Bramshill Investments LLC Raises Position in Microsoft Co. (NASDAQ:MSFT)

Bramshill Investments LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 166.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,168 shares of the software giant's stock after buying an additional 1,978 shares during the period. Bramshill Investments LLC's holdings in Microsoft were worth $1,335,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. LSV Asset Management acquired a new stake in shares of Microsoft in the 4th quarter valued at $44,000. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. Finally, Fairway Wealth LLC acquired a new stake in shares of Microsoft in the 4th quarter valued at $62,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MSFT shares. Jefferies Financial Group raised their price objective on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a report on Thursday, May 1st. BMO Capital Markets restated an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. TD Securities raised their price objective on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Cantor Fitzgerald lifted their price target on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Wall Street Zen lowered shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Saturday. Five equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $515.68.

Insider Activity

In related news, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Takeshi Numoto sold 1,000 shares of the business's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total transaction of $460,010.00. Following the sale, the executive vice president now directly owns 47,058 shares in the company, valued at approximately $21,647,150.58. This represents a 2.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock valued at $60,224,683 over the last quarter. Corporate insiders own 0.03% of the company's stock.

Microsoft Trading Up 0.9%

NASDAQ MSFT opened at $479.14 on Tuesday. The firm has a market cap of $3.56 trillion, a PE ratio of 38.58, a P/E/G ratio of 2.21 and a beta of 1.03. The firm's fifty day moving average is $430.54 and its two-hundred day moving average is $418.94. 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 one year low of $344.79 and a one year high of $480.69.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.94 earnings per share. Analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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

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.

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