Microsoft Corporation (NASDAQ:MSFT) Stock Holdings Lifted by Dohj LLC

Dohj LLC increased its holdings in Microsoft Corporation (NASDAQ:MSFT) by 11.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,623 shares of the software giant’s stock after purchasing an additional 1,936 shares during the period. Microsoft makes up 1.6% of Dohj LLC’s investment portfolio, making the stock its 14th biggest holding. Dohj LLC’s holdings in Microsoft were worth $6,991,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Tcfg Wealth Management LLC boosted its position in shares of Microsoft by 1.2% during the first quarter. Tcfg Wealth Management LLC now owns 11,235 shares of the software giant’s stock worth $4,218,000 after purchasing an additional 129 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in Microsoft by 5.3% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 38,892 shares of the software giant’s stock worth $14,600,000 after purchasing an additional 1,974 shares in the last quarter. Dover Advisors LLC increased its position in Microsoft by 18.4% in the 1st quarter. Dover Advisors LLC now owns 38,294 shares of the software giant’s stock valued at $14,375,000 after acquiring an additional 5,961 shares during the period. CRA Financial Services LLC boosted its stake in shares of Microsoft by 1.2% in the 1st quarter. CRA Financial Services LLC now owns 41,658 shares of the software giant’s stock valued at $15,638,000 after purchasing an additional 484 shares during the last quarter. Finally, Palouse Capital Management Inc. boosted its stake in Microsoft by 4.4% during the first quarter. Palouse Capital Management Inc. now owns 11,753 shares of the software giant’s stock worth $4,412,000 after acquiring an additional 490 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on MSFT shares. BMO Capital Markets raised their price objective on shares of Microsoft from $485.00 to $550.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. TD Securities lifted their target price on shares of Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. Cantor Fitzgerald restated an “overweight” rating and set a $581.00 target price (up previously from $512.00) on shares of Microsoft in a report on Wednesday. Needham & Company LLC restated a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Tigress Financial increased their target price on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $538.04.

Microsoft Trading Up 1.2%

Shares of MSFT stock opened at $511.70 on Friday. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $513.37. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The company has a 50-day simple moving average of $476.35 and a two-hundred day simple moving average of $427.88. The company has a market capitalization of $3.80 trillion, a price-to-earnings ratio of 39.54, a PEG ratio of 2.30 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, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.94 EPS. Research analysts anticipate 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. Investors of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.65%. Microsoft’s dividend payout ratio (DPR) is currently 25.66%.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of the business’s stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the transaction, the insider directly owned 476,999 shares of the company’s stock, valued at $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Judson Althoff sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president owned 98,010 shares of the company’s stock, valued at $44,906,221.80. This trade represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 over the last 90 days. 0.03% of the stock is currently 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.