Catalyst Financial Partners LLC Grows Stock Position in Microsoft Co. (NASDAQ:MSFT)

Catalyst Financial Partners LLC raised its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,099 shares of the software giant’s stock after acquiring an additional 999 shares during the period. Microsoft comprises 3.2% of Catalyst Financial Partners LLC’s holdings, making the stock its 8th biggest holding. Catalyst Financial Partners LLC’s holdings in Microsoft were worth $11,318,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Friedenthal Financial acquired a new stake in shares of Microsoft during the fourth quarter valued at about $45,000. PayPay Securities Corp boosted its stake in shares of Microsoft by 23.7% during the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in shares of Microsoft during the third quarter valued at about $87,000. Kathleen S. Wright Associates Inc. boosted its stake in shares of Microsoft by 160.7% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after purchasing an additional 143 shares in the last quarter. Finally, Family CFO Inc lifted its stake in shares of Microsoft by 13.6% in the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after acquiring an additional 43 shares during the period. Institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Citigroup cut their price objective on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Wedbush reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Wednesday, May 22nd. Truist Financial reaffirmed a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a research note on Monday, March 25th. JPMorgan Chase & Co. lifted their price objective on Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Finally, Morgan Stanley boosted their price target on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $457.91.

Get Our Latest Report on MSFT

Insider Buying and Selling

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $44,674,690.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Microsoft news, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $416.60, for a total transaction of $134,145.20. Following the sale, the chief marketing officer now directly owns 47,255 shares of the company’s stock, valued at approximately $19,686,433. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was 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 owns 104,949 shares in the company, valued at approximately $44,674,690.32. The disclosure for this sale can be found here. Insiders sold 47,521 shares of company stock valued at $19,746,476 over the last quarter. 0.03% of the stock is owned by company insiders.

Microsoft Stock Up 0.6 %

Shares of Microsoft stock opened at $416.07 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $433.60. The stock has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 36.02, a P/E/G ratio of 2.19 and a beta of 0.89. The company’s 50 day moving average price is $416.01 and its 200-day moving average price is $401.76.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $60.86 billion. During the same quarter last year, the business earned $2.45 earnings per share. The business’s revenue was up 17.0% on a year-over-year basis. Equities research analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a dividend of $0.75 per share. 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 0.72%. Microsoft’s dividend payout ratio is presently 25.97%.

About Microsoft

(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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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