Microsoft Co. (NASDAQ:MSFT) Stock Holdings Raised by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. lifted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 147,421 shares of the software giant's stock after acquiring an additional 3,451 shares during the period. Microsoft makes up approximately 3.9% of Meeder Advisory Services Inc.'s portfolio, making the stock its 6th biggest position. Meeder Advisory Services Inc.'s holdings in Microsoft were worth $62,138,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MSFT. Allie Family Office LLC increased its position in Microsoft by 16.2% in the 4th quarter. Allie Family Office LLC now owns 2,661 shares of the software giant's stock valued at $1,119,000 after buying an additional 371 shares in the last quarter. Weitz Investment Management Inc. boosted its position in shares of Microsoft by 12.0% during the fourth quarter. Weitz Investment Management Inc. now owns 45,850 shares of the software giant's stock valued at $19,326,000 after buying an additional 4,900 shares during the last quarter. Potomac Fund Management Inc. ADV purchased a new position in shares of Microsoft during the fourth quarter valued at approximately $2,179,000. Groupama Asset Managment boosted its position in shares of Microsoft by 196.6% during the fourth quarter. Groupama Asset Managment now owns 2,910,288 shares of the software giant's stock valued at $1,226,686,000 after buying an additional 1,929,037 shares during the last quarter. Finally, Alliance Wealth Management Group boosted its position in shares of Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock valued at $2,368,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Transactions at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the company's 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 sale, the executive vice president now directly owns 134,888 shares in the company, valued at $61,208,127.76. This represents a 13.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Bradford L. Smith sold 6,000 shares of the company's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock valued at $60,224,683 over the last 90 days. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT traded up $1.70 during trading hours on Wednesday, hitting $472.62. The stock had a trading volume of 16,371,327 shares, compared to its average volume of 21,517,567. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $475.47. The firm has a market capitalization of $3.51 trillion, a PE ratio of 38.05, a PEG ratio of 2.21 and a beta of 1.03. The stock has a fifty day moving average price of $423.22 and a 200 day moving average price of $417.84.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.94 earnings per share. Analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is 25.66%.

Analysts Set New Price Targets

Several research analysts have weighed in on MSFT shares. Morgan Stanley reissued an "overweight" rating on shares of Microsoft in a research report on Wednesday, June 4th. Needham & Company LLC restated a "buy" rating on shares of Microsoft in a research note on Thursday, May 1st. BMO Capital Markets reiterated an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. UBS Group decreased their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, JPMorgan Chase & Co. upped their price objective on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $513.89.

About Microsoft

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.