Microsoft Co. (NASDAQ:MSFT) Stock Holdings Boosted by Boit C F David

Boit C F David raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,704 shares of the software giant’s stock after purchasing an additional 1,500 shares during the period. Microsoft comprises 6.9% of Boit C F David’s holdings, making the stock its 2nd largest position. Boit C F David’s holdings in Microsoft were worth $12,120,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sicart Associates LLC boosted its position 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 purchasing an additional 26 shares during the period. Mayfair Advisory Group LLC boosted its position in shares of Microsoft by 0.7% during the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after buying an additional 27 shares during the period. O Connor Financial Group LLC grew its stake in shares of Microsoft by 1.4% in the third quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after buying an additional 31 shares in the last quarter. Navis Wealth Advisors LLC raised its holdings in shares of Microsoft by 2.1% in the 3rd quarter. Navis Wealth Advisors LLC now owns 1,507 shares of the software giant’s stock valued at $476,000 after buying an additional 31 shares during the period. Finally, Kaizen Financial Strategies lifted its stake in Microsoft by 0.4% during the 4th quarter. Kaizen Financial Strategies now owns 7,807 shares of the software giant’s stock worth $2,936,000 after acquiring an additional 31 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction on 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 sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were 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 $22,770,926.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred on Monday, March 11th. The shares were 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 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 have sold 1,070,258 shares of company stock valued at $30,690,456 over the last quarter. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Wedbush reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Friday. The Goldman Sachs Group lifted their price objective on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a report on Friday. Piper Sandler reiterated an “overweight” rating and set a $465.00 target price (up from $455.00) on shares of Microsoft in a report on Friday. UBS Group restated a “buy” rating and issued a $480.00 price target on shares of Microsoft in a research note on Wednesday, April 10th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $455.00 price objective on shares of Microsoft in a research note on Monday, April 22nd. Three equities research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

Microsoft Stock Up 1.8 %

Shares of NASDAQ:MSFT opened at $406.32 on Monday. Microsoft Co. has a 1-year low of $295.25 and a 1-year high of $430.82. The stock has a market cap of $3.02 trillion, a P/E ratio of 35.18, a P/E/G ratio of 2.20 and a beta of 0.89. The firm has a fifty day moving average price of $414.48 and a 200 day moving average price of $388.51. 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 (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.13. The firm had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a return on equity of 38.87% and a net margin of 36.43%. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same period last year, the company earned $2.45 earnings per share. Sell-side analysts predict that Microsoft Co. will post 11.71 EPS for the current year.

Microsoft Dividend Announcement

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 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 dividend yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

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.