Titleist Asset Management LLC Has $4.90 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Titleist Asset Management LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 19.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,615 shares of the software giant's stock after purchasing an additional 1,930 shares during the period. Titleist Asset Management LLC's holdings in Microsoft were worth $4,896,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MSFT. WFA Asset Management Corp raised its holdings 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. increased its position in shares of Microsoft by 0.3% in the second 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 during the period. Discipline Wealth Solutions LLC raised its stake in Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after purchasing an additional 2,138 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in Microsoft in the third quarter valued at about $466,000. Finally, Clarity Asset Management Inc. lifted its position in Microsoft by 10.0% during the third quarter. Clarity Asset Management Inc. now owns 1,052 shares of the software giant's stock worth $453,000 after purchasing an additional 96 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent analyst reports. Wedbush reissued an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. Citigroup boosted their price objective on shares of Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a research report on Wednesday. BMO Capital Markets restated an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Finally, Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. According to MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $513.89.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of the stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the transaction, the executive vice president now directly owns 98,010 shares in the company, 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 three months, insiders sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by corporate insiders.

Microsoft Trading Up 1.3%

Shares of NASDAQ MSFT traded up $6.25 during midday trading on Thursday, reaching $478.87. The stock had a trading volume of 18,905,074 shares, compared to its average volume of 21,507,291. The company's 50 day moving average price is $423.22 and its 200 day moving average price is $417.84. 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 twelve month low of $344.79 and a twelve month high of $480.37. The firm has a market cap of $3.56 trillion, a price-to-earnings ratio of 38.56, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter in the previous year, the business earned $2.94 earnings per share. Microsoft's revenue for the quarter was up 13.3% on a year-over-year basis. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 annualized dividend and a yield of 0.69%. Microsoft's dividend payout ratio is currently 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.