Mirador Capital Partners LP Has $14.44 Million Position in Microsoft Co. (NASDAQ:MSFT)

Mirador Capital Partners LP raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,309 shares of the software giant’s stock after purchasing an additional 556 shares during the period. Microsoft comprises about 2.7% of Mirador Capital Partners LP’s portfolio, making the stock its 8th largest holding. Mirador Capital Partners LP’s holdings in Microsoft were worth $14,441,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bayesian Capital Management LP grew its position 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 acquiring an additional 18,200 shares during the last quarter. Warren Street Wealth Advisors LLC grew its position in shares of Microsoft by 16.5% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 6,767 shares of the software giant’s stock worth $2,545,000 after acquiring an additional 956 shares during the last quarter. Czech National Bank grew its position in shares of Microsoft by 0.4% during the first quarter. Czech National Bank now owns 1,307,487 shares of the software giant’s stock worth $550,086,000 after acquiring an additional 5,253 shares during the last quarter. True Link Financial Advisors LLC grew its position in shares of Microsoft by 296.7% during the first quarter. True Link Financial Advisors LLC now owns 3,027 shares of the software giant’s stock worth $1,274,000 after acquiring an additional 2,264 shares during the last quarter. Finally, United Advisor Group LLC bought a new position in shares of Microsoft during the fourth quarter worth about $9,538,000. Institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MSFT shares. Truist Financial restated a “buy” rating and set a $600.00 price target on shares of Microsoft in a research report on Monday, June 17th. Mizuho upped their price objective on shares of Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a report on Tuesday, July 16th. Wells Fargo & Company upped their price objective on shares of Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. New Street Research started coverage on shares of Microsoft in a report on Monday, June 10th. They issued a “buy” rating and a $570.00 price objective for the company. Finally, UBS Group reduced their price objective on shares of Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. According to data from MarketBeat, Microsoft has an average rating of “Moderate Buy” and a consensus price target of $494.72.

Insider Activity

In other news, CEO Satya Nadella sold 78,353 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total value of $32,017,386.39. Following the transaction, the chief executive officer now owns 864,327 shares in the company, valued at approximately $353,189,942.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by corporate insiders.

Microsoft Price Performance

MSFT stock opened at $408.39 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16. Microsoft Co. has a one year low of $309.45 and a one year high of $468.35. The firm has a market capitalization of $3.04 trillion, a PE ratio of 35.36, a P/E/G ratio of 2.11 and a beta of 0.90. The firm has a 50-day moving average of $428.49 and a two-hundred day moving average of $422.81.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The company had revenue of $64.73 billion during the quarter, compared to analyst estimates of $64.38 billion. During the same period in the prior year, the firm earned $2.69 earnings per share. The business’s quarterly revenue was up 15.2% on a year-over-year basis. On average, analysts forecast that Microsoft Co. will post 13.04 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be issued a $0.75 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s dividend payout ratio is 25.97%.

Microsoft Profile

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.