Quattro Financial Advisors LLC Has $181,000 Stake in Microsoft Co. (NASDAQ:MSFT)

Quattro Financial Advisors LLC decreased its position in Microsoft Co. (NASDAQ:MSFT) by 99.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 421 shares of the software giant’s stock after selling 166,203 shares during the period. Microsoft makes up 0.0% of Quattro Financial Advisors LLC’s portfolio, making the stock its 8th largest position. Quattro Financial Advisors LLC’s holdings in Microsoft were worth $181,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Swedbank AB acquired a new position in shares of Microsoft in the first quarter valued at approximately $5,587,119,000. Wulff Hansen & CO. lifted its position in Microsoft by 47,196.6% in the 2nd quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant’s stock valued at $2,160,850,000 after acquiring an additional 4,824,436 shares in the last quarter. Vanguard Group Inc. boosted its stake in Microsoft by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock worth $281,035,506,000 after purchasing an additional 3,078,099 shares during the period. Canada Pension Plan Investment Board increased its holdings in Microsoft by 77.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,281,925 shares of the software giant’s stock worth $2,642,931,000 after purchasing an additional 2,744,900 shares in the last quarter. Finally, M&G Plc acquired a new stake in shares of Microsoft in the 1st quarter valued at about $846,072,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $443.57 on Monday. Microsoft Co. has a 1 year low of $364.13 and a 1 year high of $468.35. The firm has a market capitalization of $3.30 trillion, a price-to-earnings ratio of 36.60, a P/E/G ratio of 2.32 and a beta of 0.90. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The firm’s 50 day simple moving average is $421.47 and its 200 day simple moving average is $427.00.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.20. The company had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.99 EPS. As a group, research analysts expect that Microsoft Co. will post 12.93 earnings per share for the current fiscal year.

Microsoft announced that its board has approved a share buyback plan on Monday, September 16th that permits the company to repurchase $60.00 billion in outstanding shares. This repurchase authorization permits the software giant to repurchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.75%. Microsoft’s dividend payout ratio is currently 27.39%.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares in the company, valued at $23,850,961.92. This trade represents a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares in the company, valued at $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 58,578 shares of company stock valued at $24,450,096 in the last 90 days. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Tuesday, November 5th. Morgan Stanley lifted their price target on shares of Microsoft from $506.00 to $548.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Citigroup reduced their price objective on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Piper Sandler reaffirmed an “overweight” rating and issued a $470.00 target price on shares of Microsoft in a research report on Thursday, October 31st. Finally, Truist Financial reissued a “buy” rating and set a $600.00 price target on shares of Microsoft in a research report on Monday, October 28th. Two analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $504.36.

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.