Bcwm LLC purchased a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,888 shares of the software giant's stock, valued at approximately $8,383,000. Microsoft accounts for about 3.0% of Bcwm LLC's holdings, making the stock its 12th largest holding.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Walled Lake Planning & Wealth Management LLC grew its position in shares of Microsoft by 2.2% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 7,497 shares of the software giant's stock worth $3,160,000 after buying an additional 162 shares in the last quarter. United Bank grew its position in shares of Microsoft by 8.6% during the 4th quarter. United Bank now owns 19,963 shares of the software giant's stock worth $8,414,000 after buying an additional 1,585 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in shares of Microsoft by 2.9% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16,347 shares of the software giant's stock worth $6,890,000 after buying an additional 467 shares in the last quarter. Joseph Group Capital Management grew its position in shares of Microsoft by 12.6% during the 4th quarter. Joseph Group Capital Management now owns 10,553 shares of the software giant's stock worth $4,448,000 after buying an additional 1,182 shares in the last quarter. Finally, Life Planning Partners Inc grew its position in shares of Microsoft by 5.1% during the 4th quarter. Life Planning Partners Inc now owns 540 shares of the software giant's stock worth $228,000 after buying an additional 26 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.
Wall Street Analyst Weigh In
MSFT has been the topic of a number of recent research reports. Morgan Stanley reissued an "overweight" rating on shares of Microsoft in a research report on Wednesday. TD Securities raised their price objective on Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. UBS Group dropped their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $513.13.
Check Out Our Latest Stock Analysis on MSFT
Microsoft Price Performance
Shares of MSFT opened at $467.68 on Friday. The stock has a market capitalization of $3.48 trillion, a P/E ratio of 37.66, a P/E/G ratio of 2.21 and a beta of 1.03. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $469.65. The company has a 50 day moving average of $415.43 and a 200-day moving average of $416.31. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.
Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the prior year, the firm posted $2.94 EPS. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.
Microsoft Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders 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 dividend yield of 0.71%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 25.66%.
Insider Transactions at Microsoft
In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the transaction, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president now directly owns 43,930 shares of the company's stock, valued at approximately $20,339,590. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 135,743 shares of company stock valued at $60,224,683. 0.03% of the stock is currently owned by corporate insiders.
About Microsoft
(
Free Report)
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.
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Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT - Free Report).
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