United Advisor Group LLC Has $10.95 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

United Advisor Group LLC grew its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 25,980 shares of the software giant's stock after acquiring an additional 1,101 shares during the quarter. Microsoft comprises approximately 2.2% of United Advisor Group LLC's holdings, making the stock its 5th largest holding. United Advisor Group LLC's holdings in Microsoft were worth $10,951,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MSFT. Adamsbrown Wealth Consultants LLC lifted its position in Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after buying an additional 130 shares during the last quarter. Mcdaniel Terry & Co. lifted its position in Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after buying an additional 18,052 shares during the last quarter. 1900 Wealth Management LLC lifted its position in Microsoft by 3.0% in the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after buying an additional 294 shares during the last quarter. Strategic Financial Services Inc. lifted its position in Microsoft by 7.8% in the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after buying an additional 1,268 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. lifted its position in Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after buying an additional 1,043 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the transaction, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Bradford L. Smith sold 6,000 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Performance

Shares of Microsoft stock opened at $480.24 on Friday. The company has a market capitalization of $3.57 trillion, a PE ratio of 37.11, a P/E/G ratio of 2.44 and a beta of 1.03. 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 company has a 50-day simple moving average of $436.07 and a two-hundred day simple moving average of $420.16. Microsoft Corporation has a one year low of $344.79 and a one year high of $481.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same period in the previous year, the company posted $2.94 earnings per share. The firm's revenue was up 13.3% on a year-over-year basis. Research analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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 issued 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 0.69%. Microsoft's dividend payout ratio (DPR) is currently 25.66%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSFT. The Goldman Sachs Group raised their price target on Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Mizuho raised their price target on Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Needham & Company LLC reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Evercore ISI set a $515.00 target price on Microsoft and gave the stock an "outperform" rating in a research report on Wednesday, May 21st. Finally, Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $515.68.

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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