Disciplined Investments LLC Purchases 27 Shares of Microsoft Co. (NASDAQ:MSFT)

Disciplined Investments LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 2.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,362 shares of the software giant’s stock after acquiring an additional 27 shares during the period. Disciplined Investments LLC’s holdings in Microsoft were worth $609,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSFT. Christopher J. Hasenberg Inc increased its position in Microsoft by 169.2% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter. Richardson Capital Management LLC increased its position in Microsoft by 1,290.0% during the 1st quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after purchasing an additional 129 shares in the last quarter. Innealta Capital LLC acquired a new position in Microsoft during the 2nd quarter worth approximately $75,000. Bellevue Group AG increased its position in Microsoft by 47.5% during the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after purchasing an additional 58 shares in the last quarter. Finally, Iron Horse Wealth Management LLC increased its position in Microsoft by 36.8% during the 1st quarter. Iron Horse Wealth Management LLC now owns 305 shares of the software giant’s stock worth $128,000 after purchasing an additional 82 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $410.37 on Monday. The firm has a 50-day moving average of $420.69 and a 200-day moving average of $424.71. The company has a market cap of $3.05 trillion, a P/E ratio of 33.86, a P/E/G ratio of 2.14 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.27. Microsoft Co. has a one year low of $344.77 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating the consensus estimate of $3.10 by $0.20. The company had revenue of $65.59 billion during the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The firm’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.99 earnings per share. Equities research analysts forecast that Microsoft Co. will post 12.98 EPS for the current fiscal year.

Microsoft declared that its board has approved a share repurchase plan on Monday, September 16th that permits the company to repurchase $60.00 billion in shares. This repurchase authorization permits the software giant to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Microsoft Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a $0.83 dividend. This is an increase from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, November 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. Microsoft’s dividend payout ratio (DPR) is presently 27.39%.

Insider Transactions at Microsoft

In other news, CEO Satya Nadella sold 14,398 shares of Microsoft stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $417.41, for a total value of $6,009,869.18. Following the completion of the transaction, the chief executive officer now owns 786,933 shares in the company, valued at $328,473,703.53. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Satya Nadella sold 14,398 shares of Microsoft stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $417.41, for a total value of $6,009,869.18. Following the completion of the transaction, the chief executive officer now owns 786,933 shares in the company, valued at $328,473,703.53. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $411.04, for a total transaction of $1,027,600.00. Following the completion of the transaction, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at $20,552,000. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 190,629 shares of company stock worth $77,916,485 over the last quarter. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of research analyst reports. Wells Fargo & Company reiterated a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. KeyCorp upped their price target on shares of Microsoft from $490.00 to $505.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. DA Davidson cut shares of Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price target for the company. in a research report on Monday, September 23rd. UBS Group decreased their price target on shares of Microsoft from $510.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Citigroup decreased their price target on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $503.03.

About Microsoft

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.