GM Advisory Group LLC Buys 3,552 Shares of Microsoft Co. (NASDAQ:MSFT)

GM Advisory Group LLC boosted its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,008 shares of the software giant's stock after buying an additional 3,552 shares during the quarter. Microsoft makes up approximately 1.3% of GM Advisory Group LLC's holdings, making the stock its 20th largest holding. GM Advisory Group LLC's holdings in Microsoft were worth $24,029,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MSFT. Muirfield Wealth Advisors LLC raised its stake in shares of 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 raised its position in shares of Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after acquiring an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC lifted its stake in shares of Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after purchasing an additional 25 shares during the period. Sterling Group Wealth Management LLC boosted its position in shares of Microsoft by 0.5% in the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after purchasing an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel grew its stake in shares of 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 purchasing an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Up 0.1%

Shares of MSFT stock traded up $0.58 during mid-day trading on Friday, reaching $459.26. 1,957,818 shares of the company's stock traded hands, compared to its average volume of 21,508,213. The company's 50-day moving average price is $407.73 and its 200-day moving average price is $414.89. The company has a market cap of $3.41 trillion, a P/E ratio of 36.95, a P/E/G ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the prior year, the business posted $2.94 EPS. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. On average, equities analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm 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 $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 25.66%.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the 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 completion of the transaction, the executive vice president now owns 134,888 shares in the company, valued at $61,208,127.76. This trade represents a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 131,743 shares of company stock worth $58,375,673 over the last quarter. 0.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MSFT. Wells Fargo & Company increased their price target on shares of Microsoft from $500.00 to $515.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. DA Davidson upped their price objective on shares of Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Evercore ISI set a $515.00 target price on Microsoft and gave the company an "outperform" rating in a research note on Wednesday, May 21st. Four research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target 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.