44,111 Shares in Microsoft Co. (NASDAQ:MSFT) Purchased by Banque de Luxembourg S.A.

Banque de Luxembourg S.A. bought a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 44,111 shares of the software giant's stock, valued at approximately $18,667,000. Microsoft comprises 9.9% of Banque de Luxembourg S.A.'s holdings, making the stock its 3rd biggest position.

Other institutional investors also recently bought and sold shares of the company. Muirfield Wealth Advisors LLC grew its stake in shares of Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after purchasing an additional 24 shares during the last quarter. Retirement Financial Solutions LLC boosted its position in Microsoft by 2.3% in 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 during the last quarter. Sterling Group Wealth Management LLC increased its stake in shares of Microsoft by 0.5% in 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 during the period. Kuhn & Co Investment Counsel raised its position in shares of Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after acquiring an additional 25 shares during the last quarter. Finally, Alliance Wealth Management Group lifted its stake in shares of Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock valued at $2,368,000 after acquiring an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the transaction, the insider now directly owns 471,036 shares of the company's stock, valued at $204,038,664.12. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Takeshi Numoto sold 3,000 shares of Microsoft stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the sale, the executive vice president now directly owns 43,930 shares of the company's stock, valued at $20,339,590. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock valued at $60,224,683 over the last ninety days. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Up 0.9%

Microsoft stock traded up $4.18 during mid-day trading on Monday, reaching $479.14. The company's stock had a trading volume of 15,536,581 shares, compared to its average volume of 21,515,256. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $480.64. The business's 50 day simple moving average is $428.05 and its 200 day simple moving average is $418.55. The company has a market capitalization of $3.56 trillion, a price-to-earnings ratio of 38.58, a price-to-earnings-growth 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, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter last year, the firm posted $2.94 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. As a group, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MSFT shares. Scotiabank raised their target price on shares of Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a research note on Thursday, May 1st. Citigroup raised their price objective on shares of Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a research note on Wednesday, June 11th. Tigress Financial upped their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. BMO Capital Markets restated an "outperform" rating on shares of Microsoft in a research report on Wednesday, May 21st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. Five equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $515.68.

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.