Coppell Advisory Solutions LLC Invests $16.89 Million in Microsoft Corporation $MSFT

Coppell Advisory Solutions LLC bought a new stake in Microsoft Corporation (NASDAQ:MSFT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,049 shares of the software giant’s stock, valued at approximately $16,886,000. Microsoft comprises 2.0% of Coppell Advisory Solutions LLC’s portfolio, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. AlphaQuest LLC boosted its position in Microsoft by 5.9% during the second quarter. AlphaQuest LLC now owns 342 shares of the software giant’s stock valued at $170,000 after acquiring an additional 19 shares during the last quarter. PMV Capital Advisers LLC increased its holdings in Microsoft by 5.9% in the second quarter. PMV Capital Advisers LLC now owns 359 shares of the software giant’s stock worth $178,000 after purchasing an additional 20 shares in the last quarter. Seek First Inc. lifted its stake in Microsoft by 1.5% in the second quarter. Seek First Inc. now owns 1,358 shares of the software giant’s stock valued at $675,000 after buying an additional 20 shares during the period. Level Financial Advisors boosted its holdings in shares of Microsoft by 0.8% during the 2nd quarter. Level Financial Advisors now owns 2,680 shares of the software giant’s stock worth $1,333,000 after buying an additional 20 shares in the last quarter. Finally, Red Mountain Financial LLC grew its position in shares of Microsoft by 0.7% during the 2nd quarter. Red Mountain Financial LLC now owns 2,761 shares of the software giant’s stock worth $1,373,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Down 1.0%

Shares of NASDAQ:MSFT opened at $478.53 on Monday. The business’s 50 day moving average is $504.05 and its 200 day moving average is $502.65. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The stock has a market cap of $3.56 trillion, a price-to-earnings ratio of 34.03, a PEG ratio of 1.79 and a beta of 1.07. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.48. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business had revenue of $77.67 billion for the quarter, compared to analysts’ expectations of $75.49 billion. During the same period last year, the business earned $3.30 EPS. The business’s revenue was up 18.4% on a year-over-year basis. On average, sell-side analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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

Analyst Ratings Changes

MSFT has been the topic of a number of research reports. Redburn Partners set a $560.00 target price on shares of Microsoft in a research report on Wednesday, October 22nd. Arete Research increased their price objective on shares of Microsoft from $710.00 to $730.00 in a research report on Monday, October 27th. Truist Financial boosted their target price on Microsoft from $650.00 to $675.00 and gave the company a “buy” rating in a research report on Monday, August 18th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Microsoft in a report on Wednesday, November 19th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Microsoft in a report on Wednesday, November 19th. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $632.34.

Insider Activity at Microsoft

In related news, CEO Judson Althoff sold 12,750 shares of Microsoft stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the sale, the chief executive officer directly owned 129,349 shares in the company, valued at approximately $63,577,620.48. This trade represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bradford L. Smith sold 38,500 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the completion of the transaction, the insider directly owned 461,597 shares in the company, valued at approximately $239,402,668.08. This represents a 7.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 54,100 shares of company stock valued at $27,598,872. 0.03% of the stock is owned by insiders.

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.