G&S Capital LLC Purchases 91 Shares of Microsoft Corporation (NASDAQ:MSFT)

G&S Capital LLC grew its position in Microsoft Corporation (NASDAQ:MSFT) by 1.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 6,278 shares of the software giant’s stock after acquiring an additional 91 shares during the period. G&S Capital LLC’s holdings in Microsoft were worth $2,357,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Microsoft by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant’s stock worth $288,336,224,000 after purchasing an additional 10,431,988 shares during the last quarter. Geode Capital Management LLC raised its position in Microsoft by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant’s stock worth $70,720,874,000 after purchasing an additional 3,103,212 shares during the last quarter. Norges Bank bought a new position in Microsoft during the 4th quarter worth $44,343,058,000. Northern Trust Corp raised its position in Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant’s stock worth $35,316,535,000 after purchasing an additional 11,600,470 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Microsoft by 9.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant’s stock worth $25,273,704,000 after purchasing an additional 5,370,546 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Transactions at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,500 shares of the company’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the transaction, the executive vice president directly owned 134,888 shares in the company, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Takeshi Numoto sold 4,850 shares of the company’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares of the company’s stock, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 46,350 shares of company stock valued at $21,493,447. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MSFT shares. Sanford C. Bernstein raised their target price on Microsoft from $540.00 to $637.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Evercore ISI increased their price target on Microsoft from $515.00 to $545.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Needham & Company LLC reiterated a “buy” rating on shares of Microsoft in a report on Thursday, May 1st. Mizuho increased their price target on Microsoft from $540.00 to $625.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Benchmark reiterated a “buy” rating on shares of Microsoft in a report on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $609.86.

Microsoft Trading Down 1.6%

Shares of MSFT stock opened at $520.58 on Thursday. The company’s fifty day simple moving average is $500.51 and its two-hundred day simple moving average is $439.91. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45. The stock has a market capitalization of $3.87 trillion, a price-to-earnings ratio of 38.17, a PEG ratio of 2.32 and a beta of 1.06.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping the consensus estimate of $3.35 by $0.30. The firm had revenue of $76.44 billion for the quarter, compared to analysts’ expectations of $73.79 billion. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.95 earnings per share. As a group, analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.6%. Microsoft’s dividend payout ratio is presently 24.34%.

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.