denkapparat Operations GmbH Buys 1,064 Shares of Microsoft Corporation $MSFT

denkapparat Operations GmbH grew its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 70.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 2,584 shares of the software giant’s stock after purchasing an additional 1,064 shares during the quarter. Microsoft makes up 1.0% of denkapparat Operations GmbH’s investment portfolio, making the stock its 7th largest position. denkapparat Operations GmbH’s holdings in Microsoft were worth $1,285,000 as of its most recent filing with the Securities & Exchange Commission.

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

Microsoft Stock Performance

Shares of MSFT stock opened at $483.16 on Friday. The firm has a market capitalization of $3.59 trillion, a price-to-earnings ratio of 34.36, a PEG ratio of 1.80 and a beta of 1.07. The company has a current ratio of 1.40, a quick ratio of 1.39 and a debt-to-equity ratio of 0.10. The business’s 50-day moving average price is $507.29 and its 200-day moving average price is $500.95. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.65 by $0.48. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.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 posted $3.30 earnings per share. The firm’s revenue was up 18.4% compared to the same quarter last year. Equities research analysts forecast that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MSFT shares. Daiwa Capital Markets decreased their price objective on shares of Microsoft from $640.00 to $630.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Morgan Stanley lifted their price target on Microsoft from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Evercore ISI set a $640.00 price objective on Microsoft in a research report on Thursday, October 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $675.00 price objective on shares of Microsoft in a research note on Wednesday. Finally, Raymond James Financial lowered their target price on Microsoft from $630.00 to $600.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $634.33.

Insider Transactions at Microsoft

In other Microsoft news, CEO Judson Althoff sold 12,750 shares of Microsoft stock in a transaction dated 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 transaction, the chief executive officer directly owned 129,349 shares of the company’s stock, valued at approximately $63,577,620.48. The trade was a 8.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Takeshi Numoto sold 2,850 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $478.72, for a total value of $1,364,352.00. Following the completion of the sale, the executive vice president owned 55,782 shares in the company, valued at $26,703,959.04. This trade represents a 4.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 54,100 shares of company stock worth $27,598,872. Company 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.