Denver PWM LLC Grows Stock Position in Microsoft Corporation $MSFT

Denver PWM LLC grew its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 32.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,200 shares of the software giant’s stock after purchasing an additional 1,519 shares during the period. Microsoft makes up about 1.0% of Denver PWM LLC’s investment portfolio, making the stock its 22nd largest position. Denver PWM LLC’s holdings in Microsoft were worth $3,084,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in MSFT. Longfellow Investment Management Co. LLC boosted its position in Microsoft by 51.3% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock valued at $29,000 after buying an additional 20 shares during the last quarter. Bulwark Capital Corp purchased a new position in Microsoft in the second quarter valued at about $32,000. Westend Capital Management LLC grew its stake in Microsoft by 386.7% during the 2nd quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after purchasing an additional 58 shares in the last quarter. University of Illinois Foundation purchased a new stake in Microsoft during the 2nd quarter worth approximately $50,000. Finally, LSV Asset Management acquired a new position in shares of Microsoft in the 4th quarter valued at approximately $44,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. BNP Paribas Exane raised their price target on shares of Microsoft from $630.00 to $632.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Robert W. Baird initiated coverage on shares of Microsoft in a report on Friday, November 14th. They set an “outperform” rating and a $600.00 price objective for the company. Cantor Fitzgerald set a $639.00 target price on shares of Microsoft in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Microsoft in a research report on Wednesday, October 8th. Finally, Mizuho lowered Microsoft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average price target of $632.34.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $483.47 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10. The firm’s 50-day moving average price is $504.83 and its two-hundred day moving average price is $501.85. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The stock has a market capitalization of $3.59 trillion, a P/E ratio of 34.39, a P/E/G ratio of 1.79 and a beta of 1.07.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, beating the consensus estimate of $3.65 by $0.48. The company had revenue of $77.67 billion during the quarter, compared to analyst estimates of $75.49 billion. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business’s revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.30 earnings per share. As a group, sell-side analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, February 19th. Microsoft’s dividend payout ratio (DPR) is presently 25.89%.

Insider Buying and Selling at Microsoft

In related news, EVP Takeshi Numoto sold 2,850 shares of Microsoft stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $478.72, for a total value of $1,364,352.00. Following the sale, the executive vice president directly owned 55,782 shares in the company, valued at $26,703,959.04. This trade represents a 4.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Judson Althoff sold 12,750 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the transaction, the chief executive officer directly owned 129,349 shares of the company’s stock, valued at $63,577,620.48. The trade was a 8.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 54,100 shares of company stock worth $27,598,872. 0.03% of the stock is 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.