Capitol Family Office Inc. Has $2.55 Million Position in Microsoft Corporation (NASDAQ:MSFT)

Capitol Family Office Inc. decreased its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 23.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,796 shares of the software giant's stock after selling 2,131 shares during the period. Microsoft accounts for about 3.6% of Capitol Family Office Inc.'s portfolio, making the stock its 7th biggest holding. Capitol Family Office Inc.'s holdings in Microsoft were worth $2,551,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MSFT. Norges Bank purchased a new stake in shares of Microsoft in the fourth quarter worth about $44,343,058,000. GAMMA Investing LLC raised its position in Microsoft by 40,290.4% during the first quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant's stock valued at $17,528,950,000 after purchasing an additional 46,579,693 shares during the period. Proficio Capital Partners LLC raised its position in Microsoft by 34,643.3% during 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 during the period. Northern Trust Corp raised its position in Microsoft by 16.1% during 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 during the period. Finally, Vanguard Group Inc. raised its position in Microsoft by 1.5% during 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 during the period. Institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. UBS Group reaffirmed a "buy" rating and set a $650.00 target price (up previously from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. Bank of America upped their target price on Microsoft from $585.00 to $640.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Piper Sandler upped their target price on Microsoft from $600.00 to $650.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Finally, Stifel Nicolaus increased their price objective on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Two equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $609.86.

Insider Buying and Selling

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction dated Thursday, May 15th. The stock was 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 owned 43,100 shares in the company, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the transaction, the executive vice president owned 134,888 shares of the company's stock, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 54,743 shares of company stock worth $24,921,913. Corporate insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $522.04 on Monday. The firm has a market capitalization of $3.88 trillion, a price-to-earnings ratio of 38.27, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The business has a fifty day moving average of $496.85 and a 200 day moving average of $438.17. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The firm's quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $2.95 EPS. As a group, research analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

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.

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