HMV Wealth Advisors LLC bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 4,599 shares of the software giant's stock, valued at approximately $1,938,000. Microsoft comprises about 1.9% of HMV Wealth Advisors LLC's investment portfolio, making the stock its 18th largest holding.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Adamsbrown Wealth Consultants LLC lifted its holdings in shares of Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after purchasing an additional 130 shares during the last quarter. Mcdaniel Terry & Co. increased its position in Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after buying an additional 18,052 shares during the period. Centric Wealth Management lifted its stake in Microsoft by 0.7% in the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after buying an additional 112 shares during the last quarter. 1900 Wealth Management LLC boosted its holdings in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after acquiring an additional 294 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after acquiring an additional 217,509 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related 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 completion of the sale, the insider now directly owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the transaction, the executive vice president now directly owns 98,010 shares in the company, valued at approximately $44,906,221.80. This trade represents a 14.03% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 131,743 shares of company stock valued at $58,375,673. Company insiders own 0.03% of the company's stock.
Analyst Ratings Changes
Several analysts recently weighed in on MSFT shares. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a report on Thursday, March 20th. Benchmark reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Wall Street Zen upgraded Microsoft from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, Wells Fargo & Company boosted their price target on Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $513.13.
View Our Latest Report on MSFT
Microsoft Trading Down 1.0%
Shares of Microsoft stock traded down $4.68 on Friday, reaching $450.18. 16,874,720 shares of the company were exchanged, compared to its average volume of 21,587,887. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The firm has a market capitalization of $3.35 trillion, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average price of $402.37 and a 200-day moving average price of $413.85.
Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. During the same period in the prior year, the firm earned $2.94 earnings per share. The business's quarterly revenue was up 13.3% on a year-over-year basis. On average, analysts expect that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is 25.66%.
Microsoft Company Profile
(
Free Report)
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.
See Also
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
