Dfpg Investments LLC Boosts Stake in Microsoft Co. (NASDAQ:MSFT)

Dfpg Investments LLC increased its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 20.1% during the fourth quarter, HoldingsChannel reports. The firm owned 80,603 shares of the software giant’s stock after acquiring an additional 13,490 shares during the period. Microsoft comprises approximately 2.3% of Dfpg Investments LLC’s portfolio, making the stock its 3rd biggest holding. Dfpg Investments LLC’s holdings in Microsoft were worth $29,872,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Thrive Wealth Management LLC raised its holdings in shares of Microsoft by 34.5% in the 4th quarter. Thrive Wealth Management LLC now owns 24,386 shares of the software giant’s stock worth $9,170,000 after purchasing an additional 6,249 shares during the period. Enterprise Bank & Trust Co raised its holdings in shares of Microsoft by 5.8% in the 4th quarter. Enterprise Bank & Trust Co now owns 36,794 shares of the software giant’s stock worth $13,836,000 after purchasing an additional 2,005 shares during the period. Howard Financial Services LTD. raised its holdings in Microsoft by 3.2% during the 4th quarter. Howard Financial Services LTD. now owns 16,394 shares of the software giant’s stock valued at $6,165,000 after acquiring an additional 512 shares during the period. Defined Wealth Management LLC raised its holdings in Microsoft by 1.7% during the 4th quarter. Defined Wealth Management LLC now owns 3,239 shares of the software giant’s stock valued at $1,218,000 after acquiring an additional 54 shares during the period. Finally, Sage Capital Advisors llc raised its holdings in Microsoft by 2.0% during the 4th quarter. Sage Capital Advisors llc now owns 42,342 shares of the software giant’s stock valued at $15,922,000 after acquiring an additional 836 shares during the period. Institutional investors own 69.20% of the company’s stock.

Microsoft Trading Down 0.1 %

Shares of MSFT stock opened at $428.74 on Friday. Microsoft Co. has a 1 year low of $272.05 and a 1 year high of $430.82. The firm has a fifty day moving average price of $408.33 and a 200-day moving average price of $371.83. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. The company has a market cap of $3.19 trillion, a price-to-earnings ratio of 38.76, a PEG ratio of 2.28 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company had revenue of $62.02 billion for the quarter, compared to analysts’ expectations of $61.14 billion. During the same quarter in the previous year, the company earned $2.32 EPS. Microsoft’s revenue for the quarter was up 17.6% on a year-over-year basis. As a group, equities analysts predict that Microsoft Co. will post 11.63 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.70%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is currently 27.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MSFT shares. China Renaissance started coverage on shares of Microsoft in a report on Tuesday, December 5th. They set a “buy” rating and a $466.00 target price on the stock. Raymond James increased their price objective on Microsoft from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Mizuho increased their price objective on Microsoft from $420.00 to $450.00 and gave the stock a “buy” rating in a research report on Friday, December 15th. Piper Sandler reissued an “overweight” rating and issued a $455.00 target price on shares of Microsoft in a research note on Thursday, January 25th. Finally, Barclays increased their target price on Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $417.37.

View Our Latest Stock Analysis on MSFT

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now owns 570,826 shares in the company, valued at approximately $231,823,855.12. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the sale, the insider now directly owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares in the company, valued at $231,823,855.12. The disclosure for this sale can be found here. Insiders have sold a total of 1,070,258 shares of company stock worth $30,690,456 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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