4WEALTH Advisors Inc. Purchases Shares of 4,078 Microsoft Co. (NASDAQ:MSFT)

4WEALTH Advisors Inc. acquired a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,078 shares of the software giant's stock, valued at approximately $1,719,000. Microsoft accounts for about 1.7% of 4WEALTH Advisors Inc.'s investment portfolio, making the stock its 11th largest holding.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. bought a new position in Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. LSV Asset Management bought a new stake in shares of Microsoft during the 4th quarter worth $44,000. Avondale Wealth Management grew its position in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the last quarter. Finally, Fairway Wealth LLC acquired a new position in Microsoft during the fourth quarter worth about $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MSFT. Bank of America decreased their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Mizuho upped their price target on shares of Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Wells Fargo & Company increased their price target on Microsoft from $515.00 to $565.00 and gave the company an "overweight" rating in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Tigress Financial upped their target price on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and an average price target of $515.68.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the transaction, the executive vice president now directly owns 43,930 shares in the company, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the firm's 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 transaction, the insider now directly owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,743 shares of company stock worth $60,224,683 over the last quarter. Corporate insiders own 0.03% of the company's stock.

Microsoft Stock Up 1.0%

Shares of NASDAQ MSFT traded up $4.75 during trading on Monday, hitting $479.71. The stock had a trading volume of 3,159,382 shares, compared to its average volume of 21,468,348. 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 firm has a fifty day moving average of $428.05 and a two-hundred day moving average of $418.55. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $480.64. The company has a market capitalization of $3.57 trillion, a PE ratio of 38.64, a PEG ratio of 2.21 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter in the previous year, the firm posted $2.94 earnings per share. The company's revenue for the quarter was up 13.3% on a year-over-year basis. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.69%. Microsoft's dividend payout ratio is presently 25.66%.

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.