TFB Advisors LLC Makes New $4.39 Million Investment in Microsoft Co. (NASDAQ:MSFT)

TFB Advisors LLC acquired a new position in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 11,680 shares of the software giant’s stock, valued at approximately $4,392,000. Microsoft makes up 2.2% of TFB Advisors LLC’s holdings, making the stock its 7th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Gunderson Capital Management Inc. raised its stake in shares of Microsoft by 0.7% in the 4th quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after purchasing an additional 185 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Microsoft by 4.1% in the 3rd quarter. Geneos Wealth Management Inc. now owns 82,267 shares of the software giant’s stock valued at $25,976,000 after purchasing an additional 3,209 shares in the last quarter. HS Management Partners LLC raised its stake in shares of Microsoft by 18.0% in the 3rd quarter. HS Management Partners LLC now owns 298,208 shares of the software giant’s stock valued at $94,159,000 after purchasing an additional 45,560 shares in the last quarter. Bailard Inc. raised its stake in shares of Microsoft by 1.2% in the 3rd quarter. Bailard Inc. now owns 470,301 shares of the software giant’s stock valued at $148,497,000 after purchasing an additional 5,366 shares in the last quarter. Finally, RNC Capital Management LLC raised its stake in shares of Microsoft by 10.4% in the 4th quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after purchasing an additional 6,484 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity at Microsoft

In related news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares in the company, valued at approximately $231,823,855.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Bradford L. Smith sold 45,000 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the sale, the insider now owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Down 1.4 %

MSFT stock opened at $421.90 on Friday. Microsoft Co. has a 12 month low of $275.37 and a 12 month high of $430.82. The firm has a market cap of $3.13 trillion, a PE ratio of 38.15, a P/E/G ratio of 2.28 and a beta of 0.89. The firm has a 50 day simple moving average of $415.19 and a 200 day simple moving average of $382.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20.

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

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 27.12%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MSFT shares. Jefferies Financial Group upped their target price on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, April 1st. DA Davidson reiterated a “buy” rating and set a $500.00 price objective on shares of Microsoft in a research note on Friday, March 15th. UBS Group reiterated a “buy” rating and set a $480.00 price objective on shares of Microsoft in a research note on Wednesday. Royal Bank of Canada increased their price objective on shares of Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Finally, BNP Paribas upgraded shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price objective on the stock in a research note on Thursday, January 18th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $430.52.

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.