Mountain Capital Investment Advisors Inc. Buys 206 Shares of Microsoft Corporation $MSFT

Mountain Capital Investment Advisors Inc. raised its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 5.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,766 shares of the software giant’s stock after acquiring an additional 206 shares during the quarter. Microsoft makes up 0.3% of Mountain Capital Investment Advisors Inc.’s portfolio, making the stock its 17th largest holding. Mountain Capital Investment Advisors Inc.’s holdings in Microsoft were worth $1,459,000 as of its most recent filing with the SEC.

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

Microsoft Trading Down 0.6%

NASDAQ MSFT opened at $517.10 on Tuesday. The stock has a market capitalization of $3.84 trillion, a price-to-earnings ratio of 37.91, a PEG ratio of 2.28 and a beta of 1.06. The stock’s 50 day moving average price is $503.49 and its two-hundred day moving average price is $441.90. 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.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The company had revenue of $76.44 billion for the quarter, compared to analysts’ expectations of $73.79 billion. During the same quarter in the prior year, the business posted $2.95 EPS. The business’s revenue was up 18.1% compared to the same quarter last year. As a group, analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft’s dividend payout ratio is currently 24.34%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Morgan Stanley lifted their price objective on Microsoft from $530.00 to $582.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Raymond James Financial lifted their price objective on Microsoft from $490.00 to $570.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Westpark Capital reiterated a “hold” rating on shares of Microsoft in a research report on Thursday, July 31st. Evercore ISI lifted their price objective on Microsoft from $515.00 to $545.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, The Goldman Sachs Group lifted their price objective on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, May 21st. Two investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $612.54.

Insider Buying and Selling

In other news, EVP Kathleen T. Hogan sold 21,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president owned 134,888 shares in the company, valued at $61,208,127.76. This represents a 13.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Takeshi Numoto sold 4,850 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,350 shares of company stock worth $14,162,567. Company insiders own 0.03% of the company’s stock.

About Microsoft

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.