Microsoft Co. (NASDAQ:MSFT) Shares Bought by Once Capital Management LLC

Once Capital Management LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,800 shares of the software giant’s stock after buying an additional 2,400 shares during the quarter. Microsoft makes up 2.7% of Once Capital Management LLC’s holdings, making the stock its 7th biggest position. Once Capital Management LLC’s holdings in Microsoft were worth $12,561,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. LFA Lugano Financial Advisors SA raised its stake in Microsoft by 3.8% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 5,975 shares of the software giant’s stock valued at $2,518,000 after buying an additional 218 shares during the period. Erste Asset Management GmbH raised its stake in Microsoft by 9.2% in the fourth quarter. Erste Asset Management GmbH now owns 894,858 shares of the software giant’s stock valued at $370,980,000 after buying an additional 75,262 shares during the period. Telemark Asset Management LLC grew its stake in Microsoft by 50.0% in the 4th quarter. Telemark Asset Management LLC now owns 30,000 shares of the software giant’s stock valued at $12,645,000 after buying an additional 10,000 shares during the last quarter. Tredje AP fonden grew its stake in Microsoft by 3.5% in the 4th quarter. Tredje AP fonden now owns 1,894,400 shares of the software giant’s stock valued at $798,490,000 after buying an additional 63,615 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd grew its stake in Microsoft by 81.3% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 440,815 shares of the software giant’s stock valued at $185,819,000 after buying an additional 197,740 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $458.87 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.41 trillion, a PE ratio of 36.95, a P/E/G 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 stock has a 50-day moving average price of $396.84 and a two-hundred day moving average price of $412.71.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share 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 the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.94 earnings per share. Analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. Microsoft’s payout ratio is 25.66%.

Insider Activity at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of the company’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the sale, the executive vice president now directly owns 43,100 shares of the company’s stock, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the company’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the sale, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 94,243 shares of company stock worth $41,288,738 over the last three months. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on MSFT. Barclays upped their price target on shares of Microsoft from $430.00 to $494.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. DA Davidson upped their price target on shares of Microsoft from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, May 1st. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Wells Fargo & Company boosted their target price on shares of Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Finally, Citigroup boosted their target price on shares of Microsoft from $480.00 to $540.00 and gave the company a “buy” rating in a research report on Thursday, May 15th. Five investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $510.30.

Microsoft Company 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.