Aletheian Wealth Advisors LLC Grows Holdings in Microsoft Corporation (NASDAQ:MSFT)

Aletheian Wealth Advisors LLC increased its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 13.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 9,379 shares of the software giant’s stock after purchasing an additional 1,115 shares during the quarter. Microsoft accounts for 2.0% of Aletheian Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding. Aletheian Wealth Advisors LLC’s holdings in Microsoft were worth $3,521,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of MSFT. Ball & Co Wealth Management Inc. bought a new position in Microsoft in the 4th quarter valued at $31,000. Fiduciary Advisors Inc. bought a new position in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC grew its position in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after acquiring an additional 35 shares during the last quarter. LSV Asset Management bought a new position in Microsoft in the 4th quarter valued at $44,000. Finally, Fairway Wealth LLC bought a new position in Microsoft in the 4th quarter valued at $62,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 1.1%

Shares of NASDAQ MSFT opened at $497.45 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The stock has a market capitalization of $3.70 trillion, a P/E ratio of 38.44, a price-to-earnings-growth ratio of 2.50 and a beta of 1.03. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $498.04. The business has a fifty day moving average price of $446.90 and a 200 day moving average price of $421.75.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS 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 during the quarter, compared to analysts’ expectations of $68.54 billion. During the same period last year, the business posted $2.94 earnings per share. The firm’s revenue was up 13.3% compared to the same quarter last year. Equities research analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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 0.67%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft’s dividend payout ratio (DPR) is presently 25.66%.

Analyst Upgrades and Downgrades

Several brokerages have commented on MSFT. Scotiabank upped their price objective on Microsoft from $470.00 to $500.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 1st. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Thursday, May 1st. Jefferies Financial Group upped their price objective on Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, May 1st. Piper Sandler reaffirmed an “overweight” rating on shares of Microsoft in a research report on Wednesday, May 21st. Finally, Westpark Capital reissued a “hold” rating on shares of Microsoft in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $521.14.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 1,000 shares of the 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 completion of the sale, the executive vice president now directly owns 47,058 shares in the company, valued at approximately $21,647,150.58. This trade represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the transaction, the executive vice president now directly owns 98,010 shares in the company, valued at $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by insiders.

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.