Dougherty Wealth Advisers LLC Has $1.58 Million Position in Microsoft Co. (NASDAQ:MSFT)

Dougherty Wealth Advisers LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,203 shares of the software giant’s stock after selling 67 shares during the quarter. Microsoft comprises 1.5% of Dougherty Wealth Advisers LLC’s holdings, making the stock its 13th largest position. Dougherty Wealth Advisers LLC’s holdings in Microsoft were worth $1,580,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MSFT. DGS Capital Management LLC grew its holdings in shares of Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after purchasing an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Microsoft by 20.8% during the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock worth $351,001,000 after purchasing an additional 196,338 shares during the last quarter. Altus Wealth Group LLC grew its holdings in shares of Microsoft by 1.2% during the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock worth $3,919,000 after purchasing an additional 152 shares during the last quarter. Powell Investment Advisors LLC grew its holdings in shares of Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock worth $795,000 after purchasing an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its holdings in shares of Microsoft by 8.2% during the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock worth $1,921,000 after purchasing an additional 512 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 1.3 %

Shares of Microsoft stock opened at $399.12 on Friday. The business’s 50 day simple moving average is $414.86 and its 200 day simple moving average is $385.33. Microsoft Co. has a 52-week low of $275.37 and a 52-week high of $430.82. The firm has a market cap of $2.97 trillion, a PE ratio of 36.09, a P/E/G ratio of 2.15 and a beta of 0.89. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. During the same quarter last year, the firm earned $2.32 EPS. Microsoft’s revenue for the quarter was up 17.6% compared to the same quarter last year. On average, analysts predict that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.75%. Microsoft’s dividend payout ratio is 27.12%.

Wall Street Analyst Weigh In

Several analysts have recently commented on MSFT shares. BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price on the stock in a report on Thursday, January 18th. Macquarie raised their price target on Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Truist Financial reiterated a “buy” rating and issued a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. Raymond James raised their price target on Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Finally, Citigroup decreased their price target on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and thirty-five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $432.13.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the transaction, the insider now owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The disclosure for this sale can be found here. Insiders sold a total of 1,070,258 shares of company stock worth $30,690,456 over the last ninety days. 0.03% of the stock is currently owned by corporate 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.