Shilanski & Associates Inc. Has $5.91 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Shilanski & Associates Inc. raised its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,730 shares of the software giant's stock after acquiring an additional 1,020 shares during the quarter. Microsoft comprises approximately 1.8% of Shilanski & Associates Inc.'s investment portfolio, making the stock its 15th biggest holding. Shilanski & Associates Inc.'s holdings in Microsoft were worth $5,905,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSFT. Vanguard Group Inc. grew its position in shares of Microsoft by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock worth $288,336,224,000 after buying an additional 10,431,988 shares during the period. Geode Capital Management LLC grew its position in shares of Microsoft by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant's stock worth $70,720,874,000 after buying an additional 3,103,212 shares during the period. Norges Bank acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $44,343,058,000. Northern Trust Corp grew its position in shares of Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after buying an additional 11,600,470 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Microsoft by 9.8% during the 4th 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 worth $25,273,704,000 after buying an additional 5,370,546 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Trading Up 1.4%

Shares of Microsoft stock opened at $529.24 on Wednesday. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The stock has a market cap of $3.93 trillion, a P/E ratio of 38.80, a P/E/G ratio of 2.28 and a beta of 1.06. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The business's 50 day moving average is $499.37 and its 200-day moving average is $439.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The company had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. During the same quarter in the prior year, the business posted $2.95 EPS. The business's revenue was up 18.1% compared to the same quarter last year. Equities research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft's dividend payout ratio is currently 24.34%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Raymond James Financial increased their target price on Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research note on Monday, July 28th. Wells Fargo & Company reissued an "overweight" rating and issued a $650.00 target price (up previously from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. Sanford C. Bernstein increased their price target on shares of Microsoft from $540.00 to $637.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Loop Capital lifted their price objective on shares of Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Two investment 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, the stock currently has an average rating of "Moderate Buy" and an average target price of $609.86.

Insider Buying and Selling

In other news, EVP Amy Coleman sold 13,243 shares of the company'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 sale, the executive vice president owned 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Takeshi Numoto sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the sale, the executive vice president owned 43,930 shares in the company, valued at approximately $20,339,590. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 54,743 shares of company stock worth $24,921,913. 0.03% of the stock is currently owned by company 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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