Capital A Wealth Management LLC Purchases New Position in Microsoft Corporation (NASDAQ:MSFT)

Capital A Wealth Management LLC purchased a new position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,486 shares of the software giant's stock, valued at approximately $1,469,000. Microsoft makes up about 2.4% of Capital A Wealth Management LLC's portfolio, making the stock its 8th biggest holding.

A number of other hedge funds have also recently made changes to their positions in MSFT. Financial Advisory Corp bought a new position in shares of Microsoft during the 4th quarter valued at $457,000. Discipline Wealth Solutions LLC boosted its position in Microsoft by 1.6% during the fourth quarter. Discipline Wealth Solutions LLC now owns 2,701 shares of the software giant's stock valued at $1,138,000 after buying an additional 42 shares during the period. Windmill Hill Asset Management Ltd grew its stake in shares of Microsoft by 17.4% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 9,994 shares of the software giant's stock valued at $4,212,000 after buying an additional 1,478 shares during the last quarter. LM Advisors LLC grew its stake in shares of Microsoft by 0.6% during the fourth quarter. LM Advisors LLC now owns 36,704 shares of the software giant's stock valued at $15,471,000 after buying an additional 217 shares during the last quarter. Finally, Lakeshore Capital Group Inc. purchased a new position in shares of Microsoft in the fourth quarter worth about $1,629,000. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MSFT has been the subject of several analyst reports. JPMorgan Chase & Co. increased their target price on Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research report on Wednesday, May 21st. Westpark Capital restated a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. Morgan Stanley reaffirmed an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. Finally, The Goldman Sachs Group upped their price target on shares of Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Five research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company. According to MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $515.68.

Microsoft Stock Down 0.6%

Shares of MSFT stock traded down $2.84 during trading hours on Friday, hitting $477.40. 37,241,095 shares of the company's stock traded hands, compared to its average volume of 21,515,262. The stock's fifty day simple moving average is $437.84 and its two-hundred day simple moving average is $420.40. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $483.46. The stock has a market cap of $3.55 trillion, a price-to-earnings ratio of 36.89, a PEG ratio of 2.43 and a beta of 1.03. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12.

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, beating the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. During the same period last year, the business earned $2.94 earnings per share. The business's revenue was up 13.3% on a year-over-year basis. On average, analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm 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 dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.70%. Microsoft's payout ratio is 25.66%.

Insider Activity

In related news, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction that occurred on 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 sale, the executive vice president now owns 43,100 shares of the company's stock, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were 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. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 135,743 shares of company stock worth $60,224,683. Insiders own 0.03% of the company's stock.

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.