Mayfair Advisory Group LLC Has $1.43 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Mayfair Advisory Group LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,866 shares of the software giant’s stock after purchasing an additional 27 shares during the period. Microsoft accounts for about 1.2% of Mayfair Advisory Group LLC’s investment portfolio, making the stock its 16th biggest holding. Mayfair Advisory Group LLC’s holdings in Microsoft were worth $1,434,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MSFT. Monumental Financial Group Inc. acquired a new stake in shares of Microsoft in the first quarter valued at approximately $28,000. Atlantic Private Wealth LLC lifted its position in shares of Microsoft by 534.5% in the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after buying an additional 155 shares during the last quarter. Infrastructure Capital Advisors LLC acquired a new stake in shares of Microsoft in the second quarter valued at approximately $601,000. Hibernia Wealth Partners LLC acquired a new stake in shares of Microsoft in the third quarter valued at approximately $69,000. Finally, Iron Horse Wealth Management LLC lifted its position in shares of Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after buying an additional 105 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MSFT. UBS Group reaffirmed a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research report on Wednesday, April 10th. Barclays raised their price objective on Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Raymond James lifted their price target on Microsoft from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Morgan Stanley lifted their price target on Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, DA Davidson reissued a “buy” rating and set a $500.00 price target on shares of Microsoft in a report on Friday, March 15th. Four research analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $431.03.

Microsoft Stock Down 0.7 %

Shares of MSFT opened at $411.84 on Thursday. The company has a market capitalization of $3.06 trillion, a PE ratio of 37.24, a PEG ratio of 2.20 and a beta of 0.89. Microsoft Co. has a 12 month low of $275.37 and a 12 month high of $430.82. The stock’s 50-day moving average price is $415.48 and its two-hundred day moving average price is $384.15. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping the consensus estimate of $2.76 by $0.17. The firm had revenue of $62.02 billion for the quarter, compared to the consensus estimate of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.32 EPS. On average, analysts anticipate that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Dividend Announcement

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

Insiders Place Their Bets

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s 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 completion of the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,070,258 shares of company stock valued at $30,690,456. 0.03% of the stock is currently owned by company insiders.

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.