AMS Capital Ltda Has $25.97 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

AMS Capital Ltda grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 8.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,357 shares of the software giant’s stock after buying an additional 4,784 shares during the period. Microsoft accounts for approximately 4.5% of AMS Capital Ltda’s portfolio, making the stock its 5th largest holding. AMS Capital Ltda’s holdings in Microsoft were worth $25,972,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in shares of Microsoft by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant’s stock worth $15,426,767,000 after purchasing an additional 97,075 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Microsoft by 6.9% during the second quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant’s stock valued at $10,768,771,000 after purchasing an additional 1,563,533 shares during the last quarter. Rhumbline Advisers lifted its position in Microsoft by 0.3% during the second quarter. Rhumbline Advisers now owns 14,738,956 shares of the software giant’s stock valued at $6,587,576,000 after purchasing an additional 45,220 shares during the last quarter. Swedbank AB grew its stake in Microsoft by 0.4% in the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after buying an additional 49,288 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Microsoft by 0.4% in the 1st quarter. California State Teachers Retirement System now owns 11,462,919 shares of the software giant’s stock worth $4,822,679,000 after buying an additional 46,410 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, EVP Christopher David Young sold 7,200 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the sale, the executive vice president now owns 103,366 shares in the company, valued at approximately $43,792,039.56. The trade was a 6.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CMO Takeshi Numoto sold 1,000 shares of the 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 owns 57,511 shares of the company’s stock, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,200 shares of company stock valued at $17,383,892. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Sanford C. Bernstein cut their target price on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. TD Cowen cut their price objective on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, October 31st. JPMorgan Chase & Co. decreased their price objective on Microsoft from $470.00 to $465.00 and set an “overweight” rating on the stock in a report on Thursday, October 31st. Wedbush reaffirmed an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Finally, UBS Group increased their price target on shares of Microsoft from $500.00 to $525.00 and gave the company a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus target price of $508.46.

Microsoft Price Performance

Shares of Microsoft stock opened at $437.39 on Thursday. The company has a market cap of $3.25 trillion, a PE ratio of 36.09, a P/E/G ratio of 2.38 and a beta of 0.90. The business has a 50 day moving average of $426.19 and a 200 day moving average of $428.20. Microsoft Co. has a 52 week low of $366.50 and a 52 week high of $468.35. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15.

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

Microsoft declared that its Board of Directors has authorized a share buyback plan on Monday, September 16th that allows the company to buyback $60.00 billion in shares. This buyback authorization allows the software giant to buy up to 1.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. Microsoft’s dividend payout ratio (DPR) is 27.39%.

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.