Delos Wealth Advisors LLC Purchases 3,383 Shares of Microsoft Co. (NASDAQ:MSFT)

Delos Wealth Advisors LLC boosted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 32.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,687 shares of the software giant's stock after acquiring an additional 3,383 shares during the quarter. Microsoft accounts for about 4.6% of Delos Wealth Advisors LLC's holdings, making the stock its 4th biggest holding. Delos Wealth Advisors LLC's holdings in Microsoft were worth $5,769,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp raised its holdings in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. raised its holdings in Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC raised its holdings in Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after purchasing an additional 2,138 shares in the last quarter. United Bank raised its holdings in Microsoft by 4.1% during the third quarter. United Bank now owns 18,378 shares of the software giant's stock worth $7,908,000 after purchasing an additional 730 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in Microsoft during the third quarter worth approximately $1,975,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $467.68 on Friday. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $469.65. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm's fifty day moving average price is $415.43 and its 200 day moving average price is $416.31. The firm has a market cap of $3.48 trillion, a price-to-earnings ratio of 37.66, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03.

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

Microsoft Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MSFT shares. TD Securities raised their price objective on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Wells Fargo & Company raised their price objective on shares of Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Benchmark reissued a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. DA Davidson raised their target price on shares of Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Finally, Stifel Nicolaus raised their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $513.13.

Insider Activity at Microsoft

In related news, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, the insider now owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the completion of the transaction, the executive vice president now directly owns 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,743 shares of company stock valued at $60,224,683. 0.03% of the stock is 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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