Dynasty Wealth Management LLC Buys 42,470 Shares of Microsoft Corporation $MSFT

Dynasty Wealth Management LLC boosted its position in shares of Microsoft Corporation (NASDAQ:MSFTFree Report) by 4,804.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,354 shares of the software giant’s stock after purchasing an additional 42,470 shares during the period. Dynasty Wealth Management LLC’s holdings in Microsoft were worth $22,455,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC grew its holdings in Microsoft by 51.3% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after acquiring an additional 20 shares during the last quarter. Bayforest Capital Ltd bought a new position in shares of Microsoft in the third quarter worth about $38,000. LSV Asset Management acquired a new position in shares of Microsoft during the fourth quarter worth approximately $44,000. University of Illinois Foundation bought a new stake in shares of Microsoft during the second quarter valued at approximately $50,000. Finally, ROSS JOHNSON & Associates LLC grew its stake in shares of Microsoft by 155.7% during the first quarter. ROSS JOHNSON & Associates LLC now owns 156 shares of the software giant’s stock valued at $59,000 after purchasing an additional 95 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Trading Down 0.6%

MSFT opened at $401.82 on Friday. The firm’s fifty day moving average is $462.37 and its two-hundred day moving average is $493.44. The firm has a market cap of $2.98 trillion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.58 and a beta of 1.08. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.38 and a current ratio of 1.39.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The software giant reported $4.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.86 by $0.28. Microsoft had a return on equity of 32.34% and a net margin of 39.04%.The business had revenue of $81.27 billion during the quarter, compared to analyst estimates of $80.28 billion. During the same period in the previous year, the firm earned $3.23 EPS. Microsoft’s quarterly revenue was up 16.7% compared to the same quarter last year. Equities research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, February 19th. Microsoft’s dividend payout ratio is currently 22.76%.

Trending Headlines about Microsoft

Here are the key news stories impacting Microsoft this week:

Analyst Upgrades and Downgrades

MSFT has been the topic of several research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $590.00 price target on shares of Microsoft in a research note on Thursday, January 29th. Weiss Ratings restated a “buy (b)” rating on shares of Microsoft in a research report on Thursday, January 22nd. Raymond James Financial lowered their price target on shares of Microsoft from $630.00 to $600.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. BNP Paribas Exane boosted their price target on shares of Microsoft from $632.00 to $659.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 27th. Finally, Mizuho reduced their price objective on shares of Microsoft from $640.00 to $620.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $591.95.

View Our Latest Analysis on Microsoft

Insider Transactions at Microsoft

In related news, EVP Takeshi Numoto sold 2,850 shares of Microsoft stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $478.72, for a total value of $1,364,352.00. Following the sale, the executive vice president owned 55,782 shares of the company’s stock, valued at approximately $26,703,959.04. This trade represents a 4.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Judson Althoff sold 12,750 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $491.52, for a total value of $6,266,880.00. Following the completion of the sale, the chief executive officer owned 129,349 shares in the company, valued at $63,577,620.48. The trade was a 8.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.03% of the stock is currently owned by company insiders.

Microsoft Profile

(Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

See Also

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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