Personal CFO Solutions LLC Purchases 439 Shares of Microsoft Co. (NASDAQ:MSFT)

Personal CFO Solutions LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 30,878 shares of the software giant’s stock after purchasing an additional 439 shares during the period. Microsoft accounts for about 2.6% of Personal CFO Solutions LLC’s holdings, making the stock its 5th biggest holding. Personal CFO Solutions LLC’s holdings in Microsoft were worth $13,015,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MSFT. Muirfield Wealth Advisors LLC boosted its position in Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC boosted its stake in Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after purchasing an additional 24 shares during the period. Riverstone Advisors LLC boosted its stake in Microsoft by 0.6% in the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after purchasing an additional 25 shares during the period. Boulder Wealth Advisors LLC boosted its stake in shares of Microsoft by 1.0% during the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock worth $1,106,000 after buying an additional 25 shares during the last quarter. Finally, Sterling Group Wealth Management LLC raised its holdings in shares of Microsoft by 0.5% in the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock valued at $2,335,000 after purchasing an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $452.94 on Thursday. The company’s fifty day moving average price is $392.40 and its 200-day moving average price is $412.14. The firm has a market capitalization of $3.37 trillion, a price-to-earnings ratio of 36.47, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. The company had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.94 EPS. On average, equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.73%. Microsoft’s dividend payout ratio (DPR) is currently 25.66%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. KeyCorp reissued a “sector weight” rating on shares of Microsoft in a report on Thursday, April 17th. Jefferies Financial Group lifted their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Mizuho boosted their target price on shares of Microsoft from $475.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 1st. Raymond James upped their price objective on shares of Microsoft from $480.00 to $490.00 and gave the company an “outperform” rating in a report on Thursday, May 1st. Finally, The Goldman Sachs Group upped their price objective on shares of Microsoft from $450.00 to $480.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus target price of $507.77.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now directly owns 476,999 shares in the company, valued at $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.03% of the stock is currently owned by corporate insiders.

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.