United Capital Management of KS Inc. Has $15.19 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

United Capital Management of KS Inc. raised its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 36,033 shares of the software giant's stock after purchasing an additional 685 shares during the quarter. Microsoft accounts for about 2.8% of United Capital Management of KS Inc.'s investment portfolio, making the stock its 9th biggest position. United Capital Management of KS Inc.'s holdings in Microsoft were worth $15,188,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Fiduciary Advisors Inc. bought a new stake in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC increased its stake in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management increased its stake in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in Microsoft in the third quarter worth about $62,000. Finally, Fairway Wealth LLC bought a new position in Microsoft during the fourth quarter worth about $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. BMO Capital Markets reiterated an "outperform" rating on shares of Microsoft in a research note on Wednesday. Cantor Fitzgerald lifted their price objective on Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, Bank of America lowered their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Four research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. According to data from MarketBeat.com, Microsoft currently has an average rating of "Moderate Buy" and a consensus price target of $512.63.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $452.57 on Thursday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The stock has a market capitalization of $3.36 trillion, a P/E ratio of 36.44, a P/E/G ratio of 2.21 and a beta of 0.99. The business has a 50-day moving average price of $399.71 and a two-hundred day moving average price of $413.31.

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, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $68.54 billion. During the same period in the previous year, the firm posted $2.94 earnings per share. Microsoft's revenue for the quarter was up 13.3% compared to the same quarter last year. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 25.66%.

Insider Activity

In other Microsoft news, 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 value of $7,330,880.00. Following the transaction, the executive vice president now owns 98,010 shares of the company's stock, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 110,243 shares of company stock valued at $48,619,618 in the last 90 days. 0.03% of the stock is owned by company insiders.

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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