CAP Partners LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

CAP Partners LLC bought a new stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,428 shares of the software giant’s stock, valued at approximately $1,665,000. Microsoft comprises about 1.6% of CAP Partners LLC’s investment portfolio, making the stock its 14th biggest holding.

Other large investors have also recently made changes to their positions in the company. FMR LLC grew its stake in shares of Microsoft by 2.7% during the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock worth $68,162,263,000 after acquiring an additional 5,762,902 shares during the period. Norges Bank bought a new position in shares of Microsoft during the 4th quarter worth $35,920,047,000. Barclays PLC grew its stake in shares of Microsoft by 9.3% during the 3rd quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock worth $9,152,647,000 after acquiring an additional 2,456,190 shares during the period. International Assets Investment Management LLC bought a new position in shares of Microsoft during the 4th quarter worth $9,625,201,000. Finally, Jennison Associates LLC grew its stake in shares of Microsoft by 1.1% during the 4th quarter. Jennison Associates LLC now owns 25,505,600 shares of the software giant’s stock worth $9,591,126,000 after acquiring an additional 277,881 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of Microsoft stock opened at $423.85 on Monday. 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 business’s 50 day simple moving average is $416.20 and its two-hundred day simple moving average is $402.77. The stock has a market capitalization of $3.15 trillion, a P/E ratio of 36.70, a price-to-earnings-growth ratio of 2.24 and a beta of 0.89. Microsoft Co. has a one year low of $309.45 and a one year high of $433.60.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings data 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 return on equity of 37.54% and a net margin of 36.43%. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company earned $2.45 EPS. Analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a $0.75 dividend. The ex-dividend date 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 is currently 25.97%.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the sale, the chief marketing officer now directly owns 47,011 shares in the company, valued at approximately $19,534,480.83. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the sale, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares in the company, valued at $19,534,480.83. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,566 shares of company stock worth $10,877,535. 0.03% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on MSFT shares. KeyCorp started coverage on Microsoft in a research note on Thursday, March 21st. They set an “overweight” rating and a $490.00 price target for the company. Macquarie increased their price target on Microsoft from $460.00 to $475.00 and gave the stock an “outperform” rating in a research note on Friday, May 17th. Piper Sandler restated an “overweight” rating and issued a $465.00 target price (up previously from $455.00) on shares of Microsoft in a research note on Friday, April 26th. Truist Financial restated a “buy” rating and issued a $600.00 target price on shares of Microsoft in a research note on Monday, March 25th. Finally, BMO Capital Markets raised their target price on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. Three analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $460.56.

Check Out Our Latest Analysis on Microsoft

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.

Further Reading

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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