Microsoft Co. (NASDAQ:MSFT) is Aviso Wealth Management's 6th Largest Position

Aviso Wealth Management lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 16,472 shares of the software giant's stock after buying an additional 944 shares during the quarter. Microsoft comprises about 3.5% of Aviso Wealth Management's portfolio, making the stock its 6th largest holding. Aviso Wealth Management's holdings in Microsoft were worth $6,943,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Muirfield Wealth Advisors LLC boosted its holdings in shares of Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC boosted its holdings in shares of Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after buying an additional 24 shares in the last quarter. Boulder Wealth Advisors LLC boosted its holdings in shares of Microsoft by 1.0% during the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after buying an additional 25 shares in the last quarter. Sterling Group Wealth Management LLC boosted its holdings in shares of Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after buying an additional 25 shares in the last quarter. Finally, Kuhn & Co Investment Counsel boosted its holdings in shares of Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 1,000 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $460.01, for a total transaction of $460,010.00. Following the completion of the sale, the executive vice president now directly owns 47,058 shares of the company's stock, valued at $21,647,150.58. This trade represents a 2.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president now directly owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,743 shares of company stock valued at $58,835,683 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Performance

Shares of NASDAQ MSFT traded up $0.90 during midday trading on Wednesday, hitting $463.87. 14,135,414 shares of the company's stock traded hands, compared to its average volume of 21,449,429. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The stock has a market capitalization of $3.45 trillion, a price-to-earnings ratio of 37.35, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm has a fifty day moving average of $411.89 and a 200 day moving average of $415.62.

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

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is currently 25.66%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of research reports. Westpark Capital restated a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. JPMorgan Chase & Co. upped their price target on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Citigroup upped their price target on shares of Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Four research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $513.13.

About Microsoft

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.