Stokes Capital Advisors LLC Has $13.52 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Stokes Capital Advisors LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 35,950 shares of the software giant’s stock after acquiring an additional 1,226 shares during the period. Microsoft makes up about 4.3% of Stokes Capital Advisors LLC’s portfolio, making the stock its largest holding. Stokes Capital Advisors LLC’s holdings in Microsoft were worth $13,519,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. High Pines Wealth Management LLC raised its position in shares of Microsoft by 1.3% in the third quarter. High Pines Wealth Management LLC now owns 2,256 shares of the software giant’s stock valued at $712,000 after buying an additional 28 shares during the last quarter. Sonen Capital LLC raised its position in shares of Microsoft by 0.3% in the third quarter. Sonen Capital LLC now owns 10,132 shares of the software giant’s stock valued at $3,199,000 after buying an additional 28 shares during the last quarter. Perritt Capital Management Inc. raised its position in shares of Microsoft by 3.3% in the third quarter. Perritt Capital Management Inc. now owns 937 shares of the software giant’s stock valued at $296,000 after buying an additional 30 shares during the last quarter. Noble Family Wealth LLC raised its position in shares of Microsoft by 1.3% in the third quarter. Noble Family Wealth LLC now owns 2,331 shares of the software giant’s stock valued at $736,000 after buying an additional 31 shares during the last quarter. Finally, O Connor Financial Group LLC raised its position in shares of Microsoft by 1.4% in the third quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after buying an additional 31 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on MSFT shares. Raymond James increased their target price on shares of Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Jefferies Financial Group raised their price objective on shares of Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday. Barclays raised their price objective on shares of Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. KeyCorp initiated coverage on shares of Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price objective for the company. Finally, Mizuho raised their price objective on shares of Microsoft from $420.00 to $450.00 and gave the stock a “buy” rating in a research report on Friday, December 15th. Four equities research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $425.52.

Check Out Our Latest Stock Report on MSFT

Insider Activity at Microsoft

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on 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 transaction, 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. 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 transaction of $1,341,414.36. Following the sale, the insider now directly owns 570,826 shares in the company, valued at approximately $231,823,855.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction dated Thursday, February 22nd. The shares were 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 directly owns 11,677,398 shares in the company, valued at $22,770,926.10. 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 three months. Insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of Microsoft stock opened at $420.45 on Thursday. The firm’s fifty day simple moving average is $412.27 and its 200-day simple moving average is $376.71. The stock has a market capitalization of $3.12 trillion, a price-to-earnings ratio of 38.02, a PEG ratio of 2.26 and a beta of 0.89. Microsoft Co. has a 12 month low of $275.37 and a 12 month high of $430.82. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20.

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

Microsoft Announces Dividend

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

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

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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