Microsoft Co. (NASDAQ:MSFT) is Register Financial Advisors LLC’s 4th Largest Position

Register Financial Advisors LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 24.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,258 shares of the software giant’s stock after acquiring an additional 2,388 shares during the quarter. Microsoft makes up 2.7% of Register Financial Advisors LLC’s portfolio, making the stock its 4th biggest position. Register Financial Advisors LLC’s holdings in Microsoft were worth $5,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Financial Security Advisor Inc. boosted its stake in Microsoft by 1.7% during the 4th quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after acquiring an additional 452 shares during the last quarter. Gunderson Capital Management Inc. raised its holdings in shares of Microsoft by 0.7% during the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock worth $9,359,000 after purchasing an additional 185 shares during the period. Rappaport Reiches Capital Management LLC raised its holdings in shares of Microsoft by 14.9% during the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock worth $3,089,000 after purchasing an additional 1,067 shares during the period. Bayesian Capital Management LP raised its holdings in shares of Microsoft by 60.1% during the fourth quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock worth $18,238,000 after purchasing an additional 18,200 shares during the period. Finally, RNC Capital Management LLC raised its holdings in shares of Microsoft by 10.4% during the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock worth $25,967,000 after purchasing an additional 6,484 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

NASDAQ:MSFT opened at $467.56 on Friday. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $468.35. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average of $429.75 and a 200-day moving average of $413.04. The firm has a market cap of $3.48 trillion, a price-to-earnings ratio of 40.48, a price-to-earnings-growth ratio of 2.17 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its earnings results on Thursday, April 25th. The software giant reported $2.94 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 company had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. During the same period last year, the company posted $2.45 earnings per share. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. Analysts forecast that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Thursday, August 15th. Microsoft’s payout ratio is 25.97%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Friday, May 24th. JPMorgan Chase & Co. increased 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. New Street Research assumed coverage on shares of Microsoft in a report on Monday, June 10th. They set a “buy” rating and a $570.00 target price on the stock. Morgan Stanley increased 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. Finally, UBS Group reaffirmed a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. Three research analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $467.12.

Check Out Our Latest Analysis on MSFT

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 244 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares in the company, valued at $19,534,480.83. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Microsoft news, CMO Takeshi Numoto sold 244 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares in the company, valued at $19,534,480.83. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders sold a total of 25,566 shares of company stock worth $10,877,535 over the last ninety days. 0.03% of the stock is currently owned by company insiders.

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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