Investidor Profissional Gestao de Recursos Ltda. Grows Stock Position in Microsoft Co. (NASDAQ:MSFT)

Investidor Profissional Gestao de Recursos Ltda. raised its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 59.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,421 shares of the software giant's stock after acquiring an additional 5,764 shares during the quarter. Microsoft makes up about 3.8% of Investidor Profissional Gestao de Recursos Ltda.'s portfolio, making the stock its 7th biggest position. Investidor Profissional Gestao de Recursos Ltda.'s holdings in Microsoft were worth $6,500,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of MSFT. Adamsbrown Wealth Consultants LLC increased its stake in Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after buying an additional 130 shares in the last quarter. Mcdaniel Terry & Co. lifted its stake in Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after purchasing an additional 18,052 shares in the last quarter. 1900 Wealth Management LLC increased its position in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after acquiring an additional 294 shares during the period. Strategic Financial Services Inc. increased its position in shares of Microsoft by 7.8% during the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after acquiring an additional 1,268 shares during the period. Finally, Elevate Wealth Advisory Inc. increased its holdings in Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after buying an additional 1,043 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MSFT shares. Cantor Fitzgerald increased their target price on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Royal Bank of Canada restated an "outperform" rating and issued a $525.00 price objective on shares of Microsoft in a research report on Friday, May 23rd. Barclays lifted their price target on shares of Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Tigress Financial raised their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. Four investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $513.89.

Microsoft Stock Up 1.3%

Shares of MSFT stock traded up $6.25 on Thursday, hitting $478.87. The stock had a trading volume of 18,905,074 shares, compared to its average volume of 21,503,895. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $423.22 and a 200 day moving average price of $417.84. The company has a market cap of $3.56 trillion, a PE ratio of 38.56, a P/E/G ratio of 2.21 and a beta of 1.03. Microsoft Co. has a one year low of $344.79 and a one year high of $480.37.

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

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.69%. Microsoft's payout ratio is currently 25.66%.

Insider Buying and Selling at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The stock was 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 through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction that occurred 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 transaction, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 135,743 shares of company stock worth $60,224,683. Corporate insiders own 0.03% of the company's stock.

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.