PKS Advisory Services LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

PKS Advisory Services LLC bought a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,049 shares of the software giant's stock, valued at approximately $3,393,000. Microsoft accounts for approximately 0.9% of PKS Advisory Services LLC's investment portfolio, making the stock its 22nd biggest holding.

Several other large investors have also added to or reduced their stakes in MSFT. Adamsbrown Wealth Consultants LLC increased its stake in Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after purchasing an additional 130 shares during the period. Mcdaniel Terry & Co. increased its stake in Microsoft by 6.1% in the 4th 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 during the period. Centric Wealth Management increased its stake in Microsoft by 0.7% in the 3rd quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock worth $6,789,000 after purchasing an additional 112 shares during the period. 1900 Wealth Management LLC increased its stake in Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after purchasing an additional 294 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Microsoft by 2.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after purchasing an additional 217,509 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Activity at Microsoft

In related news, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction dated 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 completion of the sale, the insider now 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Takeshi Numoto sold 1,000 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total value of $460,010.00. Following the sale, the executive vice president now owns 47,058 shares of the company's stock, valued at $21,647,150.58. This represents a 2.08% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 132,743 shares of company stock worth $58,835,683. 0.03% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. TD Securities lifted their price target on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Needham & Company LLC reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, Raymond James lifted their price objective on Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have given 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 $513.13.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded up $0.98 during midday trading on Tuesday, reaching $462.95. 7,888,285 shares of the company's stock traded hands, compared to its average volume of 21,432,333. The company has a market cap of $3.44 trillion, a price-to-earnings ratio of 37.27, a P/E/G ratio of 2.21 and a beta of 0.99. 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 $468.35. The stock has a 50 day moving average of $410.44 and a 200 day moving average of $415.29.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The firm had revenue of $70.07 billion for 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 company's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.94 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

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