MRA Advisory Group Has $2.34 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

MRA Advisory Group increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,763 shares of the software giant’s stock after purchasing an additional 1,050 shares during the period. Microsoft makes up about 1.8% of MRA Advisory Group’s holdings, making the stock its 21st biggest position. MRA Advisory Group’s holdings in Microsoft were worth $2,341,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Rheos Capital Works Inc. boosted its holdings in Microsoft by 165.4% in the fourth quarter. Rheos Capital Works Inc. now owns 399,100 shares of the software giant’s stock worth $95,712,000 after acquiring an additional 248,700 shares in the last quarter. Tranquility Partners LLC lifted its holdings in shares of Microsoft by 1.2% in the fourth quarter. Tranquility Partners LLC now owns 39,276 shares of the software giant’s stock valued at $9,419,000 after purchasing an additional 471 shares in the last quarter. Olistico Wealth LLC bought a new position in shares of Microsoft in the fourth quarter valued at approximately $2,061,000. First Business Financial Services Inc. lifted its holdings in shares of Microsoft by 1.6% in the fourth quarter. First Business Financial Services Inc. now owns 14,093 shares of the software giant’s stock valued at $3,380,000 after purchasing an additional 216 shares in the last quarter. Finally, Stack Financial Management Inc increased its position in shares of Microsoft by 0.5% during the fourth quarter. Stack Financial Management Inc now owns 300,017 shares of the software giant’s stock valued at $71,950,000 after acquiring an additional 1,437 shares during the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their price target on Microsoft from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Wednesday, April 26th. Piper Sandler raised their target price on Microsoft from $290.00 to $348.00 in a research report on Wednesday, April 26th. Moffett Nathanson lifted their price target on Microsoft from $263.00 to $306.00 and gave the company a “market perform” rating in a research report on Wednesday, April 26th. Oppenheimer lifted their price target on Microsoft from $310.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, April 26th. Finally, Royal Bank of Canada lifted their price target on Microsoft from $285.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirty-two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $323.28.

Insiders Place Their Bets

In related news, CMO Christopher C. Capossela sold 1,000 shares of the business’s stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $272.32, for a total value of $272,320.00. Following the sale, the chief marketing officer now directly owns 116,362 shares in the company, valued at $31,687,699.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $308.70, for a total transaction of $1,543,500.00. Following the sale, the chief marketing officer now directly owns 105,206 shares of the company’s stock, valued at $32,477,092.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Christopher C. Capossela sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $272.32, for a total value of $272,320.00. Following the sale, the chief marketing officer now directly owns 116,362 shares in the company, valued at $31,687,699.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,767 shares of company stock worth $13,735,181. Corporate insiders own 0.03% of the company’s stock.

Microsoft Trading Down 0.4 %

NASDAQ:MSFT opened at $308.97 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.91 and a quick ratio of 1.88. The firm has a market capitalization of $2.30 trillion, a price-to-earnings ratio of 33.47, a price-to-earnings-growth ratio of 2.75 and a beta of 0.93. Microsoft Co. has a one year low of $213.43 and a one year high of $313.00. The business has a fifty day moving average price of $284.73 and a 200-day moving average price of $258.41.

Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings data on Tuesday, April 25th. The software giant reported $2.45 EPS for the quarter, topping the consensus estimate of $2.22 by $0.23. Microsoft had a return on equity of 38.98% and a net margin of 33.25%. The firm had revenue of $52.86 billion during the quarter, compared to analyst estimates of $51.01 billion. During the same period in the prior year, the business posted $2.22 EPS. Microsoft’s revenue was up 7.1% on a year-over-year basis. Sell-side analysts forecast that Microsoft Co. will post 9.61 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently declared 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 is Wednesday, May 17th. This represents a $2.72 dividend on an annualized basis and a yield of 0.88%. Microsoft’s payout ratio is presently 29.47%.

Microsoft Company 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.