6,505 Shares in Microsoft Co. (NASDAQ:MSFT) Acquired by VSM Wealth Advisory LLC

VSM Wealth Advisory LLC bought a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,505 shares of the software giant's stock, valued at approximately $2,742,000. Microsoft makes up 1.0% of VSM Wealth Advisory LLC's portfolio, making the stock its 25th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC grew 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 acquiring an additional 130 shares in the last quarter. Mcdaniel Terry & Co. boosted its position in Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after buying an additional 18,052 shares during the period. Centric Wealth Management boosted its position in Microsoft by 0.7% during the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after buying an additional 112 shares during the period. 1900 Wealth Management LLC boosted its position in Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after buying an additional 294 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock valued at $3,980,299,000 after buying an additional 217,509 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, 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 sale, the executive vice president now owns 98,010 shares in the company, valued at $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 is available through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction that occurred on 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 sale, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,743 shares of company stock worth $58,375,673. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Up 0.3%

MSFT traded up $1.32 during midday trading on Thursday, reaching $458.68. The company's stock had a trading volume of 13,971,400 shares, compared to its average volume of 21,584,780. The firm has a market capitalization of $3.41 trillion, a price-to-earnings ratio of 36.93, a PEG ratio of 2.21 and a beta of 0.99. 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's 50-day moving average is $407.73 and its 200-day moving average is $414.89.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced 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 business had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.94 earnings per share. As a group, research analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MSFT shares. UBS Group cut their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Mizuho upped their price target on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. TD Securities upped their price target on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Royal Bank of Canada restated an "outperform" rating and set a $525.00 price target on shares of Microsoft in a research report on Friday, May 23rd. Finally, Cantor Fitzgerald upped their price objective on shares of Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $513.13.

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.