Microsoft Corporation (NASDAQ:MSFT) Shares Acquired by Discipline Wealth Solutions LLC

Discipline Wealth Solutions LLC raised its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,701 shares of the software giant’s stock after acquiring an additional 42 shares during the quarter. Microsoft makes up about 0.5% of Discipline Wealth Solutions LLC’s holdings, making the stock its 29th largest holding. Discipline Wealth Solutions LLC’s holdings in Microsoft were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Ball & Co Wealth Management Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at approximately $31,000. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC grew its position in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. LSV Asset Management purchased a new position in Microsoft in the fourth quarter worth approximately $44,000. Finally, Fairway Wealth LLC purchased a new position in Microsoft in the fourth quarter worth approximately $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Down 0.6%

Shares of NASDAQ MSFT opened at $477.40 on Friday. The stock has a market cap of $3.55 trillion, a P/E ratio of 36.89, a PEG ratio of 2.44 and a beta of 1.03. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $483.46. The business’s fifty day simple moving average is $437.84 and its 200-day simple moving average is $420.47.

Microsoft (NASDAQ:MSFT) last posted 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. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. During the same period last year, the firm earned $2.94 earnings per share. Microsoft’s quarterly revenue was up 13.3% on a year-over-year basis. As a group, equities analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Thursday, August 21st. Microsoft’s dividend payout ratio is presently 25.66%.

Insider Buying and Selling at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now directly owns 471,036 shares in the company, valued at $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total value of $460,010.00. Following the sale, the executive vice president now owns 47,058 shares in the company, valued at $21,647,150.58. This trade represents a 2.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on MSFT shares. Cantor Fitzgerald increased their price objective on Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. KeyCorp reiterated a “sector weight” rating on shares of Microsoft in a research report on Thursday, April 17th. Mizuho increased their price objective on Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. Bank of America lowered their price objective on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Microsoft in a research report on Wednesday, May 21st. Five investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average price target of $515.68.

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.