Compagnie Lombard Odier SCmA Has $594.47 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Compagnie Lombard Odier SCmA boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,381,517 shares of the software giant’s stock after acquiring an additional 49,149 shares during the quarter. Microsoft accounts for about 9.2% of Compagnie Lombard Odier SCmA’s investment portfolio, making the stock its largest position. Compagnie Lombard Odier SCmA’s holdings in Microsoft were worth $594,467,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Christopher J. Hasenberg Inc raised its position in Microsoft by 169.2% during the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Quarry LP purchased a new position in shares of Microsoft during the 2nd quarter valued at about $45,000. Innealta Capital LLC bought a new stake in Microsoft in the 2nd quarter worth approximately $75,000. Bellevue Group AG boosted its stake in Microsoft by 47.5% in the first quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after buying an additional 58 shares in the last quarter. Finally, Bbjs Financial Advisors LLC grew its position in Microsoft by 241.4% during the second quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock valued at $169,000 after acquiring an additional 268 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $414.72, for a total value of $414,720.00. Following the transaction, the chief marketing officer now owns 57,511 shares in the company, valued at approximately $23,850,961.92. This represents a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the sale, the insider now directly owns 544,847 shares of the company’s stock, valued at $219,349,953.73. This trade represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 209,431 shares of company stock valued at $85,796,688. 0.03% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a report on Thursday, October 31st. Wells Fargo & Company reissued a “buy” rating on shares of Microsoft in a research note on Friday, October 18th. DA Davidson cut Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price objective on the stock. in a research note on Monday, September 23rd. Sanford C. Bernstein decreased their price objective on Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Oppenheimer lowered Microsoft from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 8th. Three analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $503.03.

Microsoft Price Performance

MSFT stock opened at $423.46 on Monday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The firm has a 50 day moving average price of $420.84 and a 200-day moving average price of $426.55. Microsoft Co. has a 52-week low of $362.90 and a 52-week high of $468.35. The firm has a market capitalization of $3.15 trillion, a price-to-earnings ratio of 34.94, a PEG ratio of 2.25 and a beta of 0.91.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business had revenue of $65.59 billion during the quarter, compared to analysts’ expectations of $64.57 billion. During the same quarter in the previous year, the business earned $2.99 earnings per share. The firm’s quarterly revenue was up 16.0% compared to the same quarter last year. Equities research analysts forecast that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft announced that its board has approved a stock repurchase plan on Monday, September 16th that allows the company to buyback $60.00 billion in outstanding shares. This buyback authorization allows the software giant to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Microsoft Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a $0.83 dividend. This is a boost from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.78%. Microsoft’s payout ratio is presently 27.39%.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.