Tompkins Financial Corp Has $55.64 Million Stock Holdings in Microsoft Corporation $MSFT

Tompkins Financial Corp decreased its stake in shares of Microsoft Corporation (NASDAQ:MSFTFree Report) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 115,043 shares of the software giant’s stock after selling 2,360 shares during the period. Microsoft comprises about 4.3% of Tompkins Financial Corp’s investment portfolio, making the stock its 4th biggest holding. Tompkins Financial Corp’s holdings in Microsoft were worth $55,637,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MSFT. WFA Asset Management Corp grew its position in shares of Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. raised its position in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC lifted its stake in Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock worth $1,144,000 after purchasing an additional 2,138 shares during the last quarter. Wealth Group Ltd. boosted its holdings in Microsoft by 1.2% in the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant’s stock worth $1,000,000 after purchasing an additional 28 shares during the period. Finally, Eagle Capital Management LLC boosted its holdings in Microsoft by 0.4% in the fourth quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant’s stock worth $9,735,000 after purchasing an additional 96 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other news, Director John W. Stanton acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was acquired at an average price of $397.35 per share, for a total transaction of $1,986,750.00. Following the completion of the acquisition, the director directly owned 83,905 shares in the company, valued at $33,339,651.75. This represents a 6.34% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kathleen T. Hogan sold 12,321 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $409.52, for a total value of $5,045,695.92. Following the transaction, the executive vice president directly owned 137,933 shares of the company’s stock, valued at $56,486,322.16. This represents a 8.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Down 2.5%

MSFT stock opened at $356.77 on Friday. The firm’s 50-day moving average is $409.36 and its two-hundred day moving average is $467.65. The company has a market capitalization of $2.65 trillion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 1.39 and a beta of 1.10. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45. The company has a current ratio of 1.39, a quick ratio of 1.38 and a debt-to-equity ratio of 0.09.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The software giant reported $4.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.86 by $0.28. Microsoft had a net margin of 39.04% and a return on equity of 32.34%. The business had revenue of $81.27 billion during the quarter, compared to analysts’ expectations of $80.28 billion. During the same period last year, the firm posted $3.23 earnings per share. The business’s revenue was up 16.7% on a year-over-year basis. On average, analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, May 21st. Microsoft’s dividend payout ratio (DPR) is presently 22.76%.

Key Microsoft News

Here are the key news stories impacting Microsoft this week:

Analyst Ratings Changes

A number of analysts have weighed in on MSFT shares. Jefferies Financial Group reissued a “buy” rating on shares of Microsoft in a report on Thursday, March 5th. DA Davidson reaffirmed a “buy” rating and set a $650.00 price objective on shares of Microsoft in a research report on Thursday, January 29th. Morgan Stanley reiterated an “overweight” rating on shares of Microsoft in a research note on Thursday, January 29th. TD Cowen restated a “buy” rating on shares of Microsoft in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Microsoft in a report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and a consensus target price of $588.97.

Read Our Latest Research Report on MSFT

About Microsoft

(Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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