Flagstone Financial Management Buys 33 Shares of Microsoft Co. (NASDAQ:MSFT)

Flagstone Financial Management lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,788 shares of the software giant’s stock after buying an additional 33 shares during the period. Microsoft comprises approximately 0.7% of Flagstone Financial Management’s investment portfolio, making the stock its 16th biggest position. Flagstone Financial Management’s holdings in Microsoft were worth $1,800,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of MSFT. Iron Horse Wealth Management LLC raised its holdings in Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after purchasing an additional 105 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of Microsoft in the 3rd quarter worth about $87,000. Cordant Inc. lifted its stake in shares of Microsoft by 647.8% in the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after purchasing an additional 298 shares during the period. Family CFO Inc boosted its position 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 purchasing an additional 43 shares in the last quarter. Finally, Life Planning Partners Inc acquired a new stake in Microsoft during the fourth quarter worth approximately $146,000. 71.13% of the stock is currently owned by institutional investors.

Microsoft Trading Up 2.2 %

Shares of MSFT stock opened at $406.66 on Monday. The stock has a market capitalization of $3.02 trillion, a price-to-earnings ratio of 35.21, a PEG ratio of 2.15 and a beta of 0.89. The company’s fifty day simple moving average is $413.68 and its two-hundred day simple moving average is $390.88. Microsoft Co. has a 1 year low of $303.40 and a 1 year high of $430.82. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company 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 company posted $2.45 EPS. The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. As a group, analysts anticipate that Microsoft Co. will post 11.76 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is 25.97%.

Insider Buying and Selling

In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated 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 in the company, valued at approximately $64,538,265.44. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction on 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 sale, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 transaction, 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. 0.03% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Evercore ISI raised their price target on shares of Microsoft from $475.00 to $485.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Royal Bank of Canada upped their price objective on shares of Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Raymond James reiterated an “outperform” rating and set a $480.00 price objective (up from $450.00) on shares of Microsoft in a report on Friday, April 26th. BMO Capital Markets upped their target price on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. Finally, BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target for the company in a research note on Thursday, January 18th. Three analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently 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.