Mutual Advisors LLC Has $81.80 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Mutual Advisors LLC lifted its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 217,522 shares of the software giant’s stock after buying an additional 10,659 shares during the quarter. Microsoft comprises approximately 2.8% of Mutual Advisors LLC’s holdings, making the stock its 5th biggest position. Mutual Advisors LLC’s holdings in Microsoft were worth $81,797,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Monumental Financial Group Inc. bought a new position in Microsoft during the first quarter worth $28,000. Atlantic Private Wealth LLC boosted its position in Microsoft by 534.5% during the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after purchasing an additional 155 shares during the period. Hibernia Wealth Partners LLC bought a new position in Microsoft during the third quarter worth $69,000. Iron Horse Wealth Management LLC boosted its position in Microsoft by 89.0% during the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after purchasing an additional 105 shares during the period. Finally, MayTech Global Investments LLC bought a new position in Microsoft during the fourth quarter worth $83,000. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Down 0.7 %

Shares of NASDAQ MSFT opened at $421.44 on Wednesday. Microsoft Co. has a 52 week low of $275.37 and a 52 week high of $430.82. The business has a 50-day simple moving average of $411.82 and a two-hundred day simple moving average of $376.06. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. The company has a market cap of $3.13 trillion, a P/E ratio of 38.10, a P/E/G ratio of 2.24 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its earnings results 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 business had revenue of $62.02 billion during the quarter, compared to the consensus estimate of $61.14 billion. During the same quarter last year, the company earned $2.32 EPS. The firm’s revenue was up 17.6% compared to the same quarter last year. Research analysts anticipate that Microsoft Co. will post 11.63 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.71%. Microsoft’s dividend payout ratio (DPR) is presently 27.12%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Piper Sandler reissued an “overweight” rating and set a $455.00 target price on shares of Microsoft in a report on Thursday, January 25th. Argus lifted their target price on Microsoft from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Tuesday, December 5th. Wells Fargo & Company lifted their target price on Microsoft from $435.00 to $460.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. BMO Capital Markets lifted their target price on Microsoft from $420.00 to $455.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. 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. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $425.52.

Get Our Latest Analysis on Microsoft

Insider Activity

In other news, insider Bradford L. Smith sold 3,303 shares of Microsoft 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 approximately $231,823,855.12. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is currently owned by insiders.

Microsoft 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

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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