Stephens Inc. AR Reduces Stake in Microsoft Co. (MSFT)


Stephens Inc. AR lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 5.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 365,335 shares of the software giant’s stock after selling 22,557 shares during the period. Microsoft accounts for approximately 1.2% of Stephens Inc. AR’s holdings, making the stock its 12th biggest position. Stephens Inc. AR’s holdings in Microsoft were worth $31,251,000 at the end of the most recent quarter.


Several other hedge funds have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in Microsoft in the 4th quarter worth about $103,000. Cerebellum GP LLC bought a new position in Microsoft in the 4th quarter worth about $134,000. Family Capital Trust Co bought a new position in Microsoft in the 4th quarter worth about $188,000. Moller Financial Services bought a new position in Microsoft in the 4th quarter worth about $205,000. Finally, Marquette Asset Management LLC bought a new position in Microsoft in the 4th quarter worth about $211,000. Hedge funds and other institutional investors own 72.44% of the company’s stock.


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A number of brokerages recently issued reports on MSFT. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Credit Suisse Group set a $115.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Tuesday, April 24th. UBS set a $114.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Friday, April 27th. Finally, KeyCorp reissued a “buy” rating and issued a $110.00 target price on shares of Microsoft in a research report on Friday, April 27th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirty-three have given a buy rating to the stock. Microsoft presently has a consensus rating of “Buy” and a consensus target price of $103.13.


Microsoft opened at $98.36 on Friday, Marketbeat Ratings reports. The company has a market capitalization of $759.66 billion, a P/E ratio of 29.72, a PEG ratio of 2.17 and a beta of 1.04. Microsoft Co. has a 12-month low of $68.02 and a 12-month high of $98.98. The company has a quick ratio of 3.35, a current ratio of 3.40 and a debt-to-equity ratio of 1.00.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, April 26th. The software giant reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.10. The company had revenue of $26.82 billion during the quarter, compared to analyst estimates of $25.78 billion. Microsoft had a net margin of 13.72% and a return on equity of 36.49%. The firm’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 EPS. analysts forecast that Microsoft Co. will post 3.8 EPS for the current year.


The company also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 17th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, May 16th. Microsoft’s dividend payout ratio is 50.76%.

Microsoft Profile

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network.


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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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