Ullmann Wealth Partners Group LLC Acquires 567 Shares of Microsoft Co. (NASDAQ:MSFT)

Ullmann Wealth Partners Group LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 4.6% during the fourth quarter, Holdings Channel reports. The fund owned 13,009 shares of the software giant’s stock after acquiring an additional 567 shares during the quarter. Microsoft comprises about 0.7% of Ullmann Wealth Partners Group LLC’s holdings, making the stock its 25th biggest holding. Ullmann Wealth Partners Group LLC’s holdings in Microsoft were worth $5,483,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Geode Capital Management LLC lifted its stake in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after buying an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after acquiring an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. grew its position in shares of Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.5 %

NASDAQ MSFT opened at $399.73 on Thursday. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The business’s fifty day moving average is $422.36 and its 200 day moving average is $423.01. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $2.97 trillion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the company earned $2.93 EPS. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.83%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. TD Cowen dropped their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Mizuho dropped their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. DA Davidson restated a “neutral” rating and issued a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Finally, BMO Capital Markets cut their price objective on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $510.96.

Insider Activity

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 7,000 shares of company stock valued at $3,070,340. Insiders own 0.03% of the company’s stock.

About Microsoft

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.