Koss Olinger Consulting LLC Has $4.74 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Koss Olinger Consulting LLC raised its stake in Microsoft Co. (NASDAQ:MSFT) by 124.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,256 shares of the software giant’s stock after purchasing an additional 6,252 shares during the period. Koss Olinger Consulting LLC’s holdings in Microsoft were worth $4,744,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. WFA Asset Management Corp boosted its position in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its position in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC boosted its position in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after acquiring an additional 2,138 shares in the last quarter. Swedbank AB lifted its holdings in Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock valued at $5,890,530,000 after purchasing an additional 49,288 shares during the last quarter. Finally, United Bank lifted its holdings in Microsoft by 4.1% during the 3rd quarter. United Bank now owns 18,378 shares of the software giant’s stock valued at $7,908,000 after purchasing an additional 730 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Down 1.0%

Microsoft stock opened at $450.18 on Tuesday. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The firm has a market capitalization of $3.35 trillion, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The firm’s fifty day moving average price is $403.62 and its two-hundred day moving average price is $414.03. 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 released its quarterly earnings results 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 company had revenue of $70.07 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the firm earned $2.94 earnings per share. On average, equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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 given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.74%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is 25.66%.

Insiders Place Their Bets

In related news, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 43,100 shares of the company’s stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the transaction, the insider now directly owns 471,036 shares of the company’s stock, valued at approximately $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 have sold 131,743 shares of company stock valued at $58,375,673. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. KeyCorp reaffirmed a “sector weight” rating on shares of Microsoft in a research note on Thursday, April 17th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research note on Thursday, May 1st. Raymond James lifted their price target on shares of Microsoft from $480.00 to $490.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. Finally, Morgan Stanley lifted their price target on shares of Microsoft from $472.00 to $482.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. 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 MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $513.13.

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.