Brave Asset Management Inc. boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 0.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,462 shares of the software giant’s stock after purchasing an additional 77 shares during the period. Microsoft comprises 4.2% of Brave Asset Management Inc.’s investment portfolio, making the stock its 7th largest position. Brave Asset Management Inc.’s holdings in Microsoft were worth $8,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in MSFT. Macquarie Group Ltd. increased its stake in Microsoft by 2.4% in the 4th quarter. Macquarie Group Ltd. now owns 4,111,006 shares of the software giant’s stock worth $648,305,000 after purchasing an additional 96,361 shares during the period. Stillwater Investment Management LLC increased its stake in Microsoft by 10.7% in the 1st quarter. Stillwater Investment Management LLC now owns 7,733 shares of the software giant’s stock worth $1,219,000 after purchasing an additional 746 shares during the period. Deane Retirement Strategies Inc. bought a new stake in shares of Microsoft in the 1st quarter worth approximately $1,408,000. John W. Brooker & Co. CPAs grew its position in shares of Microsoft by 21.4% in the 1st quarter. John W. Brooker & Co. CPAs now owns 568 shares of the software giant’s stock worth $90,000 after buying an additional 100 shares during the last quarter. Finally, Global Trust Asset Management LLC grew its position in shares of Microsoft by 17.9% in the 1st quarter. Global Trust Asset Management LLC now owns 20,006 shares of the software giant’s stock worth $3,206,000 after buying an additional 3,040 shares during the last quarter. 70.59% of the stock is currently owned by institutional investors and hedge funds.

MSFT stock opened at $205.01 on Friday. Microsoft Co. has a 1-year low of $130.78 and a 1-year high of $216.38. The business has a fifty day moving average price of $202.18 and a 200-day moving average price of $178.77. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.52 and a quick ratio of 2.49. The stock has a market capitalization of $1,554.68 billion, a P/E ratio of 35.65, a P/E/G ratio of 2.33 and a beta of 0.93.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, July 22nd. The software giant reported $1.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.12. Microsoft had a return on equity of 39.45% and a net margin of 30.96%. The firm had revenue of $38.03 billion during the quarter, compared to analysts’ expectations of $36.59 billion. As a group, analysts anticipate that Microsoft Co. will post 6.39 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Wednesday, August 19th. Microsoft’s dividend payout ratio is currently 35.42%.

A number of equities research analysts have recently weighed in on MSFT shares. Macquarie reiterated a “buy” rating and issued a $200.00 price objective on shares of Microsoft in a research report on Thursday, April 30th. Oppenheimer lowered Microsoft from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 23rd. Tigress Financial reiterated a “buy” rating on shares of Microsoft in a research report on Friday. Wells Fargo & Co lifted their price objective on Microsoft from $205.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. They noted that the move was a valuation call. Finally, Citigroup lifted their price objective on Microsoft from $179.00 to $216.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Four research analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $213.23.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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