Microsoft Co. (NASDAQ:MSFT) Stake Boosted by Lineweaver Wealth Advisors LLC

Lineweaver Wealth Advisors LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,302 shares of the software giant’s stock after purchasing an additional 926 shares during the quarter. Microsoft makes up 1.9% of Lineweaver Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Lineweaver Wealth Advisors LLC’s holdings in Microsoft were worth $7,263,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Monumental Financial Group Inc. bought a new position in shares of Microsoft during the first quarter valued at approximately $28,000. Atlantic Private Wealth LLC grew its holdings in Microsoft by 534.5% in the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after buying an additional 155 shares in the last quarter. Hibernia Wealth Partners LLC bought a new position in Microsoft in the 3rd quarter worth approximately $69,000. Iron Horse Wealth Management LLC grew its holdings in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after buying an additional 105 shares in the last quarter. Finally, MayTech Global Investments LLC bought a new position in Microsoft in the 4th quarter worth approximately $83,000. 71.13% of the stock is owned by institutional investors.

Microsoft Trading Down 0.7 %

NASDAQ MSFT opened at $411.84 on Thursday. Microsoft Co. has a 1-year low of $275.37 and a 1-year high of $430.82. 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 company has a market capitalization of $3.06 trillion, a PE ratio of 37.24, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. The firm’s fifty day simple moving average is $415.48 and its 200-day simple moving average is $384.15.

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

Microsoft Announces Dividend

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

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the transaction, the insider now directly owns 574,129 shares of the company’s stock, valued at $236,414,839.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the transaction, the insider now directly owns 574,129 shares of the company’s stock, valued at $236,414,839.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction on 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 in the company, valued at $22,770,926.10. 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 three months. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. UBS Group reissued a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. Macquarie increased their price objective on Microsoft from $430.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Truist Financial reissued a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a report on Monday, March 25th. Wedbush restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Wednesday, April 10th. Finally, Morgan Stanley upped their target price on Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Four research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $431.03.

About Microsoft

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.