Geo Capital Gestora de Recursos Ltd Purchases 1,134 Shares of Microsoft Co. (NASDAQ:MSFT)

Geo Capital Gestora de Recursos Ltd grew its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,099 shares of the software giant's stock after buying an additional 1,134 shares during the quarter. Microsoft makes up about 6.6% of Geo Capital Gestora de Recursos Ltd's investment portfolio, making the stock its 6th largest holding. Geo Capital Gestora de Recursos Ltd's holdings in Microsoft were worth $5,100,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the 4th quarter valued at approximately $38,000. IFS Advisors LLC raised its stake in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management raised its stake in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Fairway Wealth LLC bought a new position in shares of Microsoft in the 4th quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC bought a new position in shares of Microsoft in the 4th quarter valued at approximately $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

NASDAQ:MSFT traded up $0.09 during trading hours on Friday, reaching $458.77. The company had a trading volume of 34,758,620 shares, compared to its average volume of 21,504,528. The stock has a 50-day moving average of $409.00 and a two-hundred day moving average of $415.04. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The firm has a market capitalization of $3.41 trillion, a PE ratio of 36.94, a PEG ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The firm had revenue of $70.07 billion for 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 revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.94 earnings per share. Analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 0.72%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is currently 25.66%.

Insiders Place Their Bets

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction on Monday, May 19th. The stock was 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 owns 98,010 shares of the company's stock, valued at approximately $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction 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 completion of the transaction, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,743 shares of company stock valued at $58,375,673. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several recent analyst reports. Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Wells Fargo & Company lifted 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. JPMorgan Chase & Co. lifted their price target on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Stifel Nicolaus lifted their price target on Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $513.13.

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.