Catalyst Private Wealth LLC Has $1.65 Million Stock Holdings in Microsoft Corporation (NASDAQ:MSFT)

Catalyst Private Wealth LLC boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,403 shares of the software giant’s stock after buying an additional 137 shares during the period. Microsoft makes up about 0.8% of Catalyst Private Wealth LLC’s portfolio, making the stock its 23rd largest position. Catalyst Private Wealth LLC’s holdings in Microsoft were worth $1,653,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of MSFT. Norges Bank acquired a new position in Microsoft during the fourth quarter worth $44,343,058,000. GAMMA Investing LLC raised its holdings in Microsoft by 40,290.4% during the first quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant’s stock worth $17,528,950,000 after buying an additional 46,579,693 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in shares of Microsoft by 34,643.3% in the fourth quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant’s stock valued at $7,096,913,000 after purchasing an additional 16,788,816 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Microsoft by 16.1% in the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant’s stock valued at $35,316,535,000 after purchasing an additional 11,600,470 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Microsoft by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant’s stock valued at $288,336,224,000 after purchasing an additional 10,431,988 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MSFT. Wedbush increased their target price on shares of Microsoft from $515.00 to $600.00 and gave the company an “outperform” rating in a report on Wednesday. Westpark Capital reiterated a “hold” rating on shares of Microsoft in a report on Thursday, May 1st. Jefferies Financial Group increased their target price on shares of Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, May 1st. UBS Group lowered their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, DA Davidson increased their price target on shares of Microsoft from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $521.14.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $497.45 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $3.70 trillion, a PE ratio of 38.44, a P/E/G ratio of 2.50 and a beta of 1.03. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $498.04. The company has a 50-day moving average price of $446.90 and a two-hundred day moving average price of $421.75.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data 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 net margin of 35.79% and a return on equity of 32.74%. The company had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. During the same period last year, the business earned $2.94 earnings per share. Microsoft’s revenue was up 13.3% compared to the same quarter last year. Equities analysts forecast that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.67%. Microsoft’s dividend payout ratio (DPR) is currently 25.66%.

Insider Activity

In other news, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the completion of the transaction, the executive vice president now owns 43,930 shares of the company’s stock, valued at $20,339,590. This trade represents a 6.39% 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 company 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.