Flagship Wealth Advisors LLC Purchases New Position in Microsoft Co. (NASDAQ:MSFT)

Flagship Wealth Advisors LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,030 shares of the software giant's stock, valued at approximately $1,277,000. Microsoft makes up 0.7% of Flagship Wealth Advisors LLC's holdings, making the stock its 24th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in MSFT. Muirfield Wealth Advisors LLC increased its stake in shares of Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC increased its stake in shares of Microsoft by 2.3% in the fourth 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 in the last quarter. Boulder Wealth Advisors LLC increased its stake in shares of Microsoft by 1.0% in the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after buying an additional 25 shares in the last quarter. Sterling Group Wealth Management LLC increased its stake in shares of Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after buying an additional 25 shares in the last quarter. Finally, Kuhn & Co Investment Counsel increased its stake in shares of Microsoft by 0.8% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after buying an additional 25 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Trading Down 1.0%

NASDAQ MSFT opened at $450.18 on Friday. The firm has a market cap of $3.35 trillion, a P/E ratio of 36.25, a P/E/G ratio of 2.21 and a beta of 0.99. 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 stock's 50-day moving average is $402.37 and its 200-day moving average is $413.90. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35.

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

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is presently 25.66%.

Insider Activity at Microsoft

In other Microsoft news, 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 transaction of $9,756,055.00. Following the transaction, the executive vice president now owns 134,888 shares of the company's stock, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares of the company's stock, valued at $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 131,743 shares of company stock valued at $58,375,673. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MSFT shares. Barclays raised their target price on Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. DA Davidson raised their price target on Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. lifted their price objective on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Scotiabank lifted their price objective on Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 1st. Finally, Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and an average target price of $513.13.

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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