Islay Capital Management LLC Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)

Islay Capital Management LLC boosted its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,624 shares of the software giant’s stock after purchasing an additional 62 shares during the period. Microsoft comprises 2.5% of Islay Capital Management LLC’s holdings, making the stock its 8th biggest holding. Islay Capital Management LLC’s holdings in Microsoft were worth $3,243,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Morris Financial Concepts Inc. increased its stake in Microsoft by 0.9% during the 4th quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock valued at $1,001,000 after purchasing an additional 25 shares in the last quarter. Sicart Associates LLC increased its stake in Microsoft by 2.9% during the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after purchasing an additional 26 shares in the last quarter. Capital Wealth Management LLC increased its stake in Microsoft by 1.7% during the 4th quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after purchasing an additional 26 shares in the last quarter. Mayfair Advisory Group LLC increased its stake in Microsoft by 0.7% during the 4th quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock valued at $1,434,000 after purchasing an additional 27 shares in the last quarter. Finally, Marmo Financial Group LLC increased its stake in shares of Microsoft by 2.8% in the fourth quarter. Marmo Financial Group LLC now owns 987 shares of the software giant’s stock worth $371,000 after acquiring an additional 27 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on MSFT shares. Wedbush reissued an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Wednesday, May 22nd. Evercore ISI raised their target price on shares of Microsoft from $475.00 to $485.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Morgan Stanley raised 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. JPMorgan Chase & Co. raised their target price on shares of Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $455.00 target price on shares of Microsoft in a report on Monday, April 22nd. Three analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. According to data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $457.91.

Check Out Our Latest Report on Microsoft

Insider Buying and Selling

In related news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares in the company, valued at $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 159,764 shares in the company, valued at $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Performance

MSFT opened at $415.13 on Friday. The firm has a market capitalization of $3.09 trillion, a PE ratio of 35.94, a PEG ratio of 2.19 and a beta of 0.89. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $433.60. The firm’s 50-day moving average price is $416.30 and its 200 day moving average price is $400.95. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly 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. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. Microsoft’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.45 earnings per share. As a group, sell-side analysts expect that Microsoft Co. will post 11.77 EPS for the current fiscal 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 given a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.72%. Microsoft’s payout ratio is presently 25.97%.

Microsoft Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.