Community Bank of Raymore Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Community Bank of Raymore lifted its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,007 shares of the software giant’s stock after buying an additional 65 shares during the quarter. Microsoft makes up 1.2% of Community Bank of Raymore’s holdings, making the stock its 27th largest position. Community Bank of Raymore’s holdings in Microsoft were worth $2,635,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Cadian Capital Management LP boosted its stake in shares of Microsoft by 15.1% in the second quarter. Cadian Capital Management LP now owns 107,000 shares of the software giant’s stock worth $36,438,000 after buying an additional 14,000 shares during the last quarter. Gunderson Capital Management Inc. raised its holdings in Microsoft by 0.7% in the 4th quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock worth $9,359,000 after purchasing an additional 185 shares during the period. C M Bidwell & Associates Ltd. raised its holdings in Microsoft by 5.2% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 5,075 shares of the software giant’s stock worth $1,728,000 after purchasing an additional 253 shares during the period. Geneos Wealth Management Inc. raised its holdings in Microsoft by 4.1% in the 3rd quarter. Geneos Wealth Management Inc. now owns 82,267 shares of the software giant’s stock worth $25,976,000 after purchasing an additional 3,209 shares during the period. Finally, HS Management Partners LLC raised its holdings in Microsoft by 18.0% in the 3rd quarter. HS Management Partners LLC now owns 298,208 shares of the software giant’s stock worth $94,159,000 after purchasing an additional 45,560 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $422.86 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average is $408.33 and its two-hundred day moving average is $372.38. Microsoft Co. has a 12-month low of $272.05 and a 12-month high of $430.82. The stock has a market capitalization of $3.14 trillion, a price-to-earnings ratio of 38.23, a PEG ratio of 2.28 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. The business had revenue of $62.02 billion for the quarter, compared to analysts’ expectations of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.32 EPS. Research analysts expect that Microsoft Co. will post 11.63 EPS for the current year.

Microsoft Dividend Announcement

The business 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 $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is currently 27.12%.

Insider Activity at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of the company’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 sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction 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 sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The sale was disclosed in a legal 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 dated 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 sale, 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. In the last 90 days, insiders have sold 1,070,258 shares of company stock valued at $30,690,456. 0.03% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MSFT. Jefferies Financial Group reaffirmed a “buy” rating and issued a $465.00 price target on shares of Microsoft in a report on Wednesday, March 6th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Raymond James increased their target price on Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Truist Financial reissued a “buy” rating and set a $600.00 target price on shares of Microsoft in a report on Monday. Finally, BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price for the company in a report on Thursday, January 18th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $422.05.

Check Out Our Latest Report on Microsoft

Microsoft Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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