Kilter Group LLC Makes New Investment in Microsoft Corporation (NASDAQ:MSFT)

Kilter Group LLC acquired a new stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 1,608 shares of the software giant's stock, valued at approximately $678,000. Microsoft makes up about 0.4% of Kilter Group LLC's holdings, making the stock its 26th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of MSFT. Ball & Co Wealth Management Inc. bought a new stake in Microsoft in the 4th quarter valued at $31,000. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft during the fourth quarter valued at about $38,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares during the last quarter. LSV Asset Management purchased a new stake in shares of Microsoft in the fourth quarter worth about $44,000. Finally, Fairway Wealth LLC bought a new position in Microsoft during the fourth quarter valued at approximately $62,000. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of Microsoft stock opened at $477.40 on Friday. 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's fifty day moving average is $437.84 and its two-hundred day moving average is $420.40. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $483.46. The company has a market capitalization of $3.55 trillion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 2.43 and a beta of 1.03.

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

Microsoft Announces Dividend

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 paid a $0.83 dividend. 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%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several research analyst reports. Cantor Fitzgerald raised their price target on Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Scotiabank raised their target price on shares of Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a report on Thursday, May 1st. Piper Sandler restated an "overweight" rating on shares of Microsoft in a research report on Wednesday, May 21st. TD Securities upped their price target on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Finally, Raymond James Financial increased their price objective on shares of Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $515.68.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction that occurred on 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 $204,038,664.12. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president now owns 43,930 shares in the company, valued at $20,339,590. The trade was a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,743 shares of company stock valued at $60,224,683. 0.03% of the stock is currently owned by company insiders.

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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