Microsoft Corporation (NASDAQ:MSFT) Shares Acquired by LifeWealth Investments LLC

LifeWealth Investments LLC raised its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 36.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,082 shares of the software giant's stock after acquiring an additional 2,404 shares during the quarter. Microsoft makes up 1.4% of LifeWealth Investments LLC's investment portfolio, making the stock its 20th biggest holding. LifeWealth Investments LLC's holdings in Microsoft were worth $3,409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. WFA Asset Management Corp boosted its position in shares of Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. boosted its position in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after purchasing an additional 38 shares during the period. Discipline Wealth Solutions LLC raised its stake in Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after acquiring an additional 2,138 shares during the last quarter. Wealth Group Ltd. raised its stake in Microsoft by 1.2% during the 4th quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock valued at $1,000,000 after acquiring an additional 28 shares during the last quarter. Finally, Tallon Kerry Patrick purchased a new stake in Microsoft during the 4th quarter valued at approximately $1,375,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

NASDAQ MSFT traded down $1.21 during mid-day trading on Monday, hitting $512.50. The stock had a trading volume of 14,290,681 shares, compared to its average volume of 15,824,139. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $518.29. The company has a market cap of $3.81 trillion, a price-to-earnings ratio of 39.61, a P/E/G ratio of 2.33 and a beta of 1.04. The company has a 50 day simple moving average of $484.59 and a 200 day simple moving average of $432.22. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12.

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

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's payout ratio is 25.66%.

Analyst Upgrades and Downgrades

MSFT has been the subject of several analyst reports. Oppenheimer raised Microsoft from a "market perform" rating to an "outperform" rating and set a $600.00 price objective for the company in a research note on Wednesday, July 9th. Barclays upped their price objective on Microsoft from $494.00 to $550.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Wedbush reaffirmed an "outperform" rating and set a $600.00 price objective on shares of Microsoft in a research note on Friday. Finally, DA Davidson upped their price objective on Microsoft from $500.00 to $600.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Four investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $555.86.

Insider Activity at Microsoft

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of the firm's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the completion of the transaction, the executive vice president owned 98,010 shares of the company's stock, valued at approximately $44,906,221.80. This trade represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the transaction, the executive vice president directly owned 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 disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock valued at $60,224,683 in the last ninety days. 0.03% of the stock is owned by insiders.

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.