Davidson Trust Co. Has $15.48 Million Holdings in Microsoft Corporation $MSFT

Key Points

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Davidson Trust Co. raised its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,244 shares of the software giant's stock after purchasing an additional 1,926 shares during the quarter. Microsoft makes up about 7.4% of Davidson Trust Co.'s investment portfolio, making the stock its largest position. Davidson Trust Co.'s holdings in Microsoft were worth $15,483,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Fosun International Ltd increased its stake in shares of Microsoft by 0.3% in the 1st quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock valued at $2,490,000 after buying an additional 23 shares during the period. Retirement Financial Solutions LLC increased its stake in shares of Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after buying an additional 24 shares during the period. Alliance Wealth Management Group increased its stake in shares of Microsoft by 0.4% in the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock valued at $2,368,000 after buying an additional 25 shares during the period. Guidance Point Advisors LLC increased its stake in shares of Microsoft by 0.6% in the 4th quarter. Guidance Point Advisors LLC now owns 4,294 shares of the software giant's stock valued at $1,811,000 after buying an additional 25 shares during the period. Finally, Hudson Edge Investment Partners Inc. increased its stake in shares of Microsoft by 5.1% in the 4th quarter. Hudson Edge Investment Partners Inc. now owns 533 shares of the software giant's stock valued at $225,000 after buying an additional 26 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the transaction, the executive vice president owned 39,111 shares of the company's stock, valued at $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the transaction, the executive vice president directly owned 134,888 shares in the company, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,350 shares of company stock worth $14,162,567. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

MSFT opened at $517.10 on Tuesday. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The firm has a market capitalization of $3.84 trillion, a PE ratio of 37.91, a PEG ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The business's 50-day simple moving average is $503.49 and its 200 day simple moving average is $441.90.

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

Microsoft Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Cantor Fitzgerald lifted their price objective on Microsoft from $581.00 to $639.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. TD Cowen lifted their price objective on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Loop Capital boosted their target price on Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Barclays boosted their target price on Microsoft from $550.00 to $625.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $612.54.

Microsoft Company 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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