Waterloo Capital L.P. Acquires 1,467 Shares of Microsoft Co. (NASDAQ:MSFT)

Waterloo Capital L.P. boosted its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,721 shares of the software giant's stock after buying an additional 1,467 shares during the quarter. Microsoft makes up 1.4% of Waterloo Capital L.P.'s investment portfolio, making the stock its 14th largest holding. Waterloo Capital L.P.'s holdings in Microsoft were worth $13,370,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the 4th quarter valued at $38,000. IFS Advisors LLC grew its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management increased its holdings in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares during the last quarter. Fairway Wealth LLC purchased a new stake in Microsoft during the fourth quarter worth about $62,000. Finally, Sellwood Investment Partners LLC bought a new stake in Microsoft in the fourth quarter worth about $120,000. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Evercore ISI set a $515.00 price target on shares of Microsoft and gave the stock an "outperform" rating in a research note on Wednesday, May 21st. Westpark Capital reissued a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. Morgan Stanley restated an "overweight" rating on shares of Microsoft in a research note on Wednesday, June 4th. TD Securities lifted their price objective on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Finally, Jefferies Financial Group upped their price objective on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $513.89.

Insider Activity

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of Microsoft stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president now directly owns 43,930 shares of the company's stock, valued at $20,339,590. The trade was a 6.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now owns 476,999 shares of the company's stock, valued at $207,995,413.95. The trade was a 13.59% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,743 shares of company stock valued at $60,224,683. Insiders own 0.03% of the company's stock.

Microsoft Price Performance

NASDAQ:MSFT traded up $6.25 during mid-day trading on Thursday, reaching $478.87. The stock had a trading volume of 18,905,074 shares, compared to its average volume of 21,507,291. The stock has a market capitalization of $3.56 trillion, a P/E ratio of 38.56, a P/E/G ratio of 2.21 and a beta of 1.03. The firm has a 50 day moving average price of $423.22 and a two-hundred day moving average price of $417.84. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a one year low of $344.79 and a one year high of $480.37.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued 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. The company 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 firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.94 EPS. As a group, analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

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.