Aldebaran Financial Inc. Has $2.32 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Aldebaran Financial Inc. lessened its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,171 shares of the software giant’s stock after selling 34 shares during the period. Microsoft comprises 3.6% of Aldebaran Financial Inc.’s portfolio, making the stock its 7th biggest holding. Aldebaran Financial Inc.’s holdings in Microsoft were worth $2,321,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in MSFT. Acute Investment Advisory LLC increased its holdings in shares of Microsoft by 12.7% in the third quarter. Acute Investment Advisory LLC now owns 1,142 shares of the software giant’s stock valued at $361,000 after purchasing an additional 129 shares in the last quarter. Financial Management Network Inc. increased its holdings in shares of Microsoft by 2.8% in the third quarter. Financial Management Network Inc. now owns 14,475 shares of the software giant’s stock valued at $4,617,000 after purchasing an additional 388 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Microsoft by 0.8% in the third quarter. Raymond James & Associates now owns 10,671,615 shares of the software giant’s stock valued at $3,369,562,000 after purchasing an additional 88,583 shares in the last quarter. Beach Investment Counsel Inc. PA increased its holdings in shares of Microsoft by 3.2% in the third quarter. Beach Investment Counsel Inc. PA now owns 38,735 shares of the software giant’s stock valued at $12,231,000 after purchasing an additional 1,199 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its holdings in shares of Microsoft by 11.5% in the third quarter. Simon Quick Advisors LLC now owns 39,732 shares of the software giant’s stock valued at $12,546,000 after purchasing an additional 4,110 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated 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 approximately $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, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated 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 approximately $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. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares in the company, valued at $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on MSFT. BMO Capital Markets raised their price objective on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 12th. Jefferies Financial Group raised their price objective on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, April 1st. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Thursday, February 22nd. JPMorgan Chase & Co. raised their price objective on shares of Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Finally, The Goldman Sachs Group raised their price objective on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Three analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $454.70.

View Our Latest Research Report on Microsoft

Microsoft Stock Up 0.9 %

Shares of MSFT stock opened at $429.04 on Wednesday. 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 Co. has a 1 year low of $309.45 and a 1 year high of $432.97. The firm’s fifty day moving average price is $415.74 and its two-hundred day moving average price is $397.72. The firm has a market capitalization of $3.19 trillion, a P/E ratio of 37.15, a PEG ratio of 2.22 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period in the previous year, the business earned $2.45 EPS. The company’s revenue was up 17.0% compared to the same quarter last year. On average, equities analysts predict that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.70%. Microsoft’s dividend payout ratio is presently 25.97%.

Microsoft 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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