Microsoft Co. (NASDAQ:MSFT) Stock Holdings Increased by WJ Wealth Management LLC

WJ Wealth Management LLC lifted its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 6.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,130 shares of the software giant’s stock after acquiring an additional 692 shares during the quarter. Microsoft accounts for approximately 2.0% of WJ Wealth Management LLC’s holdings, making the stock its 16th largest position. WJ Wealth Management LLC’s holdings in Microsoft were worth $4,561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Monumental Financial Group Inc. acquired a new stake in Microsoft during the first quarter worth about $28,000. Atlantic Private Wealth LLC increased its position in Microsoft by 534.5% in the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after buying an additional 155 shares during the period. Hibernia Wealth Partners LLC acquired a new position in shares of Microsoft during the third quarter valued at $69,000. Iron Horse Wealth Management LLC grew its position in shares of Microsoft by 89.0% during the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after acquiring an additional 105 shares during the last quarter. Finally, MayTech Global Investments LLC acquired a new stake in shares of Microsoft in the 4th quarter worth about $83,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSFT has been the subject of a number of recent analyst reports. Royal Bank of Canada increased their price objective on Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target on the stock in a research report on Thursday, January 18th. Wedbush raised their target price on Microsoft from $475.00 to $500.00 and gave the company an “outperform” rating in a research note on Tuesday, March 26th. Jefferies Financial Group lifted their target price on Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a report on Monday. Finally, StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $425.52.

Check Out Our Latest Stock Report on Microsoft

Insider Activity at Microsoft

In related news, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was 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 directly owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’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 transaction of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bradford L. Smith sold 3,303 shares of the firm’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 directly 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. Insiders have sold a total of 1,070,258 shares of company stock valued at $30,690,456 in the last 90 days. 0.03% of the stock is owned by corporate insiders.

Microsoft Price Performance

NASDAQ MSFT opened at $420.45 on Thursday. The stock’s 50-day moving average is $412.27 and its two-hundred day moving average is $376.71. 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 Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The firm has a market cap of $3.12 trillion, a P/E ratio of 38.02, a price-to-earnings-growth ratio of 2.26 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $61.14 billion. During the same quarter last year, the company posted $2.32 earnings per share. Microsoft’s quarterly revenue was up 17.6% on a year-over-year basis. On average, analysts anticipate that Microsoft Co. will post 11.63 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm 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 dividend of $0.75 per share. 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 dividend payout ratio is 27.12%.

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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