Nelson Roberts Investment Advisors LLC Has $18.26 Million Stake in Microsoft Co. (NASDAQ:MSFT)


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Nelson Roberts Investment Advisors LLC reduced its position in shares of Microsoft Co. (NASDAQ:MSFT) by 23.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,099 shares of the software giant’s stock after selling 25,070 shares during the period. Microsoft comprises about 3.9% of Nelson Roberts Investment Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Nelson Roberts Investment Advisors LLC’s holdings in Microsoft were worth $18,261,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Trust Asset Management LLC raised its stake in shares of Microsoft by 79.7% in the third quarter. Trust Asset Management LLC now owns 38,691 shares of the software giant’s stock worth $8,138,000 after acquiring an additional 17,157 shares during the last quarter. Walkner Condon Financial Advisors LLC acquired a new stake in shares of Microsoft during the 3rd quarter worth approximately $2,507,000. United Bank grew its position in shares of Microsoft by 6.6% during the 3rd quarter. United Bank now owns 18,657 shares of the software giant’s stock worth $3,924,000 after buying an additional 1,149 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Microsoft by 15.2% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 962,435 shares of the software giant’s stock worth $202,428,000 after buying an additional 126,646 shares during the period. Finally, Bellevue Asset Management LLC grew its position in shares of Microsoft by 839.7% during the 3rd quarter. Bellevue Asset Management LLC now owns 178,195 shares of the software giant’s stock worth $37,480,000 after buying an additional 159,232 shares during the period. 69.01% of the stock is owned by hedge funds and other institutional investors.

In other Microsoft news, EVP Jean Philippe Courtois sold 18,358 shares of the company’s stock in a transaction on Thursday, January 28th. The shares were sold at an average price of $239.60, for a total transaction of $4,398,576.80. Following the sale, the executive vice president now directly owns 593,915 shares of the company’s stock, valued at $142,302,034. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Emma N. Walmsley purchased 4,300 shares of the company’s stock in a transaction on Wednesday, March 10th. The shares were purchased at an average cost of $236.80 per share, for a total transaction of $1,018,240.00. Following the completion of the transaction, the director now directly owns 5,026 shares of the company’s stock, valued at approximately $1,190,156.80. The disclosure for this purchase can be found here. Corporate insiders own 0.05% of the company’s stock.

Several equities research analysts have recently commented on the stock. Pritchard Capital lifted their price target on shares of Microsoft from $272.00 to $292.00 and gave the stock a “buy” rating in a research report on Wednesday, January 27th. Fundamental Research boosted their price objective on shares of Microsoft from $223.67 to $236.60 and gave the company a “hold” rating in a report on Wednesday, February 3rd. Piper Sandler restated an “overweight” rating and set a $300.00 price objective on shares of Microsoft in a report on Tuesday, February 2nd. UBS Group restated a “buy” rating and set a $275.00 price objective on shares of Microsoft in a report on Tuesday, February 9th. Finally, Argus boosted their price objective on shares of Microsoft from $235.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, January 28th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and three have given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $268.28.

Shares of MSFT stock opened at $249.90 on Thursday. The company’s fifty day simple moving average is $235.85 and its 200-day simple moving average is $222.92. The company has a quick ratio of 2.49, a current ratio of 2.53 and a debt-to-equity ratio of 0.46. The firm has a market cap of $1.88 trillion, a PE ratio of 40.37, a P/E/G ratio of 2.44 and a beta of 0.83. Microsoft Co. has a 12 month low of $162.30 and a 12 month high of $250.93.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Monday, January 25th. The software giant reported $2.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.64 by $0.39. Microsoft had a net margin of 32.28% and a return on equity of 40.74%. The firm had revenue of $43.08 billion for the quarter, compared to analyst estimates of $40.23 billion. During the same period in the prior year, the firm posted $1.51 earnings per share. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. On average, equities analysts predict that Microsoft Co. will post 6.73 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Thursday, May 20th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 0.90%. The ex-dividend date is Wednesday, May 19th. Microsoft’s dividend payout ratio (DPR) is currently 38.89%.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions 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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