Members Wealth LLC Makes New $3.21 Million Investment in Microsoft Corporation (NASDAQ:MSFT)

Members Wealth LLC acquired a new stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,842 shares of the software giant's stock, valued at approximately $3,208,000. Microsoft makes up 2.4% of Members Wealth LLC's investment portfolio, making the stock its 9th biggest position.

Several other institutional investors have also modified their holdings of MSFT. Muirfield Wealth Advisors LLC increased its position in 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 purchasing an additional 24 shares during the last quarter. Retirement Financial Solutions LLC grew its stake 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 buying an additional 24 shares during the period. Sterling Group Wealth Management LLC grew its stake in shares of Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after buying an additional 25 shares during the period. Kuhn & Co Investment Counsel increased its holdings in shares of Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares during the last quarter. Finally, Alliance Wealth Management Group raised its position in shares of Microsoft by 0.4% in the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after buying an additional 25 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

MSFT opened at $477.40 on Monday. The company has a market capitalization of $3.55 trillion, a P/E ratio of 36.89, a PEG ratio of 2.42 and a beta of 1.03. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $483.46. The company has a 50-day moving average of $437.84 and a 200-day moving average of $420.28. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37.

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

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 dividend yield of 0.70%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is currently 25.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MSFT shares. Cantor Fitzgerald upped their price target on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Mizuho lifted their price objective on Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Needham & Company LLC reissued a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. The Goldman Sachs Group raised their price target on shares of Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Finally, Bank of America decreased their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Four equities research analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $515.68.

Insider Buying and Selling

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of the business's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at $207,995,413.95. This trade represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 over the last ninety days. 0.03% of the stock is owned by 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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