Financial Partners Group LLC Has $10.78 Million Stake in Microsoft Corporation (NASDAQ:MSFT)

Financial Partners Group LLC lowered its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 28,708 shares of the software giant's stock after selling 1,180 shares during the period. Microsoft makes up 4.7% of Financial Partners Group LLC's investment portfolio, making the stock its 4th biggest holding. Financial Partners Group LLC's holdings in Microsoft were worth $10,777,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Fosun International Ltd raised its position in Microsoft by 0.3% in the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after purchasing an additional 23 shares in the last quarter. Muirfield Wealth Advisors LLC grew its stake in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares during the last quarter. Retirement Financial Solutions LLC grew its stake in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after buying an additional 24 shares during the last quarter. Kuhn & Co Investment Counsel grew its stake in Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares during the last quarter. Finally, Alliance Wealth Management Group grew its stake in Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Up 0.6%

Shares of NASDAQ:MSFT traded up $2.83 during midday trading on Friday, reaching $513.71. 19,103,456 shares of the company were exchanged, compared to its average volume of 16,594,816. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $518.29. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $483.52 and a two-hundred day simple moving average of $431.52. The firm has a market cap of $3.82 trillion, a PE ratio of 39.70, a P/E/G ratio of 2.33 and a beta of 1.04.

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

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.65%. Microsoft's payout ratio is 25.66%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of Microsoft stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the sale, the executive vice president directly owned 43,930 shares in the company, valued at approximately $20,339,590. The trade was a 6.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president owned 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% 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 valued at $60,224,683 over the last quarter. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on MSFT. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $525.00 price objective on shares of Microsoft in a research note on Friday, May 23rd. Wedbush reaffirmed an "outperform" rating and set a $600.00 price objective on shares of Microsoft in a research note on Friday. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. Scotiabank increased their price target on shares of Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a research note on Thursday, May 1st. Finally, Oppenheimer raised shares of Microsoft from a "market perform" rating to an "outperform" rating and set a $600.00 price target on the stock in a research note on Wednesday, July 9th. Four equities research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $551.21.

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.