Unison Asset Management LLC Has $5.92 Million Stock Position in Microsoft Corporation (NASDAQ:MSFT)

Unison Asset Management LLC decreased its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 24.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,364 shares of the software giant's stock after selling 5,199 shares during the period. Microsoft makes up 3.4% of Unison Asset Management LLC's portfolio, making the stock its 14th largest position. Unison Asset Management LLC's holdings in Microsoft were worth $5,921,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

MSFT has been the topic of several research reports. Barclays boosted their price objective on shares of Microsoft from $550.00 to $625.00 and gave the company an "overweight" rating in a research report on Thursday. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research report on Thursday. Royal Bank Of Canada boosted their price objective on shares of Microsoft from $525.00 to $640.00 and gave the company an "outperform" rating in a research report on Thursday. Mizuho boosted their price objective on shares of Microsoft from $540.00 to $625.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Raymond James Financial boosted their price target on shares of Microsoft from $490.00 to $570.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Two research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $609.86.

Microsoft Stock Performance

Shares of Microsoft stock opened at $524.11 on Monday. The company has a 50 day moving average of $489.94 and a 200-day moving average of $435.01. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The company has a market cap of $3.90 trillion, a PE ratio of 38.42, a price-to-earnings-growth ratio of 2.31 and a beta of 1.06.

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

Microsoft Announces Dividend

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

Insider Activity at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president owned 43,100 shares of the company's stock, valued at $19,481,631. This represents a 23.50% 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 stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 98,010 shares of the company's stock, valued at approximately $44,906,221.80. The trade was a 14.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold 54,743 shares of company stock worth $24,921,913 in the last 90 days. 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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