Act Two Investors LLC Buys 9,455 Shares of Microsoft Co. (NASDAQ:MSFT)

Act Two Investors LLC grew its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 150,937 shares of the software giant’s stock after acquiring an additional 9,455 shares during the quarter. Microsoft comprises approximately 12.3% of Act Two Investors LLC’s investment portfolio, making the stock its biggest position. Act Two Investors LLC’s holdings in Microsoft were worth $56,758,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Morris Financial Concepts Inc. increased its holdings in Microsoft by 0.9% in the fourth quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock valued at $1,001,000 after buying an additional 25 shares during the last quarter. Innova Wealth Partners increased its holdings in shares of Microsoft by 0.6% in the 4th quarter. Innova Wealth Partners now owns 4,239 shares of the software giant’s stock valued at $1,594,000 after acquiring an additional 25 shares during the last quarter. Sicart Associates LLC raised its position in shares of Microsoft by 2.9% during the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock worth $348,000 after acquiring an additional 26 shares in the last quarter. Capital Wealth Management LLC lifted its stake in Microsoft by 1.7% during the fourth quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock worth $599,000 after purchasing an additional 26 shares during the last quarter. Finally, Mayfair Advisory Group LLC boosted its holdings in Microsoft by 0.7% in the fourth 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. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 0.2 %

Microsoft stock opened at $423.85 on Friday. The firm has a market capitalization of $3.15 trillion, a price-to-earnings ratio of 36.70, a price-to-earnings-growth ratio of 2.24 and a beta of 0.89. 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 fifty-two week low of $309.45 and a fifty-two week high of $433.60. The stock’s fifty day moving average is $416.20 and its two-hundred day moving average is $402.39.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. The business 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%. The company’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.45 earnings per share. Analysts predict that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders 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 0.71%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Analyst Ratings Changes

MSFT has been the topic of a number of research analyst reports. Morgan Stanley raised their price objective on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Raymond James reissued an “outperform” rating and issued a $480.00 price target (up from $450.00) on shares of Microsoft in a research report on Friday, April 26th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Oppenheimer boosted their target price on Microsoft from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday. Finally, Citigroup dropped their price target on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Three analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $460.56.

Read Our Latest Analysis on Microsoft

Insider Activity

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 104,949 shares in the company, valued at approximately $44,674,690.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated 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 completion of the sale, the executive vice president now 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 can be accessed through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the 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 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. Insiders sold a total of 47,521 shares of company stock valued at $19,746,476 over the last 90 days. Insiders own 0.03% of the company’s stock.

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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