Teacher Retirement System of Texas lifted its position in shares of Microsoft Co.(NASDAQ:MSFT) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).The fund owned 2,093,390 shares of the software giant’s stock after purchasing an additional 31,215 shares during the period.Microsoft accounts for 2.6% of Teacher Retirement System of Texas’ portfolio, making the stock its 3rd largest holding.Teacher Retirement System of Texas’ holdings in Microsoft were worth $330,128,000 at the end of the most recent reporting period.Other institutional investors have also recently added to or reduced their stakes in the company.Selective Wealth Management Inc.bought a new stake in Microsoft in the 3rd quarter valued at about $36,000.
Vaughan AND Company Securities Inc.bought a new stake in Microsoft in the 4th quarter valued at about $67,000.John W.Brooker & Co.CPAs bought a new stake in Microsoft in the 4th quarter valued at about $74,000.Ogorek Anthony Joseph NY ADV boosted its holdings in Microsoft by 69.1% in the 4th quarter.Ogorek Anthony Joseph NY ADV now owns 531 shares of the software giant’s stock valued at $83,000 after purchasing an additional 217 shares during the period.Finally, Clear Investment Research LLC boosted its holdings in Microsoft by 1,116.3% in the 4th quarter.
Clear Investment Research LLC now owns 523 shares of the software giant’s stock valued at $83,000 after purchasing an additional 480 shares during the period.Institutional investors own 66.59% of the company’s stock.
NASDAQ:MSFT traded up $4.47 on Wednesday, hitting $172.54.The company had a trading volume of 20,543,522 shares, 36,044,600.The stock has a market capitalization of $1,315.16 billion, a price-to-earnings ratio of 30.06, a PEG ratio of 2.29 and a beta of 1.15.The company has a current ratio of 2.80, a quick ratio of 2.77 and a debt-to-equity ratio of 0.64.The firm has a 50 day moving average of $172.75 and a two-hundred day moving average of $151.22.Microsoft Co.
has a 52 week low of $106.87 and a 52 week high of $190.70.Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th.The software giant reported $1.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.19.The business had revenue of $36.91 billion during the quarter, compared to the consensus estimate of $35.68 billion.Microsoft had a net margin of 33.02% and a return on equity of 40.41%.The firm’s revenue was up 13.7% compared to the same quarter last year.During the same quarter in the prior year, the firm earned $1.10 EPS.As a group, equities analysts forecast that Microsoft Co.
will post 5.64 EPS for the current year.The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th.Investors of record on Thursday, February 20th will be paid a $0.51 dividend.This represents a $2.04 annualized dividend and a yield of 1.18%.
The ex-dividend date of this dividend is Wednesday, February 19th.Microsoft’s payout ratio is 42.95%.In other Microsoft news, EVP Jean Philippe Courtois sold 18,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th.The shares were sold at an average price of $179.55, for a total value of $3,231,900.00.Following the completion of the transaction, the executive vice president now directly owns 582,510 shares in the company, valued at approximately $104,589,670.50.The sale was disclosed in a filing with the SEC, which is available at this hyperlink .
Also, EVP Margaret L.Johnson sold 35,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th.The shares were sold at an average price of $150.01, for a total transaction of $5,250,350.00.Following the completion of the transaction, the executive vice president now owns 62,423 shares of the company’s stock, valued at $9,364,074.23.The disclosure for this sale can be found here .1.39% of the stock is owned by corporate insiders.
A number of research firms have issued reports on MSFT.Credit Suisse Group boosted their price objective on shares of Microsoft from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, January 30th.Barclays reissued a “buy” rating and issued a $190.00 price objective on shares of Microsoft in a report on Thursday, January 30th.Raymond James reissued a “strong-buy” rating and issued a $200.00 price objective (up previously from $192.00) on shares of Microsoft in a report on Thursday, January 30th.
Deutsche Bank boosted their price objective on shares of Microsoft from $175.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, January 30th.Finally, Mizuho boosted their price objective on shares of Microsoft from $180.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, January 30th.Two research analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has assigned a strong buy rating to the company.The company has an average rating of “Buy” and a consensus price target of $187.06.
Microsoft Profile 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.Read More: Cryptocurrencies 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)..