Microsoft Co. (NASDAQ:MSFT) is Banco Santander S.A.’s 8th Largest Position

Banco Santander S.A. trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 17.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 466,727 shares of the software giant’s stock after selling 95,450 shares during the quarter. Microsoft comprises 0.7% of Banco Santander S.A.’s holdings, making the stock its 8th largest position. Banco Santander S.A.’s holdings in Microsoft were worth $131,580,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MSFT. Russell Investments Group Ltd. raised its position in Microsoft by 4.1% during the third quarter. Russell Investments Group Ltd. now owns 6,655,733 shares of the software giant’s stock valued at $1,878,675,000 after acquiring an additional 260,638 shares in the last quarter. Adviser Investments LLC raised its position in Microsoft by 0.8% during the third quarter. Adviser Investments LLC now owns 113,239 shares of the software giant’s stock valued at $31,924,000 after acquiring an additional 849 shares in the last quarter. Nikulski Financial Inc. raised its position in Microsoft by 10.9% during the third quarter. Nikulski Financial Inc. now owns 12,412 shares of the software giant’s stock valued at $3,499,000 after acquiring an additional 1,217 shares in the last quarter. Daniels&Tansey LLP raised its position in Microsoft by 9.1% during the third quarter. Daniels&Tansey LLP now owns 1,393 shares of the software giant’s stock valued at $392,000 after acquiring an additional 116 shares in the last quarter. Finally, Vantage Financial Partners Ltd. Inc. raised its position in Microsoft by 32.1% during the third quarter. Vantage Financial Partners Ltd. Inc. now owns 12,686 shares of the software giant’s stock valued at $3,576,000 after acquiring an additional 3,081 shares in the last quarter. Hedge funds and other institutional investors own 69.01% of the company’s stock.

In other Microsoft news, CEO Satya Nadella sold 419,292 shares of Microsoft stock in a transaction on Monday, November 22nd. The stock was sold at an average price of $344.61, for a total value of $144,492,216.12. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Teri List sold 1,650 shares of Microsoft stock in a transaction on Tuesday, December 7th. The shares were sold at an average price of $334.90, for a total value of $552,585.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 530,699 shares of company stock worth $181,312,457. 0.05% of the stock is currently owned by company insiders.

Shares of Microsoft stock opened at $310.20 on Friday. Microsoft Co. has a one year low of $212.03 and a one year high of $349.67. The company has a market cap of $2.33 trillion, a price-to-earnings ratio of 34.70, a PEG ratio of 2.89 and a beta of 0.86. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.12 and a current ratio of 2.16. The business’s 50 day moving average price is $330.98 and its 200 day moving average price is $307.88.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Monday, October 25th. The software giant reported $2.27 EPS for the quarter, topping the Zacks’ consensus estimate of $2.08 by $0.19. Microsoft had a return on equity of 45.80% and a net margin of 38.51%. The firm had revenue of $45.32 billion for the quarter, compared to the consensus estimate of $44 billion. During the same quarter last year, the business posted $1.82 earnings per share. The firm’s revenue was up 22.0% compared to the same quarter last year. On average, analysts predict that Microsoft Co. will post 9.13 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 10th. Investors of record on Thursday, February 17th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, February 16th. This represents a $2.48 dividend on an annualized basis and a yield of 0.80%. Microsoft’s payout ratio is 27.74%.

Several research analysts recently weighed in on MSFT shares. Sumitomo Mitsui Financial Group started coverage on Microsoft in a research report on Wednesday, December 22nd. They set an “outperform” rating and a $410.00 price target for the company. Morgan Stanley raised their price objective on Microsoft from $331.00 to $364.00 and gave the company an “overweight” rating in a report on Wednesday, October 27th. Barclays raised their price objective on Microsoft from $345.00 to $363.00 and gave the company an “overweight” rating in a report on Wednesday, October 27th. Wells Fargo & Company began coverage on Microsoft in a report on Monday, November 22nd. They issued an “overweight” rating and a $400.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft began coverage on Microsoft in a report on Monday, November 1st. They issued a “buy” rating and a $390.00 price objective on the stock. One analyst has rated the stock with a hold rating, thirty-three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Microsoft has a consensus rating of “Buy” and an average price target of $351.34.

Microsoft Profile

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform.

See Also: Convertible Shares

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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