One Charles Private Wealth Services LLC Has $2.66 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

One Charles Private Wealth Services LLC raised its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 9.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 6,306 shares of the software giant's stock after acquiring an additional 569 shares during the period. Microsoft comprises 0.9% of One Charles Private Wealth Services LLC's portfolio, making the stock its 19th biggest position. One Charles Private Wealth Services LLC's holdings in Microsoft were worth $2,658,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of MSFT. WFA Asset Management Corp lifted its stake in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. raised its stake in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC raised its stake in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after purchasing an additional 2,138 shares in the last quarter. Swedbank AB raised its stake in shares of Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after purchasing an additional 49,288 shares in the last quarter. Finally, United Bank raised its stake in shares of Microsoft by 4.1% during the 3rd quarter. United Bank now owns 18,378 shares of the software giant's stock worth $7,908,000 after purchasing an additional 730 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,500 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the completion of the sale, the executive vice president now owns 134,888 shares of the company's stock, valued at $61,208,127.76. This trade represents a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the firm'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 value of $5,985,968.43. Following the sale, the executive vice president now directly owns 43,100 shares of the company's stock, valued at $19,481,631. This represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Insiders sold 131,743 shares of company stock worth $58,375,673 over the last ninety days. 0.03% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MSFT. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. Citigroup boosted their target price on Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a report on Thursday, May 15th. Wells Fargo & Company boosted their target price on Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Finally, Guggenheim reissued a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $513.13.

Microsoft Trading Up 0.0%

Microsoft stock traded up $0.09 during trading hours on Friday, hitting $458.77. The stock had a trading volume of 34,758,620 shares, compared to its average volume of 21,504,528. 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 stock has a market cap of $3.41 trillion, a price-to-earnings ratio of 36.94, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The business's 50 day simple moving average is $409.00 and its 200-day simple moving average is $415.11.

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

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.72%. Microsoft's dividend payout ratio (DPR) is 25.66%.

Microsoft 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.