Colrain Capital LLC Takes $1.47 Million Position in Microsoft Co. (NASDAQ:MSFT)

Colrain Capital LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 3,475 shares of the software giant's stock, valued at approximately $1,465,000. Microsoft comprises about 1.4% of Colrain Capital LLC's portfolio, making the stock its 22nd largest position.

Several other institutional investors also recently bought and sold shares of the business. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft during the 4th quarter worth $38,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the last quarter. Avondale Wealth Management increased its holdings in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares during the last quarter. Fairway Wealth LLC acquired a new stake in shares of Microsoft during the 4th quarter worth $62,000. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of Microsoft during the 4th quarter worth $120,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Up 0.6%

Shares of MSFT stock traded up $2.70 during trading hours on Friday, hitting $470.38. 15,271,762 shares of the company were exchanged, compared to its average volume of 21,523,496. 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 $473.34. The business's 50-day simple moving average is $417.20 and its two-hundred day simple moving average is $416.67. The stock has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 37.87, a P/E/G ratio of 2.21 and a beta of 1.03.

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

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.71%. Microsoft's payout ratio is 25.66%.

Insider Transactions at Microsoft

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the transaction, 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 SEC, which is available at this link. Also, insider Bradford L. Smith sold 75,000 shares of the firm'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 directly owns 476,999 shares in the company, valued at $207,995,413.95. This represents a 13.59% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 135,743 shares of company stock valued at $60,224,683. Insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Cantor Fitzgerald upped their price objective on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Citigroup upped their price target on shares of Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. BMO Capital Markets reaffirmed an "outperform" rating on shares of Microsoft in a research report on Wednesday, May 21st. Finally, Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average price target of $513.59.

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.