19,054 Shares in Microsoft Corporation $MSFT Bought by KTF Investments LLC

Key Points

• KTF Investments LLC opened a new position in Microsoft, buying 19,054 shares worth about $9.2 million in the fourth quarter. Microsoft now represents roughly 1.5% of the firm’s portfolio.
• Microsoft continues to attract institutional interest, with several funds recently increasing or initiating stakes, and 71.13% of the stock is owned by institutional investors and hedge funds.
• The company reported better-than-expected quarterly results, with EPS of $4.27 and revenue of $82.89 billion, while also announcing a $0.91 quarterly dividend payable June 11.

KTF Investments LLC bought a new position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,054 shares of the software giant's stock, valued at approximately $9,215,000. Microsoft makes up about 1.5% of KTF Investments LLC's investment portfolio, making the stock its 22nd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IRON Financial LLC lifted its holdings in Microsoft by 23.2% during the 3rd quarter. IRON Financial LLC now owns 6,510 shares of the software giant's stock worth $3,372,000 after buying an additional 1,225 shares during the last quarter. PMG Family Office LLC acquired a new stake in shares of Microsoft during the third quarter worth about $828,000. Trifecta Capital Advisors LLC increased its position in shares of Microsoft by 2.3% during the third quarter. Trifecta Capital Advisors LLC now owns 70,175 shares of the software giant's stock worth $36,347,000 after purchasing an additional 1,572 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Microsoft by 1.0% during the third quarter. TD Waterhouse Canada Inc. now owns 949,901 shares of the software giant's stock worth $493,860,000 after purchasing an additional 9,700 shares in the last quarter. Finally, Werba Rubin Papier Wealth Management increased its position in shares of Microsoft by 15.7% during the fourth quarter. Werba Rubin Papier Wealth Management now owns 12,492 shares of the software giant's stock worth $6,041,000 after purchasing an additional 1,698 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

Shares of MSFT stock opened at $418.57 on Tuesday. The stock has a market capitalization of $3.11 trillion, a PE ratio of 24.91, a price-to-earnings-growth ratio of 1.51 and a beta of 1.10. Microsoft Corporation has a 52-week low of $356.28 and a 52-week high of $555.45. The stock's 50-day moving average price is $399.71 and its 200 day moving average price is $436.24. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.06 by $0.21. The firm had revenue of $82.89 billion for the quarter, compared to analysts' expectations of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The firm's revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.46 EPS. As a group, equities research analysts forecast that Microsoft Corporation will post 16.76 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, May 21st. Microsoft's payout ratio is 21.67%.

Microsoft News Summary

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a large new Microsoft stake, signaling strong confidence in MSFT’s long-term AI and cloud growth prospects. Billionaire Bill Ackman Just Made a Massive Bet on Microsoft. Here's Why.
• Positive Sentiment: Analysts and market commentators continue to argue Microsoft remains a strong long-term compounder, with some saying the stock looks cheaper than it has in years on a cash-flow basis. Is Microsoft Stock a Steal Right Now?
• Positive Sentiment: Some analysts say Microsoft’s move away from an overly dependent OpenAI relationship could be beneficial over time because customers increasingly want access to multiple AI models rather than one exclusive partner. Why Microsoft's Split With OpenAI May Be Great for the Stock in the Long Run

Insider Activity

In related news, EVP Amy Coleman sold 1,262 shares of the business's stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the transaction, the executive vice president owned 46,003 shares in the company, valued at $18,922,874.02. The trade was a 2.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 12,321 shares of the business's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $409.52, for a total value of $5,045,695.92. Following the transaction, the executive vice president owned 137,933 shares in the company, valued at $56,486,322.16. The trade was a 8.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, April 30th. TD Cowen upgraded Microsoft from a "buy" rating to a "hold" rating in a research report on Tuesday, May 5th. Daiwa Securities Group cut their target price on Microsoft from $630.00 to $600.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. Scotiabank cut their target price on Microsoft from $600.00 to $550.00 and set an "outperform" rating on the stock in a research report on Thursday, April 30th. Finally, William Blair reiterated an "outperform" rating on shares of Microsoft in a research report on Monday, March 9th. Thirty-nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $560.88.

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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