Curated Wealth Partners LLC Raises Stake in Microsoft Corporation (NASDAQ:MSFT)

Curated Wealth Partners LLC boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 16,296 shares of the software giant's stock after purchasing an additional 645 shares during the period. Microsoft makes up 0.8% of Curated Wealth Partners LLC's investment portfolio, making the stock its 11th largest holding. Curated Wealth Partners LLC's holdings in Microsoft were worth $6,117,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSFT. Ball & Co Wealth Management Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at about $31,000. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at about $38,000. LSV Asset Management purchased a new stake in Microsoft in the 4th quarter valued at approximately $44,000. IFS Advisors LLC boosted its holdings in Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after purchasing an additional 50 shares in the last quarter. Finally, Fairway Wealth LLC purchased a new stake in Microsoft in the 4th quarter valued at approximately $62,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Performance

Shares of MSFT opened at $503.32 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The company has a market capitalization of $3.74 trillion, a price-to-earnings ratio of 38.90, a PEG ratio of 2.27 and a beta of 1.04. The company's 50 day simple moving average is $470.64 and its 200 day simple moving average is $425.85. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $506.78.

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

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.66%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Analysts Set New Price Targets

A number of analysts recently weighed in on MSFT shares. Mizuho lifted their price target on Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Piper Sandler boosted their target price on shares of Microsoft from $475.00 to $600.00 and gave the stock an "overweight" rating in a research report on Thursday. Royal Bank Of Canada restated an "outperform" rating and set a $525.00 target price on shares of Microsoft in a research report on Friday, May 23rd. The Goldman Sachs Group boosted their target price on shares of Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Finally, UBS Group reissued a "positive" rating on shares of Microsoft in a report on Monday, June 30th. Four investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $534.14.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction 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. This trade represents a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction that occurred on 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 transaction, the insider directly owned 476,999 shares in the company, valued at approximately $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 sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is currently owned by insiders.

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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