Viewpoint Capital Management LLC Has $6.80 Million Position in Microsoft Corporation $MSFT

Viewpoint Capital Management LLC raised its stake in Microsoft Corporation (NASDAQ:MSFT) by 0.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,671 shares of the software giant’s stock after purchasing an additional 25 shares during the quarter. Microsoft makes up about 3.3% of Viewpoint Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Viewpoint Capital Management LLC’s holdings in Microsoft were worth $6,800,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Newton One Investments LLC grew its stake in 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 purchasing an additional 30 shares in the last quarter. Bulwark Capital Corp acquired a new stake in shares of Microsoft in the second quarter valued at approximately $32,000. Westend Capital Management LLC lifted its position in shares of Microsoft by 386.7% in the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after buying an additional 58 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Microsoft in the fourth quarter valued at approximately $44,000. Finally, IFS Advisors LLC lifted its position 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 during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of Microsoft in a research report on Wednesday, October 22nd. Rothschild & Co Redburn raised their price objective on Microsoft from $550.00 to $560.00 and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Oppenheimer raised their price objective on Microsoft from $600.00 to $630.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Arete Research raised their price objective on Microsoft from $710.00 to $730.00 in a research report on Monday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $630.00 price target on shares of Microsoft in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $626.58.

Insider Buying and Selling at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction 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 transaction, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total value of $75,315,699.90. Following the sale, the chief executive officer owned 790,852 shares in the company, valued at $399,206,272.56. This represents a 15.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $542.07 on Wednesday. The stock has a market capitalization of $4.03 trillion, a PE ratio of 39.74, a P/E/G ratio of 2.31 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The business has a fifty day moving average price of $512.46 and a two-hundred day moving average price of $484.58. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $73.79 billion. During the same quarter last year, the company posted $2.95 EPS. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. As a group, equities analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 20th. This is a positive change from Microsoft’s previous quarterly dividend of $0.83. Microsoft’s dividend payout ratio is 24.34%.

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.