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Microsoft Co. (NASDAQ:MSFT) is Williams Jones Wealth Management LLC.’s 4th Largest Position

Williams Jones Wealth Management LLC. trimmed its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 1.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 776,314 shares of the software giant’s stock after selling 14,888 shares during the quarter. Microsoft comprises about 3.3% of Williams Jones Wealth Management LLC.’s investment portfolio, making the stock its 4th largest holding. Williams Jones Wealth Management LLC.’s holdings in Microsoft were worth $239,345,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Microsoft by 0.9% during the first quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock valued at $191,644,927,000 after buying an additional 5,648,095 shares during the last quarter. State Street Corp lifted its position in shares of Microsoft by 2.8% during the fourth quarter. State Street Corp now owns 302,541,869 shares of the software giant’s stock valued at $101,750,881,000 after buying an additional 8,108,943 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Microsoft by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 129,107,118 shares of the software giant’s stock valued at $43,313,705,000 after buying an additional 3,027,306 shares during the last quarter. Norges Bank purchased a new stake in shares of Microsoft during the fourth quarter valued at about $24,401,940,000. Finally, Nuveen Asset Management LLC lifted its position in shares of Microsoft by 1.0% during the fourth quarter. Nuveen Asset Management LLC now owns 57,181,533 shares of the software giant’s stock valued at $19,231,292,000 after buying an additional 584,273 shares during the last quarter. 69.29% of the stock is owned by hedge funds and other institutional investors.

Microsoft Trading Up 2.3 %

Shares of NASDAQ:MSFT opened at $264.46 on Friday. Microsoft Co. has a 1 year low of $241.51 and a 1 year high of $349.67. The firm has a market capitalization of $1.97 trillion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 2.17 and a beta of 0.94. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.78 and a quick ratio of 1.75. The business’s 50 day moving average price is $270.08 and its 200-day moving average price is $275.62.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.06). Microsoft had a net margin of 36.69% and a return on equity of 43.31%. During the same period in the previous year, the business posted $2.17 earnings per share. On average, equities research analysts forecast that Microsoft Co. will post 10.14 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 8th. Shareholders of record on Thursday, August 18th were issued a $0.62 dividend. The ex-dividend date of this dividend was Wednesday, August 17th. This represents a $2.48 dividend on an annualized basis and a yield of 0.94%. Microsoft’s payout ratio is currently 25.73%.

Analyst Ratings Changes

Several equities analysts recently commented on MSFT shares. KeyCorp decreased their price objective on shares of Microsoft from $373.00 to $330.00 and set an “overweight” rating for the company in a research report on Thursday, July 7th. Morgan Stanley decreased their price objective on shares of Microsoft from $372.00 to $354.00 and set an “overweight” rating for the company in a research report on Tuesday, July 12th. Barclays decreased their price objective on shares of Microsoft from $363.00 to $335.00 and set an “overweight” rating for the company in a research report on Friday, June 10th. Stifel Nicolaus decreased their price objective on shares of Microsoft from $320.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, July 27th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Microsoft from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, July 27th. Two investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $334.31.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

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