Denver Wealth Management Inc. Has $580,000 Stock Position in Microsoft Co. (NASDAQ:MSFT)

Denver Wealth Management Inc. lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,543 shares of the software giant’s stock after buying an additional 33 shares during the period. Denver Wealth Management Inc.’s holdings in Microsoft were worth $580,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MSFT. Colonial River Wealth Management LLC increased its stake in shares of Microsoft by 44.1% in the fourth quarter. Colonial River Wealth Management LLC now owns 17,891 shares of the software giant’s stock valued at $6,728,000 after buying an additional 5,473 shares during the period. TTP Investments Inc. increased its position in Microsoft by 118.2% in the 4th quarter. TTP Investments Inc. now owns 18,244 shares of the software giant’s stock valued at $6,861,000 after acquiring an additional 9,881 shares during the period. Founders Capital Management LLC raised its stake in shares of Microsoft by 0.3% during the fourth quarter. Founders Capital Management LLC now owns 123,948 shares of the software giant’s stock valued at $46,609,000 after acquiring an additional 355 shares during the last quarter. Physician Wealth Advisors Inc. raised its stake in shares of Microsoft by 10.1% during the fourth quarter. Physician Wealth Advisors Inc. now owns 15,220 shares of the software giant’s stock valued at $6,035,000 after acquiring an additional 1,393 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC lifted its holdings in shares of Microsoft by 4.1% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 19,950 shares of the software giant’s stock worth $7,502,000 after purchasing an additional 794 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

Shares of MSFT opened at $400.96 on Tuesday. 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 stock has a 50 day moving average price of $414.57 and a two-hundred day moving average price of $386.37. The firm has a market capitalization of $2.98 trillion, a P/E ratio of 36.25, a P/E/G ratio of 2.16 and a beta of 0.89.

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

Microsoft Announces Dividend

The company 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 dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 27.12%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Morgan Stanley increased their price objective on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Royal Bank of Canada increased their price target on Microsoft from $415.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Citigroup cut their price objective on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Finally, BMO Capital Markets raised their price target on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. Four research analysts have rated the stock with a hold rating and thirty-five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $434.05.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction that occurred 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 transaction, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 3,303 shares of the stock in a transaction dated 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 transaction, 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 ninety days, insiders sold 1,070,258 shares of company stock valued at $30,690,456. Corporate insiders own 0.03% of the company’s stock.

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.