1,796 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by BlueStem Wealth Partners LLC

BlueStem Wealth Partners LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,796 shares of the software giant's stock, valued at approximately $757,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Proficio Capital Partners LLC increased its position in shares of Microsoft by 34,643.3% during the fourth quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock valued at $7,096,913,000 after acquiring an additional 16,788,816 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after acquiring an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. increased its position in shares of Microsoft by 46.1% during the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock valued at $3,032,859,000 after acquiring an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Microsoft by 4.1% during the third 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 last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on MSFT shares. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. The Goldman Sachs Group lifted their price target on shares of Microsoft from $450.00 to $480.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Cantor Fitzgerald lifted their price target on shares of Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. DA Davidson lifted their price target on shares of Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Finally, Morgan Stanley lifted their price objective on shares of Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $507.77.

Microsoft Stock Up 0.1%

Shares of Microsoft stock traded up $0.56 during trading hours on Friday, hitting $438.73. The company had a trading volume of 15,313,766 shares, compared to its average volume of 21,454,441. The company's 50-day moving average is $389.19 and its two-hundred day moving average is $411.54. Microsoft Co. has a twelve month low of $344.79 and a twelve month 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. The company has a market cap of $3.26 trillion, a P/E ratio of 35.32, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. During the same quarter in the prior year, the business posted $2.94 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the sale, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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.