Clarius Group LLC Acquires 3,259 Shares of Microsoft Co. (NASDAQ:MSFT)

Clarius Group LLC boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 313,283 shares of the software giant’s stock after buying an additional 3,259 shares during the period. Microsoft comprises 9.0% of Clarius Group LLC’s portfolio, making the stock its 2nd biggest holding. Clarius Group LLC’s holdings in Microsoft were worth $132,049,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. BCK Partners Inc. boosted its position in shares of Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares during the period. Global Wealth Strategies & Associates raised its stake in Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after purchasing an additional 25 shares during the last quarter. Christopher J. Hasenberg Inc increased its stake in shares of Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares during the last quarter. Sequent Asset Management LLC grew its holdings in shares of Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after purchasing an additional 25 shares during the period. Finally, Cypress Point Wealth Management LLC boosted its stake in shares of Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after purchasing an additional 25 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

NASDAQ MSFT opened at $388.49 on Tuesday. The company has a market cap of $2.89 trillion, a P/E ratio of 31.28, a P/E/G ratio of 2.21 and a beta of 0.90. The business’s 50 day moving average price is $419.75 and its 200-day moving average price is $422.59. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

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

Wall Street Analysts Forecast Growth

MSFT has been the topic of several research analyst reports. Wedbush restated an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Morgan Stanley lowered their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. UBS Group reduced their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Stifel Nicolaus raised their target price on shares of Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Four analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $510.96.

Insiders Place Their Bets

In other news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Microsoft 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.