Toth Financial Advisory Corp Has $26.05 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Toth Financial Advisory Corp increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 69,270 shares of the software giant’s stock after acquiring an additional 1,747 shares during the period. Microsoft accounts for about 3.5% of Toth Financial Advisory Corp’s holdings, making the stock its biggest holding. Toth Financial Advisory Corp’s holdings in Microsoft were worth $26,048,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Financial Security Advisor Inc. increased its position in Microsoft by 1.7% during the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock worth $10,255,000 after buying an additional 452 shares during the last quarter. Gunderson Capital Management Inc. raised its stake in Microsoft by 0.7% in the 4th quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after acquiring an additional 185 shares during the period. Rappaport Reiches Capital Management LLC lifted its holdings in Microsoft by 14.9% during the 4th quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after purchasing an additional 1,067 shares during the last quarter. Bailard Inc. boosted its position in Microsoft by 1.2% during the third quarter. Bailard Inc. now owns 470,301 shares of the software giant’s stock worth $148,497,000 after purchasing an additional 5,366 shares during the period. Finally, RNC Capital Management LLC raised its position in shares of Microsoft by 10.4% in the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after purchasing an additional 6,484 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction dated 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 completion of 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction 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 directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the 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 owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,025,258 shares of company stock valued at $12,160,356. 0.03% of the stock is currently owned by company insiders.

Microsoft Price Performance

Microsoft stock opened at $406.66 on Friday. The company has a market capitalization of $3.02 trillion, a PE ratio of 35.21, a P/E/G ratio of 2.10 and a beta of 0.89. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average price of $413.68 and a two-hundred day moving average price of $390.05. Microsoft Co. has a 12 month low of $303.40 and a 12 month high of $430.82.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period in the previous year, the firm posted $2.45 EPS. The company’s revenue for the quarter was up 17.0% compared to the same quarter last year. Analysts expect that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors 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 yield of 0.74%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is currently 25.97%.

Analysts Set New Price Targets

Several analysts recently commented on MSFT shares. Morgan Stanley lifted their target price on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Sanford C. Bernstein upped their target price on Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Stifel Nicolaus reissued a “buy” rating and set a $455.00 price target on shares of Microsoft in a report on Monday, April 22nd. Barclays upped their price objective on Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. Finally, BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price for the company in a report on Thursday, January 18th. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $452.61.

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.