Microsoft Co. (NASDAQ:MSFT) is Trifecta Capital Advisors LLC’s 3rd Largest Position

Trifecta Capital Advisors LLC raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,500 shares of the software giant’s stock after acquiring an additional 1,214 shares during the quarter. Microsoft makes up 5.7% of Trifecta Capital Advisors LLC’s portfolio, making the stock its 3rd largest holding. Trifecta Capital Advisors LLC’s holdings in Microsoft were worth $20,494,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Financial Security Advisor Inc. raised its position in shares of Microsoft by 1.7% during the 4th quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after purchasing an additional 452 shares during the period. Gunderson Capital Management Inc. raised its holdings in Microsoft by 0.7% during the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after acquiring an additional 185 shares during the period. Rappaport Reiches Capital Management LLC lifted its position in shares of Microsoft by 14.9% in the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after acquiring an additional 1,067 shares in the last quarter. Bailard Inc. boosted its stake in shares of Microsoft by 1.2% in the third quarter. Bailard Inc. now owns 470,301 shares of the software giant’s stock worth $148,497,000 after acquiring an additional 5,366 shares during the period. Finally, RNC Capital Management LLC grew its position in shares of Microsoft by 10.4% during the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock worth $25,967,000 after purchasing an additional 6,484 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 2.2 %

NASDAQ MSFT opened at $406.66 on Friday. Microsoft Co. has a 12 month low of $303.40 and a 12 month high of $430.82. The company’s 50-day moving average price is $413.76 and its 200-day moving average price is $389.54. The stock has a market cap of $3.02 trillion, a PE ratio of 35.21, a PEG ratio of 2.09 and a beta of 0.89. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The business had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company posted $2.45 earnings per share. Equities research analysts forecast that Microsoft Co. will post 11.76 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is 25.97%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Sanford C. Bernstein upped their price target on Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Macquarie upped their target price on shares of Microsoft from $430.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. UBS Group reiterated a “buy” rating and issued a $480.00 price target on shares of Microsoft in a research note on Wednesday, April 10th. JPMorgan Chase & Co. raised their price objective on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, Barclays boosted their target price on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Three research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $452.61.

Insider Transactions at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were 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 of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were 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 owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the company’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 transaction of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,025,258 shares of company stock valued at $12,160,356. 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.