Blackhawk Capital Partners LLC. Purchases 67 Shares of Microsoft Co. (NASDAQ:MSFT)

Blackhawk Capital Partners LLC. raised its position in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,844 shares of the software giant’s stock after buying an additional 67 shares during the period. Microsoft accounts for about 2.8% of Blackhawk Capital Partners LLC.’s investment portfolio, making the stock its 5th biggest position. Blackhawk Capital Partners LLC.’s holdings in Microsoft were worth $4,078,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Forum Private Client Group LLC bought a new position in shares of Microsoft in the fourth quarter worth about $412,000. Kercheville Advisors LLC raised its stake in shares of Microsoft by 7.2% in the fourth quarter. Kercheville Advisors LLC now owns 21,627 shares of the software giant’s stock worth $8,133,000 after acquiring an additional 1,450 shares during the last quarter. Mayfair Advisory Group LLC raised its stake in shares of Microsoft by 0.7% in the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after acquiring an additional 27 shares during the last quarter. Chatham Capital Group Inc. raised its stake in shares of Microsoft by 1.1% in the fourth quarter. Chatham Capital Group Inc. now owns 30,761 shares of the software giant’s stock worth $11,567,000 after acquiring an additional 327 shares during the last quarter. Finally, Cornerstone Wealth Advisors Inc. bought a new position in shares of Microsoft in the fourth quarter worth about $219,000. 71.13% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the transaction, the insider now directly owns 570,826 shares in the company, valued at $231,823,855.12. The disclosure for this sale can be found here. Insiders have sold 1,070,258 shares of company stock valued at $30,690,456 over the last ninety days. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Wedbush reissued an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research note on Wednesday, April 10th. BMO Capital Markets boosted their price target on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. BNP Paribas raised shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target for the company in a research note on Thursday, January 18th. Morgan Stanley boosted their price target on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Finally, Raymond James boosted their price target on shares of Microsoft from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $431.03.

Microsoft Stock Performance

NASDAQ MSFT opened at $411.84 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The firm’s fifty day moving average price is $415.48 and its two-hundred day moving average price is $384.15. Microsoft Co. has a 1 year low of $275.37 and a 1 year high of $430.82. The firm has a market capitalization of $3.06 trillion, a P/E ratio of 37.24, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.17. The company had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.32 earnings per share. As a group, research analysts anticipate that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is presently 27.12%.

Microsoft 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.