1,846 Shares in Microsoft Corporation (NASDAQ:MSFT) Bought by Note Advisors LLC

Note Advisors LLC acquired a new position in shares of Microsoft Corporation (NASDAQ:MSFTFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,846 shares of the software giant’s stock, valued at approximately $778,000.

Several other hedge funds and other institutional investors have also modified their holdings of MSFT. Muirfield Wealth Advisors LLC lifted its holdings in shares of Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after buying an additional 24 shares during the period. Retirement Financial Solutions LLC lifted its holdings in shares of Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after buying an additional 24 shares during the period. Sterling Group Wealth Management LLC lifted its stake in shares of Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock worth $2,335,000 after purchasing an additional 25 shares during the last quarter. Kuhn & Co Investment Counsel lifted its stake in shares of Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock worth $1,385,000 after purchasing an additional 25 shares during the last quarter. Finally, Alliance Wealth Management Group lifted its stake in shares of Microsoft by 0.4% during the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant’s stock worth $2,368,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Benchmark restated a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. Evercore ISI set a $515.00 price objective on Microsoft and gave the stock an “outperform” rating in a research note on Wednesday, May 21st. UBS Group decreased their price objective on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Mizuho upped their price objective on Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 1st. Finally, TD Securities upped their price objective on Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $515.68.

Get Our Latest Stock Analysis on MSFT

Microsoft Stock Down 0.2%

Shares of MSFT stock opened at $478.04 on Wednesday. The stock’s 50-day simple moving average is $432.29 and its 200-day simple moving average is $419.32. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The firm has a market capitalization of $3.55 trillion, a PE ratio of 36.94, a P/E/G ratio of 2.44 and a beta of 1.03. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $480.69.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The firm had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the prior year, the business earned $2.94 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. Equities analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.69%. Microsoft’s payout ratio is 25.66%.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president now owns 43,930 shares in the company, valued at $20,339,590. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 over the last quarter. 0.03% of the stock is currently owned by insiders.

Microsoft Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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