Microsoft Co. (NASDAQ:MSFT) Stock Holdings Increased by Harbour Investments Inc.

Harbour Investments Inc. raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,415 shares of the software giant’s stock after acquiring an additional 1,207 shares during the period. Microsoft makes up 0.8% of Harbour Investments Inc.’s holdings, making the stock its 22nd largest position. Harbour Investments Inc.’s holdings in Microsoft were worth $27,994,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft in the 4th quarter worth $38,000. IFS Advisors LLC grew its holdings in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management grew its holdings in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft in the 3rd quarter worth $62,000. Finally, Fairway Wealth LLC acquired a new position in shares of Microsoft in the 4th quarter worth $62,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $454.86 on Friday. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The business has a 50-day moving average of $401.04 and a two-hundred day moving average of $413.59. The stock has a market capitalization of $3.38 trillion, a P/E ratio of 36.62, a P/E/G ratio of 2.21 and a beta of 0.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

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

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s dividend payout ratio is currently 25.66%.

Analyst Ratings Changes

MSFT has been the topic of a number of recent research reports. Bank of America decreased their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. The Goldman Sachs Group lifted their price target on Microsoft from $480.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday. Westpark Capital reiterated a “hold” rating on shares of Microsoft in a report on Thursday, May 1st. Scotiabank lifted their price target on Microsoft from $470.00 to $500.00 and gave the company a “sector outperform” rating in a report on Thursday, May 1st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Microsoft in a report on Wednesday. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus target price of $513.13.

Insiders Place Their Bets

In other news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction dated 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 disclosure for this sale can be found here. Insiders sold 131,743 shares of company stock valued at $58,375,673 over the last quarter. Insiders own 0.03% of the company’s stock.

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.