1834 Investment Advisors Co. Has $26.38 Million Position in Microsoft Co. (NASDAQ:MSFT)

1834 Investment Advisors Co. decreased its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,159 shares of the software giant’s stock after selling 6,374 shares during the quarter. Microsoft accounts for 3.2% of 1834 Investment Advisors Co.’s portfolio, making the stock its 8th largest position. 1834 Investment Advisors Co.’s holdings in Microsoft were worth $26,383,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Monumental Financial Group Inc. bought a new stake in Microsoft in the first quarter valued at approximately $28,000. Atlantic Private Wealth LLC lifted its position in Microsoft by 534.5% in the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after purchasing an additional 155 shares during the last quarter. Hibernia Wealth Partners LLC bought a new stake in Microsoft in the third quarter valued at approximately $69,000. Iron Horse Wealth Management LLC lifted its position in Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after purchasing an additional 105 shares during the last quarter. Finally, MayTech Global Investments LLC bought a new stake in Microsoft in the fourth quarter valued at approximately $83,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 0.2 %

MSFT stock opened at $420.72 on Friday. Microsoft Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The business’s 50-day moving average is $410.82 and its two-hundred day moving average is $374.31. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. The company has a market cap of $3.13 trillion, a price-to-earnings ratio of 38.04, a P/E/G ratio of 2.24 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping the consensus estimate of $2.76 by $0.17. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The firm had revenue of $62.02 billion for the quarter, compared to the consensus estimate of $61.14 billion. During the same quarter last year, the company earned $2.32 earnings per share. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, analysts forecast that Microsoft Co. will post 11.63 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 27.12%.

Insider Transactions at Microsoft

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the sale, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the sale, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. Insiders have sold 1,070,258 shares of company stock valued at $30,690,456 over the last quarter. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Truist Financial restated a “buy” rating and set a $600.00 target price on shares of Microsoft in a report on Monday, March 25th. Piper Sandler restated an “overweight” rating and set a $455.00 target price on shares of Microsoft in a report on Thursday, January 25th. Jefferies Financial Group restated a “buy” rating and set a $465.00 target price on shares of Microsoft in a report on Wednesday, March 6th. BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price for the company in a report on Thursday, January 18th. Finally, StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Four research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $423.34.

Get Our Latest Stock Report on Microsoft

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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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