Microsoft Corporation (NASDAQ:MSFT) Shares Acquired by Marshall Financial Group LLC

Marshall Financial Group LLC increased its stake in shares of Microsoft Corporation (NASDAQ:MSFTFree Report) by 1.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,780 shares of the software giant’s stock after purchasing an additional 158 shares during the period. Microsoft accounts for approximately 1.0% of Marshall Financial Group LLC’s investment portfolio, making the stock its 18th biggest position. Marshall Financial Group LLC’s holdings in Microsoft were worth $4,422,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Ball & Co Wealth Management Inc. acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $31,000. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $38,000. LSV Asset Management acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $44,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock worth $57,000 after buying an additional 50 shares during the last quarter. Finally, Fairway Wealth LLC acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Trading Up 0.6%

Shares of MSFT stock opened at $505.82 on Wednesday. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $508.30. The firm’s fifty day simple moving average is $473.43 and its 200 day simple moving average is $426.73. The firm has a market capitalization of $3.76 trillion, a P/E ratio of 39.09, a price-to-earnings-growth ratio of 2.28 and a beta of 1.04. 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 (NASDAQ:MSFTGet Free Report) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the previous year, the company earned $2.94 EPS. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, sell-side analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.66%. Microsoft’s dividend payout ratio (DPR) is 25.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on MSFT shares. Mizuho increased their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. Benchmark reaffirmed a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Wedbush increased their price objective on shares of Microsoft from $515.00 to $600.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 25th. Stifel Nicolaus increased their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Finally, Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Four research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $534.14.

Check Out Our Latest Report on Microsoft

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president directly owned 43,100 shares of the company’s stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of the business’s stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the sale, the executive vice president directly owned 98,010 shares of the company’s stock, 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. Insiders have sold 135,743 shares of company stock worth $60,224,683 over the last quarter. Corporate insiders own 0.03% of the company’s stock.

About Microsoft

(Free Report)

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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