CV Advisors LLC Has $13.90 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

CV Advisors LLC grew its position in Microsoft Co. (NASDAQ:MSFT) by 39.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,181 shares of the software giant’s stock after acquiring an additional 9,349 shares during the period. Microsoft accounts for 4.7% of CV Advisors LLC’s portfolio, making the stock its 5th largest holding. CV Advisors LLC’s holdings in Microsoft were worth $13,901,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Microsoft by 2.0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Microsoft by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after purchasing an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Microsoft by 3.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant’s stock valued at $20,675,715,000 after purchasing an additional 1,823,579 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter. Finally, Fisher Asset Management LLC increased its holdings in shares of Microsoft by 1.2% in the fourth quarter. Fisher Asset Management LLC now owns 28,228,502 shares of the software giant’s stock valued at $11,898,314,000 after purchasing an additional 324,052 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Microsoft from a “hold” rating to a “buy” rating in a report on Thursday. Barclays raised their price target on shares of Microsoft from $430.00 to $494.00 and gave the company an “overweight” rating in a report on Thursday, May 1st. Citigroup raised their price target on shares of Microsoft from $480.00 to $540.00 and gave the company a “buy” rating in a report on Thursday, May 15th. TD Securities lifted their target price on shares of Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Finally, Stifel Nicolaus lifted their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $513.13.

Insider Activity at Microsoft

In related news, insider Bradford L. Smith sold 75,000 shares of the business’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares of the company’s stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 131,743 shares of company stock valued at $58,375,673. 0.03% of the stock is owned by corporate insiders.

Microsoft Trading Up 0.5%

Shares of NASDAQ MSFT opened at $454.86 on Friday. The company’s fifty day moving average is $401.04 and its 200-day moving average is $413.59. The stock has a market cap of $3.38 trillion, a price-to-earnings ratio of 36.62, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

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

Microsoft Dividend Announcement

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 given a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.73%. Microsoft’s dividend payout ratio is currently 25.66%.

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.