Microsoft Corporation $MSFT Stock Holdings Increased by Raiffeisen Bank International AG

Raiffeisen Bank International AG grew its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 0.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 833,565 shares of the software giant’s stock after acquiring an additional 2,687 shares during the period. Microsoft comprises about 6.1% of Raiffeisen Bank International AG’s holdings, making the stock its 2nd biggest position. Raiffeisen Bank International AG’s holdings in Microsoft were worth $410,350,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Symphony Financial Ltd. Co. raised its holdings in Microsoft by 9,379.8% during the second quarter. Symphony Financial Ltd. Co. now owns 1,004,381 shares of the software giant’s stock worth $499,282,000 after purchasing an additional 993,786 shares during the last quarter. Y.D. More Investments Ltd grew its holdings in Microsoft by 2.8% in the second quarter. Y.D. More Investments Ltd now owns 50,319 shares of the software giant’s stock valued at $25,017,000 after purchasing an additional 1,347 shares during the last quarter. Foundation Wealth Management LLC PA increased its position in shares of Microsoft by 1.6% in the second quarter. Foundation Wealth Management LLC PA now owns 1,276 shares of the software giant’s stock valued at $635,000 after buying an additional 20 shares in the last quarter. Paul R. Ried Financial Group LLC raised its stake in shares of Microsoft by 0.8% during the 2nd quarter. Paul R. Ried Financial Group LLC now owns 54,326 shares of the software giant’s stock worth $27,022,000 after buying an additional 455 shares during the last quarter. Finally, Integrated Quantitative Investments LLC purchased a new stake in shares of Microsoft in the 2nd quarter worth about $4,521,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the subject of several recent research reports. DA Davidson restated a “buy” rating and set a $650.00 target price on shares of Microsoft in a report on Thursday. Raymond James Financial dropped their price objective on shares of Microsoft from $630.00 to $600.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Melius Research upped their target price on Microsoft from $595.00 to $625.00 in a research note on Thursday, September 25th. Citigroup increased their target price on Microsoft from $682.00 to $690.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Daiwa Capital Markets cut their price target on Microsoft from $640.00 to $630.00 and set a “buy” rating for the company in a report on Friday, November 7th. 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 company’s stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $632.34.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $483.16 on Friday. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45. The business has a fifty day simple moving average of $507.29 and a 200-day simple moving average of $501.25. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10. The company has a market cap of $3.59 trillion, a P/E ratio of 34.36, a P/E/G ratio of 1.81 and a beta of 1.07.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share for the quarter, topping the consensus estimate of $3.65 by $0.48. The business had revenue of $77.67 billion for the quarter, compared to analyst estimates of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The company’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.30 EPS. Equities research analysts forecast that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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

Insider Transactions at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 2,850 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $478.72, for a total value of $1,364,352.00. Following the transaction, the executive vice president directly owned 55,782 shares of the company’s stock, valued at $26,703,959.04. This trade represents a 4.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Judson Althoff sold 12,750 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total value of $6,266,880.00. Following the transaction, the chief executive officer owned 129,349 shares in the company, valued at approximately $63,577,620.48. This represents a 8.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 54,100 shares of company stock worth $27,598,872. 0.03% of the stock is currently owned by company insiders.

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.