1,085 Shares in Microsoft Corporation (NASDAQ:MSFT) Acquired by Financial Advisory Corp

Financial Advisory Corp bought a new position in Microsoft Corporation (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,085 shares of the software giant's stock, valued at approximately $457,000. Microsoft accounts for about 0.1% of Financial Advisory Corp's holdings, making the stock its 26th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of MSFT. Discipline Wealth Solutions LLC boosted its stake in Microsoft by 1.6% during the fourth quarter. Discipline Wealth Solutions LLC now owns 2,701 shares of the software giant's stock valued at $1,138,000 after buying an additional 42 shares during the last quarter. Windmill Hill Asset Management Ltd raised its holdings in shares of Microsoft by 17.4% during the 4th quarter. Windmill Hill Asset Management Ltd now owns 9,994 shares of the software giant's stock worth $4,212,000 after acquiring an additional 1,478 shares in the last quarter. LM Advisors LLC boosted its position in shares of Microsoft by 0.6% during the 4th quarter. LM Advisors LLC now owns 36,704 shares of the software giant's stock valued at $15,471,000 after acquiring an additional 217 shares during the last quarter. Lakeshore Capital Group Inc. purchased a new position in shares of Microsoft in the fourth quarter valued at $1,629,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Microsoft in the 4th quarter worth $5,626,000. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

MSFT traded up $4.11 during trading on Tuesday, hitting $490.11. The company's stock had a trading volume of 22,297,193 shares, compared to its average volume of 21,532,137. The firm has a market capitalization of $3.64 trillion, a price-to-earnings ratio of 37.88, a P/E/G ratio of 2.42 and a beta of 1.03. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $491.80. The business's fifty day simple moving average is $439.81 and its 200 day simple moving average is $420.58. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The firm had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.94 EPS. On average, equities research analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.68%. Microsoft's dividend payout ratio is currently 25.66%.

Analysts Set New Price Targets

MSFT has been the subject of a number of analyst reports. Wedbush reaffirmed an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. Tigress Financial raised their target price on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Barclays lifted their price objective on Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research report on Sunday. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. Four analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. Based on data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus price target of $515.68.

Insider Buying and Selling

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president now owns 43,930 shares in the company, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the firm's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the transaction, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 in the last 90 days. Insiders own 0.03% of the company's stock.

About Microsoft

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.