4,748 Shares in Microsoft Corporation (NASDAQ:MSFT) Purchased by Campbell Deegan Wealth Management LLC

Campbell Deegan Wealth Management LLC purchased a new position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,748 shares of the software giant's stock, valued at approximately $2,001,000. Microsoft comprises about 2.4% of Campbell Deegan Wealth Management LLC's holdings, making the stock its 7th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank bought a new stake in Microsoft in the fourth quarter valued at approximately $44,343,058,000. Proficio Capital Partners LLC increased its stake in Microsoft by 34,643.3% in the fourth quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock valued at $7,096,913,000 after purchasing an additional 16,788,816 shares in the last quarter. Northern Trust Corp increased its stake in Microsoft by 16.1% in the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after purchasing an additional 11,600,470 shares in the last quarter. Vanguard Group Inc. increased its stake in Microsoft by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after purchasing an additional 10,431,988 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Microsoft in the fourth quarter valued at approximately $3,035,987,000. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on MSFT shares. BMO Capital Markets reaffirmed an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Wedbush upped their target price on shares of Microsoft from $515.00 to $600.00 and gave the company an "outperform" rating in a research note on Wednesday. Jefferies Financial Group upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Wells Fargo & Company upped their price target on shares of Microsoft from $565.00 to $585.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Raymond James Financial upped their price target on shares of Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $521.14.

Insider Activity

In other news, EVP Takeshi Numoto sold 1,000 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $460.01, for a total value of $460,010.00. Following the transaction, the executive vice president now directly owns 47,058 shares of the company's stock, valued at $21,647,150.58. This represents a 2.08% 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 Amy Coleman sold 13,243 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 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 Performance

MSFT stock traded up $5.18 during trading hours on Thursday, reaching $497.45. The stock had a trading volume of 21,547,088 shares, compared to its average volume of 21,577,670. The stock has a market capitalization of $3.70 trillion, a PE ratio of 38.44, a price-to-earnings-growth ratio of 2.50 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The stock has a 50-day simple moving average of $444.31 and a 200 day simple moving average of $421.40. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $498.02.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The firm had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.94 earnings per share. Analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio is currently 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.