Microsoft Co. (NASDAQ:MSFT) Shares Bought by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 150,257 shares of the software giant’s stock after buying an additional 1,677 shares during the period. Microsoft makes up approximately 1.6% of Signature Estate & Investment Advisors LLC’s portfolio, making the stock its 14th largest position. Signature Estate & Investment Advisors LLC’s holdings in Microsoft were worth $47,444,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC raised its holdings in Microsoft by 112,158.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock valued at $36,017,948,000 after buying an additional 150,053,637 shares during the period. Norges Bank acquired a new stake in shares of Microsoft during the fourth quarter valued at about $20,700,525,000. Aaron Wealth Advisors LLC raised its stake in shares of Microsoft by 35,465.9% in the 1st quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after acquiring an additional 20,553,188 shares during the period. Morgan Stanley lifted its holdings in shares of Microsoft by 14.0% in the 4th quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock worth $28,638,815,000 after acquiring an additional 14,652,150 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Microsoft by 348.6% during the 2nd quarter. Osaic Holdings Inc. now owns 11,998,927 shares of the software giant’s stock worth $894,426,000 after purchasing an additional 9,324,182 shares during the period. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $408.59 on Wednesday. The stock has a fifty day moving average price of $380.47 and a 200 day moving average price of $350.87. Microsoft Co. has a 1-year low of $242.95 and a 1-year high of $413.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.66 and a quick ratio of 1.64. The company has a market cap of $3.04 trillion, a PE ratio of 39.55, a P/E/G ratio of 2.34 and a beta of 0.88.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.18. Microsoft had a net margin of 35.31% and a return on equity of 38.79%. The firm had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. During the same period in the prior year, the company posted $2.32 earnings per share. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. Sell-side analysts forecast that Microsoft Co. will post 11.15 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 15th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio is presently 29.04%.

Insiders Place Their Bets

In other Microsoft news, EVP Kathleen T. Hogan sold 24,681 shares of the business’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the sale, the executive vice president now directly owns 183,761 shares in the company, valued at approximately $67,807,809. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of research reports. Loop Capital assumed coverage on Microsoft in a research note on Tuesday, October 17th. They set a “buy” rating and a $425.00 price target on the stock. Oppenheimer reissued an “outperform” rating and set a $410.00 target price on shares of Microsoft in a research note on Wednesday, October 25th. Barclays lifted their target price on Microsoft from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Tuesday, November 14th. BMO Capital Markets increased their price target on shares of Microsoft from $400.00 to $420.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Finally, The Goldman Sachs Group lifted their price objective on shares of Microsoft from $400.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, October 25th. Three analysts have rated the stock with a hold rating and thirty-seven have given a buy rating to the company. Based on data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $403.16.

View Our Latest Stock Analysis on MSFT

About Microsoft

(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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