Mirador Capital Partners LP Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)

Mirador Capital Partners LP boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 71.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,184 shares of the software giant’s stock after acquiring an additional 12,959 shares during the quarter. Microsoft makes up approximately 2.5% of Mirador Capital Partners LP’s portfolio, making the stock its 8th largest holding. Mirador Capital Partners LP’s holdings in Microsoft were worth $11,726,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSFT. Moneta Group Investment Advisors LLC raised its position in Microsoft by 112,158.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock valued at $36,017,948,000 after acquiring an additional 150,053,637 shares in the last quarter. Norges Bank bought a new position in shares of Microsoft in the fourth quarter valued at approximately $20,700,525,000. Aaron Wealth Advisors LLC raised its position in shares of Microsoft by 35,465.9% in the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after purchasing an additional 20,553,188 shares during the period. Morgan Stanley raised its position in shares of Microsoft by 14.0% in the fourth quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock valued at $28,638,815,000 after purchasing an additional 14,652,150 shares during the period. Finally, Osaic Holdings Inc. raised its position in shares of Microsoft by 348.6% in the second quarter. Osaic Holdings Inc. now owns 11,998,927 shares of the software giant’s stock valued at $894,426,000 after purchasing an additional 9,324,182 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Up 0.2 %

Shares of NASDAQ:MSFT opened at $414.58 on Wednesday. Microsoft Co. has a 52 week low of $275.37 and a 52 week high of $430.82. 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’s fifty day moving average is $415.53 and its 200-day moving average is $383.95. The company has a market capitalization of $3.08 trillion, a PE ratio of 37.48, a P/E/G ratio of 2.25 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $61.14 billion. During the same quarter in the previous year, the company earned $2.32 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Equities research analysts predict that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued 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 dividend yield of 0.72%. Microsoft’s dividend payout ratio is 27.12%.

Insider Activity at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated 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 transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft 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 completion of the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Insiders sold 1,070,258 shares of company stock valued at $30,690,456 over the last ninety days. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MSFT. DA Davidson reissued a “buy” rating and issued a $500.00 price target on shares of Microsoft in a research report on Friday, March 15th. Truist Financial reissued a “buy” rating and issued a $600.00 price target on shares of Microsoft in a research report on Monday, March 25th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Jefferies Financial Group lifted their price target on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Finally, Royal Bank of Canada raised their price objective on shares of Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $430.52.

Microsoft Profile

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.