Graham Capital Wealth Management LLC Has $966,000 Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Graham Capital Wealth Management LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,570 shares of the software giant’s stock after acquiring an additional 32 shares during the period. Microsoft comprises approximately 2.5% of Graham Capital Wealth Management LLC’s holdings, making the stock its 11th largest position. Graham Capital Wealth Management LLC’s holdings in Microsoft were worth $966,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities analysts recently weighed in on MSFT shares. Morgan Stanley increased their price target on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. KeyCorp started coverage on shares of Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price target for the company. Wells Fargo & Company increased their price target on shares of Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. UBS Group restated a “buy” rating and set a $480.00 price target on shares of Microsoft in a research report on Wednesday, April 10th. Finally, Sanford C. Bernstein increased their target price on shares of Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $452.61.

Insider Transactions at Microsoft

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now 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 can be accessed through the SEC website. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares in the company, valued at $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft 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 completion of the sale, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.3 %

Shares of NASDAQ MSFT opened at $410.54 on Thursday. Microsoft Co. has a one year low of $306.26 and a one 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. The firm’s 50 day simple moving average is $413.84 and its two-hundred day simple moving average is $392.05. The stock has a market capitalization of $3.05 trillion, a P/E ratio of 35.54, a PEG ratio of 2.15 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating 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 business had revenue of $61.86 billion for the quarter, compared to analysts’ expectations of $60.86 billion. During the same period last year, the business earned $2.45 earnings per share. The business’s quarterly revenue was up 17.0% on a year-over-year basis. As a group, analysts expect that Microsoft Co. will post 11.76 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is currently 25.97%.

Microsoft 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.