Microsoft Co. (MSFT) Shares Sold by Moody Lynn & Lieberson LLC
Moody Lynn & Lieberson LLC lessened its position in Microsoft Co. (NASDAQ:MSFT) by 18.1% during the third quarter, Holdings Channel reports. The institutional investor owned 266,111 shares of the software giant’s stock after selling 58,880 shares during the quarter. Microsoft comprises approximately 2.4% of Moody Lynn & Lieberson LLC’s portfolio, making the stock its 7th largest holding. Moody Lynn & Lieberson LLC’s holdings in Microsoft were worth $19,823,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in MSFT. Capital Research Global Investors grew its stake in Microsoft by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock valued at $4,801,874,000 after purchasing an additional 47,353,245 shares in the last quarter. Janus Henderson Group PLC grew its stake in Microsoft by 609.4% in the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock valued at $3,389,625,000 after purchasing an additional 42,243,011 shares in the last quarter. Vanguard Group Inc. grew its stake in Microsoft by 4.6% in the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock valued at $38,880,105,000 after purchasing an additional 25,053,413 shares in the last quarter. Tiger Global Management LLC grew its stake in Microsoft by 395.2% in the second quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock valued at $722,903,000 after purchasing an additional 8,369,500 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in Microsoft by 32.5% in the second quarter. Parametric Portfolio Associates LLC now owns 19,139,433 shares of the software giant’s stock valued at $1,319,271,000 after purchasing an additional 4,699,588 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.
Microsoft Co. (NASDAQ MSFT) opened at $89.13 on Tuesday. The firm has a market capitalization of $687,600.00, a price-to-earnings ratio of 60.63, a price-to-earnings-growth ratio of 2.05 and a beta of 1.06. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. Microsoft Co. has a fifty-two week low of $63.62 and a fifty-two week high of $96.07.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 1.88%. Microsoft’s dividend payout ratio is presently 114.29%.
In other news, insider Frank H. Brod sold 18,000 shares of the business’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the transaction, the executive vice president now directly owns 184,278 shares of the company’s stock, valued at approximately $15,376,156.32. The disclosure for this sale can be found here. 1.49% of the stock is owned by insiders.
A number of research analysts have weighed in on MSFT shares. KeyCorp raised their price target on Microsoft from $106.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, February 1st. Royal Bank of Canada restated an “outperform” rating and issued a $88.00 price target (up from $85.00) on shares of Microsoft in a research note on Friday, October 27th. UBS Group set a $105.00 price target on Microsoft and gave the company a “buy” rating in a research note on Thursday, November 9th. Vetr downgraded Microsoft from a “strong-buy” rating to a “buy” rating and set a $93.77 price target for the company. in a research note on Monday, December 11th. Finally, Citigroup lifted their target price on Microsoft from $74.00 to $79.00 and gave the stock a “sell” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $99.14.
WARNING: This piece was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/microsoft-co-msft-shares-sold-by-moody-lynn-lieberson-llc/1862783.html.
Microsoft Company Profile
Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.
Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT).
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.