Wealth High Governance Capital Ltda Invests $10.52 Million in Microsoft Co. (NASDAQ:MSFT)

Wealth High Governance Capital Ltda purchased a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,962 shares of the software giant’s stock, valued at approximately $10,521,000. Microsoft accounts for approximately 3.8% of Wealth High Governance Capital Ltda’s portfolio, making the stock its 6th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Muirfield Wealth Advisors LLC grew its position in Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after acquiring an additional 24 shares during the last quarter. Retirement Financial Solutions LLC grew its position in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after acquiring an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC grew its position in Microsoft by 1.0% during the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock worth $1,106,000 after acquiring an additional 25 shares during the last quarter. Sterling Group Wealth Management LLC grew its position in Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock worth $2,335,000 after acquiring an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel grew its position in shares of Microsoft by 0.8% in the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock worth $1,385,000 after buying an additional 25 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Bradford L. Smith sold 6,000 shares of the business’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, the insider now owns 471,036 shares of the company’s stock, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 94,243 shares of company stock worth $41,288,738. 0.03% of the stock is owned by insiders.

Microsoft Stock Up 0.3%

Shares of NASDAQ:MSFT opened at $454.27 on Monday. The stock has a fifty day simple moving average of $395.33 and a two-hundred day simple moving average of $412.34. The stock has a market capitalization of $3.38 trillion, a price-to-earnings ratio of 36.58, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.94 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 25.66%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MSFT. Stifel Nicolaus lifted their price objective on Microsoft from $475.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Raymond James lifted their price objective on Microsoft from $480.00 to $490.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. Scotiabank lifted their price objective on Microsoft from $470.00 to $500.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 1st. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, Morgan Stanley lifted their price objective on Microsoft from $472.00 to $482.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $510.30.

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.