its Microsoft holdings, placing the software giant at the ninth spot on the list of the most important companies. In its most recent filing with the Securities and Exchange Commission, Trevian Wealth Management LLC disclosed that the total value of its holdings of Microsoft stock amounted to $1,777,000.
Adjustments have been made to the percentage of a company’s stock owned by a number of additional hedge funds and institutional investors. Monumental Financial Group, Inc. increased its position in Microsoft by approximately $28,000 over the year’s first three months. During the second quarter, Newfound Research LLC achieved a 25.4% increase in the proportion of Microsoft stock it owned. After making an additional purchase of 60 shares during the preceding quarter, Newfound Research LLC now has 296 shares of the software giant’s stock, which are currently valued at $76,000. This brings the company’s total number of shares to a grand total of 312. Grayhawk Investment Strategies Inc. increased the value of its overall holdings by approximately 104,000 dollars during the second quarter by purchasing additional shares of Microsoft. During the second quarter, Darrow Company Inc. added an additional $82,000 to Microsoft’s stock holdings. In the third quarter, Morgan Dempsey Capital Management LLC spent $82,000 to acquire an additional holding in Microsoft. This purchase was the last but not the least of the company’s activities. To the tune of 69.15% of the company’s stock, institutional investors and hedge funds are the holders of the company’s shares.
According to what was stated earlier, Executive Vice President Judson Althoff sold 24,144 company stock on December 1. Because of the sale of the shares, the total revenue was $6,139,094.88, and the average price per share was $254.27. Following the completion of the transaction, the executive vice president will have 150,047 shares in the company. At present, these shares have a value of approximately $38,152,450.69. If you follow this link, you will be taken to a file submitted to the SEC, which will provide you with additional information regarding the sale. Only 0.03% of the total shares are held by those working within the company.
On Thursday, the NASDAQ: MSFT stock began trading for $235.81 per share. During the past 52 weeks, the share price of Microsoft Company has fluctuated between a low of $213.43 and a high of $315.95. The moving average of the company’s stock price over the past 50 days is $241.83, and the moving average over the last 200 days is $250.46. The debt-to-equity ratio is 0.26, the current ratio is 1.84, and the quick ratio is 1.79. All of these numbers are very close to each other. The company’s PE ratio is currently sitting at 25.41, its P/E/G ratio is currently sitting at 2.35, and the company’s beta is currently at 0.94. The market capitalization of the company is currently valued at $1.76 trillion.
On Tuesday, October 25, Microsoft (NASDAQ: MSFT) presented shareholders with a report detailing the company’s most recent quarterly results and answered investors’ questions. The industry giant in the software business reported earnings per share for the quarter totaling $2.35, which was $0.06 higher than the average projection made by industry analysts for the quarter. Microsoft’s return on equity was calculated to be 42.10%, and the company’s net margin was calculated to be 34.37%. The company announced that its sales for the quarter came in at $50.12 billion, which was significantly higher than the average prediction of $49.70 billion in sales for the quarter. The company generated earnings of $2.27 per share during the same period in the prior year’s operations. When compared to the same quarter in the previous year, the company’s quarterly revenues showed an increase of 10.6%. According to projections provided by analysts, Microsoft Company is anticipated to bring in a profit of $9.52 per share during the current fiscal year.
In addition, the business just announced a quarterly dividend, which will be distributed on March 9, according to the plan that was just announced. Shareholders on record as of the record date will be eligible to receive a dividend payment on February 15, $0.68. The results of this calculation are that there will be a dividend yield of 1.15% and that the annual dividend will be $2.72. February 15, which is a Wednesday, is the date that will mark the beginning of the “ex-dividend” status for this dividend. Microsoft has a payout percentage of 29.31%, according to the numbers.
There have been multiple research firms, each of which has produced its report on Microsoft (MSFT). According to a report made public by Macquarie, the investment firm started following shares of Microsoft on November 2. They gave the stock a ” neutral ” rating and anticipated it would reach a price of $234.00 by the end of their forecast. In a research report published on January 12, UBS Group predicted that Microsoft’s share price would reach $250.00 within the next year. JPMorgan Chase & Co. lowered their target price on Microsoft shares from $305.00 to $275.00 due to research that was made public on Wednesday, October 26. Evercore ISI rated the stock as “outperforming” and decreased its target price for Microsoft shares from $330.00 to $300.00 in a research report published on Wednesday, October 26. Evercore ISI lowered its target price for Apple shares from $40.00 to $40.00. The price had previously been set at $300. In a research report published on October 27, Rosenblatt Securities decreased its “buy” rating and target price for Microsoft shares from $300 to $285. The reduction came from the company’s expectation that the stock would continue to perform poorly. One of the research analysts has suggested selling the stock, while three others have given the stock a rating of “hold,” and thirty others have given the stock a rating of “buy.” Bloomberg.com reports that the average rating for the company as of now is a “Moderate Buy” and that the price at which it is anticipated to reach consensus is $289.15.
