Founders Capital Management LLC Has $46.61 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Founders Capital Management LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,948 shares of the software giant’s stock after acquiring an additional 355 shares during the quarter. Microsoft comprises about 9.6% of Founders Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Founders Capital Management LLC’s holdings in Microsoft were worth $46,609,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MSFT. Hibernia Wealth Partners LLC acquired a new position in shares of Microsoft in the 3rd quarter worth $69,000. Iron Horse Wealth Management LLC boosted its position in shares of Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after purchasing an additional 105 shares during the period. Authentikos Wealth Advisory LLC acquired a new stake in Microsoft during the 3rd quarter worth about $87,000. Cordant Inc. raised its holdings in Microsoft by 647.8% during the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after buying an additional 298 shares during the period. Finally, Family CFO Inc boosted its holdings in shares of Microsoft by 13.6% in the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after buying an additional 43 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a report on Monday, April 1st. Citigroup reduced their target price on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, April 18th. UBS Group reiterated a “buy” rating and set a $480.00 price target on shares of Microsoft in a report on Wednesday, April 10th. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Thursday, February 22nd. Finally, Raymond James lifted their target price on Microsoft from $400.00 to $450.00 and gave the company 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-five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $434.05.

Insider Buying and Selling

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred 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 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 can be accessed through the SEC website. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’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 transaction of $8,868,941.80. Following the completion of the transaction, 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 available through this link. Also, insider Bradford L. Smith sold 45,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the sale, the insider now owns 574,129 shares in the company, valued at $236,414,839.62. 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 quarter. Corporate insiders own 0.03% of the company’s stock.

Microsoft Trading Up 0.5 %

Shares of MSFT opened at $400.96 on Tuesday. Microsoft Co. has a 12-month low of $275.37 and a 12-month high of $430.82. The firm has a market capitalization of $2.98 trillion, a price-to-earnings ratio of 36.25, a P/E/G ratio of 2.16 and a beta of 0.89. The stock’s 50-day moving average price is $414.57 and its 200 day moving average price is $386.37. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFT) 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. The firm had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. Microsoft’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the business earned $2.32 earnings per share. As a group, research analysts predict that Microsoft Co. will post 11.61 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid 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 0.75%. Microsoft’s payout ratio is currently 27.12%.

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.