Kavar Capital Partners Group LLC Has $15.39 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Kavar Capital Partners Group LLC reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by 0.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,998 shares of the software giant’s stock after selling 72 shares during the period. Microsoft accounts for 2.6% of Kavar Capital Partners Group LLC’s holdings, making the stock its 8th biggest holding. Kavar Capital Partners Group LLC’s holdings in Microsoft were worth $15,390,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ball & Co Wealth Management Inc. bought a new stake in Microsoft in the 4th quarter worth about $31,000. Newton One Investments LLC grew its position in Microsoft by 66.7% in the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock worth $28,000 after purchasing an additional 30 shares in the last quarter. LSV Asset Management bought a new stake in Microsoft in the 4th quarter worth about $44,000. Fairway Wealth LLC bought a new stake in Microsoft in the 4th quarter worth about $62,000. Finally, IFS Advisors LLC grew its position in Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock worth $57,000 after purchasing an additional 50 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Buying and Selling at Microsoft

In related news, EVP Judson Althoff sold 16,000 shares of the stock in a transaction 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 transaction, the executive vice president owned 98,010 shares of the company’s stock, valued at approximately $44,906,221.80. This trade represents a 14.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction 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 transaction, the executive vice president directly owned 43,930 shares in the company, valued at approximately $20,339,590. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 54,743 shares of company stock worth $24,921,913 in the last quarter. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MSFT. Mizuho increased their target price on shares of Microsoft from $540.00 to $625.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. UBS Group reissued a “buy” rating and set a $650.00 target price (up from $600.00) on shares of Microsoft in a research report on Thursday, July 31st. DA Davidson increased their target price on shares of Microsoft from $600.00 to $650.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Raymond James Financial increased their target price on shares of Microsoft from $490.00 to $570.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. Finally, Oppenheimer increased their target price on shares of Microsoft from $600.00 to $630.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $609.86.

Microsoft Price Performance

MSFT stock opened at $527.75 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45. The firm’s fifty day moving average is $492.99 and its 200 day moving average is $436.40. The firm has a market cap of $3.92 trillion, a P/E ratio of 38.69, a P/E/G ratio of 2.34 and a beta of 1.06.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, beating the consensus estimate of $3.35 by $0.30. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The company had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. During the same quarter last year, the firm earned $2.95 EPS. The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. Research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.6%. Microsoft’s dividend payout ratio (DPR) is currently 24.34%.

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.