Capital Wealth Alliance LLC Purchases 121 Shares of Microsoft Co. (NASDAQ:MSFT)

Capital Wealth Alliance LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,135 shares of the software giant’s stock after purchasing an additional 121 shares during the period. Capital Wealth Alliance LLC’s holdings in Microsoft were worth $1,179,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Iron Horse Wealth Management LLC boosted its position in Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after buying an additional 105 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of Microsoft in the 3rd quarter valued at $87,000. Family CFO Inc boosted its holdings in shares of Microsoft by 13.6% during the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after acquiring an additional 43 shares in the last quarter. Cordant Inc. grew its position 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 acquiring an additional 298 shares during the last quarter. Finally, Life Planning Partners Inc acquired a new position in Microsoft in the 4th quarter worth about $146,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of Microsoft stock opened at $406.32 on Friday. The business has a 50-day simple moving average of $414.48 and a 200 day simple moving average of $387.70. The firm has a market capitalization of $3.02 trillion, a price-to-earnings ratio of 36.74, a PEG ratio of 2.22 and a beta of 0.89. 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 Co. has a one year low of $295.25 and a one year high of $430.82.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The firm had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. During the same quarter in the previous year, the company posted $2.45 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. On average, research analysts anticipate that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is presently 27.12%.

Insider Buying and Selling

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the business’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 sale, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’s 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 completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders have sold 1,070,258 shares of company stock worth $30,690,456 in the last quarter. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MSFT shares. BMO Capital Markets boosted their price target on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. Royal Bank of Canada boosted their target price on shares of Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Piper Sandler reaffirmed an “overweight” rating and set a $465.00 price target (up previously from $455.00) on shares of Microsoft in a research note on Friday. Truist Financial reissued a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a research note on Monday, March 25th. Finally, Barclays raised their target price on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $452.61.

About Microsoft

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.