Madison Wealth Partners Inc Has $2.36 Million Position in Microsoft Co. (NASDAQ:MSFT)

Madison Wealth Partners Inc raised its holdings in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,123 shares of the software giant’s stock after purchasing an additional 202 shares during the quarter. Microsoft makes up 1.5% of Madison Wealth Partners Inc’s holdings, making the stock its 14th biggest position. Madison Wealth Partners Inc’s holdings in Microsoft were worth $2,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Walled Lake Planning & Wealth Management LLC grew its holdings in shares of Microsoft by 0.5% in the second quarter. Walled Lake Planning & Wealth Management LLC now owns 7,369 shares of the software giant’s stock worth $1,893,000 after acquiring an additional 38 shares during the period. Financial Advisors Network Inc. boosted its position in Microsoft by 1.1% in the second quarter. Financial Advisors Network Inc. now owns 3,482 shares of the software giant’s stock worth $894,000 after purchasing an additional 39 shares during the last quarter. Donoghue Forlines LLC boosted its position in Microsoft by 1.6% in the second quarter. Donoghue Forlines LLC now owns 2,598 shares of the software giant’s stock worth $667,000 after purchasing an additional 40 shares during the last quarter. Fountainhead AM LLC grew its stake in shares of Microsoft by 1.0% during the 2nd quarter. Fountainhead AM LLC now owns 4,196 shares of the software giant’s stock valued at $1,078,000 after purchasing an additional 41 shares during the period. Finally, Lokken Investment Group LLC increased its position in shares of Microsoft by 0.3% during the 2nd quarter. Lokken Investment Group LLC now owns 11,976 shares of the software giant’s stock valued at $3,076,000 after purchasing an additional 41 shares during the last quarter. 69.15% of the stock is owned by institutional investors.

Microsoft Price Performance

MSFT opened at $231.93 on Friday. The business has a fifty day moving average of $241.84 and a 200 day moving average of $250.23. The stock has a market cap of $1.73 trillion, a P/E ratio of 24.99, a PEG ratio of 2.35 and a beta of 0.94. The company has a quick ratio of 1.79, a current ratio of 1.84 and a debt-to-equity ratio of 0.26. Microsoft Co. has a 52-week low of $213.43 and a 52-week high of $315.95.

Microsoft (NASDAQ:MSFTGet Rating) last issued its earnings results on Tuesday, October 25th. The software giant reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.06. The firm had revenue of $50.12 billion during the quarter, compared to analyst estimates of $49.70 billion. Microsoft had a net margin of 34.37% and a return on equity of 42.10%. The business’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.27 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 9.52 EPS for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 9th. Shareholders of record on Wednesday, February 15th will be paid a $0.68 dividend. The ex-dividend date is Wednesday, February 15th. This represents a $2.72 dividend on an annualized basis and a yield of 1.17%. Microsoft’s dividend payout ratio is currently 29.31%.

Insider Transactions at Microsoft

In related news, EVP Judson Althoff sold 24,144 shares of the stock in a transaction that occurred on Thursday, December 1st. The stock was sold at an average price of $254.27, for a total value of $6,139,094.88. Following the transaction, the executive vice president now owns 150,047 shares of the company’s stock, valued at $38,152,450.69. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MSFT. Credit Suisse Group set a $365.00 price objective on shares of Microsoft in a research report on Friday, December 9th. BMO Capital Markets cut their price target on Microsoft from $295.00 to $270.00 and set an “outperform” rating for the company in a research note on Wednesday, October 26th. Guggenheim downgraded Microsoft from a “neutral” rating to a “sell” rating and set a $212.00 price objective on the stock. in a research report on Tuesday. Royal Bank of Canada set a $285.00 price objective on Microsoft in a research note on Wednesday. Finally, Morgan Stanley decreased their target price on Microsoft from $325.00 to $307.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty-nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $288.33.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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