Mirador Capital Partners LP Has $12.35 Million Position in Microsoft Corporation (NASDAQ:MSFT)

Mirador Capital Partners LP boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,899 shares of the software giant's stock after buying an additional 1,385 shares during the period. Microsoft makes up about 2.2% of Mirador Capital Partners LP's portfolio, making the stock its 12th largest position. Mirador Capital Partners LP's holdings in Microsoft were worth $12,350,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Microsoft by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after buying an additional 10,431,988 shares during the period. Geode Capital Management LLC increased its stake in shares of Microsoft by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant's stock worth $70,720,874,000 after purchasing an additional 3,103,212 shares in the last quarter. Norges Bank bought a new position in shares of Microsoft in the fourth quarter valued at approximately $44,343,058,000. Northern Trust Corp boosted its position in shares of Microsoft by 16.1% in the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after acquiring an additional 11,600,470 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Microsoft by 9.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant's stock valued at $25,273,704,000 after acquiring an additional 5,370,546 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of recent analyst reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Scotiabank raised their target price on shares of Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a report on Thursday, May 1st. Wedbush raised their target price on shares of Microsoft from $515.00 to $600.00 and gave the stock an "outperform" rating in a report on Wednesday. Morgan Stanley reiterated an "overweight" rating and issued a $530.00 price target (up previously from $482.00) on shares of Microsoft in a report on Thursday. Finally, Cantor Fitzgerald boosted their target price on shares of Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $521.14.

Microsoft Stock Performance

NASDAQ MSFT opened at $495.94 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The business has a 50 day moving average price of $449.47 and a 200 day moving average price of $422.12. The company has a market capitalization of $3.69 trillion, a P/E ratio of 38.33, a PEG ratio of 2.52 and a beta of 1.03. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $499.30.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping 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 business had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same quarter last year, the firm earned $2.94 earnings per share. The business's revenue was up 13.3% on a year-over-year basis. Sell-side analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is presently 25.66%.

Insiders Place Their Bets

In related news, EVP Amy Coleman sold 13,243 shares of the business's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares of the company's stock, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the sale, the executive vice president now directly owns 43,930 shares of the company's stock, valued at approximately $20,339,590. This represents a 6.39% 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 worth $60,224,683 over the last quarter. 0.03% of the stock is owned by corporate 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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