Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Chatham Capital Group Inc.

Chatham Capital Group Inc. lifted its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,761 shares of the software giant’s stock after buying an additional 327 shares during the period. Microsoft comprises approximately 2.3% of Chatham Capital Group Inc.’s portfolio, making the stock its 5th biggest position. Chatham Capital Group Inc.’s holdings in Microsoft were worth $11,567,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. DGS Capital Management LLC boosted its position in Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock valued at $4,422,000 after purchasing an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd boosted its position in Microsoft by 20.8% during the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after purchasing an additional 196,338 shares during the last quarter. Altus Wealth Group LLC boosted its position in Microsoft by 1.2% during the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after purchasing an additional 152 shares during the last quarter. Powell Investment Advisors LLC boosted its position in Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after purchasing an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its position in Microsoft by 8.2% during the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock valued at $1,921,000 after purchasing an additional 512 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of research reports. Jefferies Financial Group lifted their price objective on Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Piper Sandler reissued an “overweight” rating and set a $455.00 price objective on shares of Microsoft in a research report on Thursday, January 25th. KeyCorp began coverage on Microsoft in a report on Thursday, March 21st. They set an “overweight” rating and a $490.00 target price on the stock. Truist Financial restated a “buy” rating and set a $600.00 target price on shares of Microsoft in a report on Monday, March 25th. Finally, UBS Group restated a “buy” rating and set a $480.00 target price on shares of Microsoft in a report on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $431.03.

Microsoft Stock Down 0.7 %

MSFT stock opened at $411.84 on Thursday. Microsoft Co. has a twelve month low of $275.37 and a twelve month high of $430.82. The company has a market cap of $3.06 trillion, a PE ratio of 37.24, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. The business’s 50-day simple moving average is $415.48 and its 200 day simple moving average is $384.15. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19.

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

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th 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, May 15th. Microsoft’s payout ratio is 27.12%.

Insider Buying and Selling at Microsoft

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the transaction, the insider now directly owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was 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 directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,070,258 shares of company stock valued at $30,690,456. 0.03% of the stock is currently owned by corporate insiders.

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.