TFR Capital LLC. Acquires New Position in Microsoft Corporation (NASDAQ:MSFT)

TFR Capital LLC. bought a new position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 29,639 shares of the software giant's stock, valued at approximately $12,493,000. Microsoft comprises approximately 6.2% of TFR Capital LLC.'s investment portfolio, making the stock its largest position.

A number of other large investors have also recently modified their holdings of the business. Ball & Co Wealth Management Inc. bought a new position in Microsoft in the 4th quarter valued at approximately $31,000. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the fourth quarter worth $38,000. IFS Advisors LLC grew its stake in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the last quarter. LSV Asset Management acquired a new position in shares of Microsoft during the fourth quarter worth $44,000. Finally, Fairway Wealth LLC bought a new position in shares of Microsoft in the 4th quarter valued at $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Price Performance

Microsoft stock opened at $477.40 on Friday. The stock has a market capitalization of $3.55 trillion, a price-to-earnings ratio of 36.89, a PEG ratio of 2.43 and a beta of 1.03. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $483.46. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The stock's 50 day moving average price is $437.84 and its two-hundred day moving average price is $420.40.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share 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 net margin of 35.79% and a return on equity of 32.74%. The business's revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.94 earnings per share. On average, equities analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.70%. Microsoft's payout ratio is currently 25.66%.

Insider Buying and Selling at Microsoft

In related news, EVP Takeshi Numoto sold 1,000 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $460.01, for a total value of $460,010.00. Following the transaction, the executive vice president now directly owns 47,058 shares in the company, valued at $21,647,150.58. This trade represents a 2.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president now owns 98,010 shares of the company's stock, valued at $44,906,221.80. This trade represents a 14.03% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 135,743 shares of company stock valued at $60,224,683. Company insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of research reports. Wall Street Zen upgraded Microsoft from a "hold" rating to a "buy" rating in a research report on Sunday. The Goldman Sachs Group boosted their price target on Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. BMO Capital Markets reaffirmed an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Mizuho lifted their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Finally, UBS Group decreased their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $515.68.

About Microsoft

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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