Genus Capital Management Inc. Increases Holdings in Microsoft Corporation $MSFT

Genus Capital Management Inc. boosted its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 579.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 23,156 shares of the software giant’s stock after buying an additional 19,750 shares during the period. Microsoft comprises about 1.5% of Genus Capital Management Inc.’s investment portfolio, making the stock its 14th largest holding. Genus Capital Management Inc.’s holdings in Microsoft were worth $11,518,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MSFT. Real Talk Capital LLC boosted its position in shares of Microsoft by 1.6% during the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant’s stock valued at $860,000 after purchasing an additional 37 shares in the last quarter. Bank Pictet & Cie Europe AG raised its holdings in shares of Microsoft by 3.8% in the 2nd quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant’s stock worth $457,119,000 after purchasing an additional 33,382 shares in the last quarter. Modern Wealth Management LLC lifted its stake in Microsoft by 39.3% during the first quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant’s stock valued at $54,376,000 after purchasing an additional 40,860 shares during the last quarter. Well Done LLC boosted its holdings in Microsoft by 8.9% during the second quarter. Well Done LLC now owns 9,911 shares of the software giant’s stock worth $4,930,000 after buying an additional 814 shares in the last quarter. Finally, Lantz Financial LLC grew its position in Microsoft by 2.5% in the second quarter. Lantz Financial LLC now owns 24,210 shares of the software giant’s stock worth $12,042,000 after buying an additional 580 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Performance

Shares of MSFT opened at $478.54 on Thursday. The company has a market capitalization of $3.56 trillion, a PE ratio of 34.04, a PEG ratio of 1.82 and a beta of 1.07. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.39 and a current ratio of 1.40. The company’s 50 day moving average price is $508.38 and its 200 day moving average price is $500.92. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The company had revenue of $77.67 billion during the quarter, compared to the consensus estimate of $75.49 billion. During the same quarter in the prior year, the firm earned $3.30 EPS. The company’s revenue was up 18.4% compared to the same quarter last year. Research analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. Microsoft’s dividend payout ratio (DPR) is presently 25.89%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Barclays restated an “overweight” rating and issued a $625.00 target price on shares of Microsoft in a report on Friday, August 29th. Wedbush reissued an “outperform” rating and issued a $625.00 price target on shares of Microsoft in a research note on Wednesday, October 22nd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Microsoft in a research note on Wednesday, November 19th. Raymond James Financial decreased their target price on shares of Microsoft from $630.00 to $600.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Finally, DZ Bank restated a “buy” rating on shares of Microsoft in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $634.33.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 38,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the completion of the sale, the insider owned 461,597 shares of the company’s stock, valued at approximately $239,402,668.08. The trade was a 7.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Judson Althoff sold 12,750 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the completion of the sale, the chief executive officer directly owned 129,349 shares of the company’s stock, valued at $63,577,620.48. This represents a 8.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.03% of the company’s stock.

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.