Unique Wealth LLC Increases Position in Microsoft Corporation (NASDAQ:MSFT)

Unique Wealth LLC increased its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 20.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,588 shares of the software giant's stock after purchasing an additional 2,697 shares during the quarter. Microsoft makes up 1.1% of Unique Wealth LLC's holdings, making the stock its 21st largest position. Unique Wealth LLC's holdings in Microsoft were worth $5,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. Next Level Private LLC grew its holdings in Microsoft by 0.7% in the first quarter. Next Level Private LLC now owns 12,949 shares of the software giant's stock worth $4,861,000 after purchasing an additional 91 shares during the last quarter. Safir Wealth Advisors LLC lifted its holdings in shares of Microsoft by 47.9% during the 1st quarter. Safir Wealth Advisors LLC now owns 1,006 shares of the software giant's stock valued at $378,000 after purchasing an additional 326 shares during the last quarter. Kapstone Financial Advisors LLC boosted its position in shares of Microsoft by 1.5% in the 1st quarter. Kapstone Financial Advisors LLC now owns 9,899 shares of the software giant's stock worth $3,716,000 after purchasing an additional 145 shares in the last quarter. Stablepoint Partners LLC grew its stake in Microsoft by 0.3% during the 1st quarter. Stablepoint Partners LLC now owns 22,786 shares of the software giant's stock worth $8,554,000 after buying an additional 57 shares during the last quarter. Finally, Consilio Wealth Advisors LLC increased its position in Microsoft by 1.2% during the 1st quarter. Consilio Wealth Advisors LLC now owns 50,770 shares of the software giant's stock valued at $19,062,000 after buying an additional 580 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. Evercore ISI set a $515.00 target price on shares of Microsoft and gave the stock an "outperform" rating in a research report on Wednesday, May 21st. Jefferies Financial Group upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Royal Bank Of Canada reiterated an "outperform" rating and set a $525.00 price objective on shares of Microsoft in a research note on Friday, May 23rd. Finally, Westpark Capital reissued a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $524.71.

Insider Activity at Microsoft

In related news, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 98,010 shares in the company, valued at approximately $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the completion of the sale, the executive vice president owned 43,930 shares of the company's stock, valued at $20,339,590. This trade represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,743 shares of company stock worth $60,224,683 in the last quarter. Corporate insiders own 0.03% of the company's stock.

Microsoft Stock Up 1.5%

Shares of MSFT opened at $498.25 on Friday. The firm has a market cap of $3.70 trillion, a P/E ratio of 38.50, a PEG ratio of 2.26 and a beta of 1.04. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $500.76. The stock's 50 day moving average is $461.41 and its two-hundred day moving average is $423.67. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.94 earnings per share. Analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.67%. 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.

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