Generation Capital Management LLC Purchases Shares of 8,891 Microsoft Co. (NASDAQ:MSFT)

Generation Capital Management LLC purchased a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,891 shares of the software giant's stock, valued at approximately $3,748,000. Microsoft accounts for about 3.2% of Generation Capital Management LLC's portfolio, making the stock its 9th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Holcombe Financial Inc. bought a new stake in shares of Microsoft in the fourth quarter worth about $259,000. Goodman Advisory Group LLC increased its holdings in shares of Microsoft by 5.7% in the fourth quarter. Goodman Advisory Group LLC now owns 30,395 shares of the software giant's stock worth $12,812,000 after purchasing an additional 1,635 shares during the last quarter. Capital International Ltd. CA increased its holdings in shares of Microsoft by 1.6% in the fourth quarter. Capital International Ltd. CA now owns 307,156 shares of the software giant's stock worth $129,466,000 after purchasing an additional 4,818 shares during the last quarter. Cramer Rosenthal Mcglynn LLC increased its holdings in shares of Microsoft by 23.2% in the fourth quarter. Cramer Rosenthal Mcglynn LLC now owns 22,317 shares of the software giant's stock worth $9,407,000 after purchasing an additional 4,204 shares during the last quarter. Finally, Cadence Bank increased its holdings in shares of Microsoft by 5.1% in the fourth quarter. Cadence Bank now owns 135,200 shares of the software giant's stock worth $56,987,000 after purchasing an additional 6,584 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction on 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 sale, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of the 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 now owns 43,930 shares of the company's stock, valued at approximately $20,339,590. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 over the last 90 days. Company insiders own 0.03% of the company's stock.

Microsoft Stock Down 0.8%

Microsoft stock opened at $474.96 on Friday. The business has a fifty day moving average of $428.05 and a two-hundred day moving average of $418.65. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.53 trillion, a P/E ratio of 38.24, a P/E/G ratio of 2.21 and a beta of 1.03. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $480.42.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion during 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.94 earnings per share. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders 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 yield of 0.70%. Microsoft's dividend payout ratio is currently 25.66%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MSFT. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Morgan Stanley reissued an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. Stifel Nicolaus boosted their price objective on Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Cantor Fitzgerald boosted their price objective on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, The Goldman Sachs Group boosted their price objective on Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Five investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $515.68.

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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