Outlook Wealth Advisors LLC Has $3.50 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Outlook Wealth Advisors LLC boosted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 10.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,311 shares of the software giant's stock after buying an additional 907 shares during the quarter. Microsoft makes up 1.0% of Outlook Wealth Advisors LLC's holdings, making the stock its 21st biggest holding. Outlook Wealth Advisors LLC's holdings in Microsoft were worth $3,495,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Fosun International Ltd grew its holdings in Microsoft by 0.3% during the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after buying an additional 23 shares in the last quarter. Muirfield Wealth Advisors LLC grew its holdings in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC boosted its position in Microsoft by 2.3% in the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after purchasing an additional 24 shares during the last quarter. Sterling Group Wealth Management LLC boosted its position in Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after purchasing an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel boosted its position in Microsoft by 0.8% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $496.62 on Wednesday. The firm has a market capitalization of $3.69 trillion, a P/E ratio of 38.38, a P/E/G ratio of 2.25 and a beta of 1.04. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The stock's 50-day simple moving average is $465.60 and its two-hundred day simple moving average is $424.41. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $500.76.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.94 EPS. As a group, equities analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have weighed in on MSFT. Morgan Stanley reissued an "overweight" rating and issued a $530.00 price objective (up previously from $482.00) on shares of Microsoft in a research report on Thursday, June 26th. Cantor Fitzgerald boosted their price objective on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Evercore ISI set a $515.00 price objective on Microsoft and gave the stock an "outperform" rating in a research report on Wednesday, May 21st. Barclays boosted their price objective on Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Stifel Nicolaus upped their price target on Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $524.71.

Insider Activity

In other news, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the transaction, the executive vice president directly owned 43,930 shares in the company, valued at approximately $20,339,590. This represents a 6.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the transaction, the executive vice president owned 134,888 shares in the company, valued at $61,208,127.76. This trade represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is currently owned by insiders.

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.

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