Microsoft Co. (NASDAQ:MSFT) Shares Bought by ORG Wealth Partners LLC

ORG Wealth Partners LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,509 shares of the software giant’s stock after buying an additional 347 shares during the quarter. Microsoft comprises 1.0% of ORG Wealth Partners LLC’s portfolio, making the stock its 12th largest position. ORG Wealth Partners LLC’s holdings in Microsoft were worth $2,744,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Christopher J. Hasenberg Inc boosted its position in Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after buying an additional 25 shares during the last quarter. Quarry LP purchased a new position in Microsoft in the second quarter valued at about $45,000. Avondale Wealth Management grew its stake in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft during the 3rd quarter worth approximately $62,000. Finally, Carolina Wealth Advisors LLC boosted its stake in shares of Microsoft by 10.1% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock valued at $145,000 after buying an additional 31 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MSFT. BMO Capital Markets dropped their price target on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Truist Financial reissued a “buy” rating and issued a $600.00 target price on shares of Microsoft in a research report on Monday, October 28th. Loop Capital increased their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Guggenheim reissued a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Stock Up 0.2 %

MSFT opened at $409.40 on Wednesday. The stock’s 50 day moving average price is $428.01 and its 200 day moving average price is $422.85. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market cap of $3.04 trillion, a P/E ratio of 32.96, a P/E/G ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates 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 last year, the business earned $2.93 EPS. As a group, research analysts predict that Microsoft Co. will post 13.07 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s dividend payout ratio is currently 26.73%.

Insider Activity

In related news, CMO Takeshi Numoto sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $423.48, for a total transaction of $423,480.00. Following the completion of the transaction, the chief marketing officer now owns 56,511 shares of the company’s stock, valued at $23,931,278.28. This trade represents a 1.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares in the company, valued at approximately $48,911,598. This trade represents a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,000 shares of company stock worth $14,333,540 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Microsoft Company 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.