One Plus One Wealth Management LLC Has $2.31 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

One Plus One Wealth Management LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT) by 4.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,135 shares of the software giant’s stock after selling 270 shares during the quarter. Microsoft comprises about 1.4% of One Plus One Wealth Management LLC’s portfolio, making the stock its 24th biggest position. One Plus One Wealth Management LLC’s holdings in Microsoft were worth $2,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sicart Associates LLC grew its stake in shares of Microsoft by 2.9% during the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock worth $348,000 after acquiring an additional 26 shares during the period. Mayfair Advisory Group LLC grew its stake in shares of Microsoft by 0.7% during the 4th quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after acquiring an additional 27 shares during the period. High Pines Wealth Management LLC grew its stake in shares of Microsoft by 1.3% during the 3rd quarter. High Pines Wealth Management LLC now owns 2,256 shares of the software giant’s stock worth $712,000 after acquiring an additional 28 shares during the period. Sonen Capital LLC grew its stake in shares of Microsoft by 0.3% during the 3rd quarter. Sonen Capital LLC now owns 10,132 shares of the software giant’s stock worth $3,199,000 after acquiring an additional 28 shares during the period. Finally, Perritt Capital Management Inc. grew its stake in shares of Microsoft by 3.3% during the 3rd quarter. Perritt Capital Management Inc. now owns 937 shares of the software giant’s stock worth $296,000 after acquiring an additional 30 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of Microsoft stock opened at $404.27 on Friday. 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 business’s 50 day simple moving average is $415.29 and its two-hundred day simple moving average is $384.29. The stock has a market capitalization of $3.00 trillion, a P/E ratio of 36.55, a price-to-earnings-growth ratio of 2.21 and a beta of 0.89. Microsoft Co. has a one year low of $275.37 and a one year high of $430.82.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. The firm had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $2.32 EPS. Analysts forecast that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders 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 dividend yield of 0.74%. Microsoft’s dividend payout ratio is currently 27.12%.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 3,303 shares of Microsoft 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 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 filing with the SEC, which is available through this link. In other news, insider Bradford L. Smith sold 3,303 shares of Microsoft 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 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 filing with the SEC, which is available through this link. Also, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction that occurred 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 sale, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. Wells Fargo & Company raised their target price on Microsoft from $460.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday. KeyCorp assumed coverage on Microsoft in a research note on Thursday, March 21st. They issued an “overweight” rating and a $490.00 target price for the company. UBS Group restated a “buy” rating and issued a $480.00 target price on shares of Microsoft in a research note on Wednesday, April 10th. BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price for the company in a research note on Thursday, January 18th. Finally, Macquarie raised their target price on Microsoft from $430.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $432.13.

Microsoft Company 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.