Yousif Capital Management LLC Has $258.88 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Yousif Capital Management LLC lifted its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 3.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,079,463 shares of the software giant’s stock after acquiring an additional 39,208 shares during the period. Microsoft accounts for approximately 3.4% of Yousif Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Yousif Capital Management LLC’s holdings in Microsoft were worth $258,877,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Dentgroup LLC lifted its holdings in shares of Microsoft by 1.7% in the 4th quarter. Dentgroup LLC now owns 4,648 shares of the software giant’s stock valued at $1,115,000 after acquiring an additional 79 shares during the last quarter. Wedmont Private Capital raised its position in Microsoft by 79.6% in the 4th quarter. Wedmont Private Capital now owns 39,274 shares of the software giant’s stock worth $8,834,000 after purchasing an additional 17,402 shares during the period. Iowa State Bank raised its position in Microsoft by 4.4% in the 4th quarter. Iowa State Bank now owns 51,167 shares of the software giant’s stock worth $12,271,000 after purchasing an additional 2,155 shares during the period. Legacy Private Trust Co. raised its position in Microsoft by 7.1% in the 4th quarter. Legacy Private Trust Co. now owns 68,139 shares of the software giant’s stock worth $16,341,000 after purchasing an additional 4,540 shares during the period. Finally, Insight Wealth Strategies LLC raised its position in Microsoft by 1.8% in the 4th quarter. Insight Wealth Strategies LLC now owns 43,022 shares of the software giant’s stock worth $10,317,000 after purchasing an additional 768 shares during the period. Institutional investors own 69.15% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, CMO Christopher C. Capossela sold 1,000 shares of Microsoft stock in a transaction on Thursday, February 9th. The shares were sold at an average price of $269.38, for a total transaction of $269,380.00. Following the completion of the sale, the chief marketing officer now directly owns 117,362 shares in the company, valued at $31,614,975.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Satya Nadella sold 4,767 shares of Microsoft stock in a transaction on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the completion of the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at $196,272,990. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CMO Christopher C. Capossela sold 1,000 shares of Microsoft stock in a transaction on Thursday, February 9th. The stock was sold at an average price of $269.38, for a total transaction of $269,380.00. Following the sale, the chief marketing officer now owns 117,362 shares of the company’s stock, valued at $31,614,975.56. The disclosure for this sale can be found here. Insiders sold a total of 6,767 shares of company stock worth $1,728,111 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $279.43 on Friday. The company has a market cap of $2.08 trillion, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 2.54 and a beta of 0.92. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $315.95. The company has a quick ratio of 1.89, a current ratio of 1.93 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $252.31 and a two-hundred day moving average of $245.43.

Microsoft (NASDAQ:MSFT – Get Rating) last announced its earnings results on Tuesday, January 24th. The software giant reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.05. The company had revenue of $52.75 billion during the quarter, compared to the consensus estimate of $53.17 billion. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. Microsoft’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $2.48 earnings per share. As a group, analysts predict that Microsoft Co. will post 9.34 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 8th. Shareholders of record on Thursday, May 18th will be paid a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.72 annualized dividend and a yield of 0.97%. Microsoft’s dividend payout ratio (DPR) is 30.22%.

Analysts Set New Price Targets

MSFT has been the topic of a number of recent analyst reports. Fundamental Research reduced their price objective on shares of Microsoft from $269.73 to $259.47 and set a “buy” rating on the stock in a research report on Thursday, February 2nd. Mizuho increased their price objective on shares of Microsoft from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson increased their price objective on shares of Microsoft from $280.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, February 8th. Jefferies Financial Group set a $310.00 price objective on shares of Microsoft in a research report on Monday, February 27th. Finally, Citigroup raised their target price on shares of Microsoft from $280.00 to $282.00 and gave the stock a “buy” rating in a research report on Wednesday, January 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $286.05.

Microsoft Profile

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.