Microsoft Co. (NASDAQ:MSFT) is Bulltick Wealth Management LLC's 5th Largest Position

Bulltick Wealth Management LLC raised its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,630 shares of the software giant's stock after acquiring an additional 1,434 shares during the quarter. Microsoft makes up about 3.1% of Bulltick Wealth Management LLC's holdings, making the stock its 5th biggest holding. Bulltick Wealth Management LLC's holdings in Microsoft were worth $13,332,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. C Partners Holding GmbH lifted its stake in Microsoft by 207.2% in the fourth quarter. C Partners Holding GmbH now owns 107,892 shares of the software giant's stock worth $45,476,000 after acquiring an additional 72,769 shares during the last quarter. Cantor Fitzgerald L. P. acquired a new position in shares of Microsoft in the 4th quarter valued at $17,001,000. Captrust Financial Advisors boosted its holdings in shares of Microsoft by 4.6% in the 4th quarter. Captrust Financial Advisors now owns 2,123,871 shares of the software giant's stock valued at $895,211,000 after buying an additional 92,940 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in shares of Microsoft in the 4th quarter valued at $79,401,000. Finally, Castlekeep Investment Advisors LLC acquired a new position in shares of Microsoft in the 4th quarter valued at $690,396,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 0.9%

Shares of Microsoft stock opened at $479.14 on Tuesday. The company has a market cap of $3.56 trillion, a P/E ratio of 38.58, a PEG ratio of 2.21 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a one year low of $344.79 and a one year high of $480.69. The firm has a fifty day moving average of $430.54 and a two-hundred day moving average of $418.94.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. Microsoft's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.94 EPS. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.69%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 3,000 shares of the company's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the transaction, the executive vice president now directly owns 43,930 shares of the company's stock, valued at $20,339,590. This represents a 6.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bradford L. Smith sold 75,000 shares of the company's 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 transaction, the insider now directly owns 476,999 shares in the company, valued at approximately $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 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 currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Piper Sandler restated an "overweight" rating on shares of Microsoft in a report on Wednesday, May 21st. Barclays upped their target price on shares of Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Tigress Financial upped their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a report on Thursday, March 20th. Guggenheim restated a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. Finally, JPMorgan Chase & Co. upped their target price on shares of Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. According to data from MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average price target of $515.68.

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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