Integral Investment Advisors Inc. Purchases 204 Shares of Microsoft Corporation (NASDAQ:MSFT)

Integral Investment Advisors Inc. grew its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 9,863 shares of the software giant’s stock after acquiring an additional 204 shares during the quarter. Microsoft comprises approximately 1.2% of Integral Investment Advisors Inc.’s holdings, making the stock its 18th largest holding. Integral Investment Advisors Inc.’s holdings in Microsoft were worth $3,703,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Atwood & Palmer Inc. lifted its position in Microsoft by 7.9% in the first quarter. Atwood & Palmer Inc. now owns 4,964 shares of the software giant’s stock worth $1,863,000 after buying an additional 363 shares during the last quarter. Moseley Investment Management Inc. lifted its position in Microsoft by 0.5% in the first quarter. Moseley Investment Management Inc. now owns 23,258 shares of the software giant’s stock worth $8,731,000 after buying an additional 109 shares during the last quarter. Gibson Capital LLC increased its stake in Microsoft by 3.4% in the first quarter. Gibson Capital LLC now owns 3,861 shares of the software giant’s stock worth $1,449,000 after purchasing an additional 126 shares during the period. Terra Alpha Investments LLC increased its stake in Microsoft by 5.9% in the first quarter. Terra Alpha Investments LLC now owns 12,816 shares of the software giant’s stock worth $4,811,000 after purchasing an additional 718 shares during the period. Finally, Petredis Investment Advisors LLC increased its stake in Microsoft by 1.2% in the first quarter. Petredis Investment Advisors LLC now owns 125,372 shares of the software giant’s stock worth $47,063,000 after purchasing an additional 1,519 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

MSFT opened at $503.32 on Friday. The business’s 50-day moving average is $470.64 and its two-hundred day moving average is $425.85. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $506.78. 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 firm has a market capitalization of $3.74 trillion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $68.54 billion. During the same quarter in the previous year, the firm earned $2.94 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Research analysts anticipate that Microsoft Corporation will post 13.08 earnings per share 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 issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft’s dividend payout ratio is presently 25.66%.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of recent analyst reports. The Goldman Sachs Group increased their target price on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, May 21st. Evercore ISI set a $515.00 target price on Microsoft and gave the stock an “outperform” rating in a research note on Wednesday, May 21st. Needham & Company LLC reiterated a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. UBS Group reiterated a “positive” rating on shares of Microsoft in a research note on Monday, June 30th. Finally, BMO Capital Markets increased their target price on Microsoft from $485.00 to $550.00 and gave the stock an “outperform” rating in a research note on Thursday. Four analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $534.14.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider owned 471,036 shares of the company’s stock, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the firm’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the sale, the executive vice president directly owned 134,888 shares of the company’s stock, valued at approximately $61,208,127.76. This represents a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 135,743 shares of company stock valued at $60,224,683. 0.03% of the stock is currently owned by corporate insiders.

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.