Integrated Quantitative Investments LLC Acquires Shares of 9,089 Microsoft Corporation $MSFT

Integrated Quantitative Investments LLC bought a new position in Microsoft Corporation (NASDAQ:MSFT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 9,089 shares of the software giant’s stock, valued at approximately $4,521,000. Microsoft makes up about 1.3% of Integrated Quantitative Investments LLC’s holdings, making the stock its 3rd biggest holding.

A number of other hedge funds have also modified their holdings of the stock. Bulwark Capital Corp bought a new position in shares of Microsoft in the 2nd quarter valued at approximately $32,000. Westend Capital Management LLC increased its holdings in Microsoft by 386.7% in the 2nd quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after buying an additional 58 shares during the period. LSV Asset Management bought a new stake in Microsoft in the fourth quarter valued at about $44,000. PayPay Securities Corp raised its stake in Microsoft by 29.9% during the second quarter. PayPay Securities Corp now owns 126 shares of the software giant’s stock worth $63,000 after acquiring an additional 29 shares in the last quarter. Finally, Legend Financial Advisors Inc. bought a new stake in shares of Microsoft in the 2nd quarter worth about $69,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Up 0.5%

MSFT stock opened at $483.16 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.39. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45. The business’s fifty day moving average price is $507.29 and its two-hundred day moving average price is $501.25. The stock has a market capitalization of $3.59 trillion, a price-to-earnings ratio of 34.36, a PEG ratio of 1.81 and a beta of 1.07.

Microsoft (NASDAQ:MSFT) last issued its quarterly 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 return on equity of 32.45% and a net margin of 35.71%.The business had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. During the same quarter in the prior year, the business posted $3.30 earnings per share. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. On average, equities analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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 $0.91 dividend. The ex-dividend date 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%.

Insider Activity at Microsoft

In related news, CEO Judson Althoff sold 12,750 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the completion of the transaction, the chief executive officer directly owned 129,349 shares in the company, valued at $63,577,620.48. This represents a 8.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bradford L. Smith sold 38,500 shares of the company’s stock in a transaction dated 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 transaction, the insider directly 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 disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 54,100 shares of company stock valued at $27,598,872. 0.03% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Truist Financial boosted their price objective on Microsoft from $650.00 to $675.00 and gave the stock a “buy” rating in a research note on Monday, August 18th. Evercore ISI set a $640.00 target price on Microsoft in a research report on Thursday, October 30th. Morgan Stanley lifted their price objective on Microsoft from $625.00 to $650.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. TD Cowen upped their target price on shares of Microsoft from $640.00 to $655.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Microsoft in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $632.34.

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.