Grey Fox Wealth Advisors LLC Buys 101 Shares of Microsoft Co. (NASDAQ:MSFT)

Grey Fox Wealth Advisors LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,809 shares of the software giant’s stock after acquiring an additional 101 shares during the quarter. Grey Fox Wealth Advisors LLC’s holdings in Microsoft were worth $763,000 at the end of the most recent reporting period.

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

Microsoft Trading Down 1.0%

NASDAQ:MSFT opened at $450.18 on Tuesday. The company has a 50 day simple moving average of $403.62 and a two-hundred day simple moving average of $414.03. The company has a market cap of $3.35 trillion, a PE ratio of 36.25, a price-to-earnings-growth 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 posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion for 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%. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.94 earnings per share. Research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.66%.

Insider Activity

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the company’s stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Amy Coleman sold 13,243 shares of the stock in a transaction that occurred 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 sale, the executive vice president now owns 43,100 shares in the company, valued at approximately $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 a total of 131,743 shares of company stock worth $58,375,673 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Citigroup boosted their price target on shares of Microsoft from $480.00 to $540.00 and gave the stock a “buy” rating in a report on Thursday, May 15th. Wall Street Zen upgraded Microsoft from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd. DA Davidson raised their price target on Microsoft from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, May 1st. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Thursday, May 1st. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $525.00 price objective on shares of Microsoft in a report on Friday. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $513.13.

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.