Wealth High Governance Capital Ltda Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

Wealth High Governance Capital Ltda purchased a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 24,962 shares of the software giant's stock, valued at approximately $10,521,000. Microsoft accounts for about 3.8% of Wealth High Governance Capital Ltda's portfolio, making the stock its 6th largest position.

Several other institutional investors and hedge funds have also modified their holdings of MSFT. Muirfield Wealth Advisors LLC lifted its stake in shares of Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after acquiring an additional 24 shares during the last quarter. Retirement Financial Solutions LLC lifted its holdings in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after buying an additional 24 shares during the period. Boulder Wealth Advisors LLC boosted its position in Microsoft by 1.0% during the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after purchasing an additional 25 shares in the last quarter. Sterling Group Wealth Management LLC raised its stake in shares of Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after acquiring an additional 25 shares in the last quarter. Finally, Kuhn & Co Investment Counsel lifted its holdings in shares of Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of MSFT traded down $0.70 during mid-day trading on Tuesday, hitting $458.17. 15,422,215 shares of the company were exchanged, compared to its average volume of 21,538,085. 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 1-year low of $344.79 and a 1-year high of $468.35. The stock has a market cap of $3.41 trillion, a price-to-earnings ratio of 36.89, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The company has a 50 day moving average of $396.84 and a 200-day moving average of $412.71.

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, beating analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during 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 company's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.94 earnings per share. Analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal 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 paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 25.66%.

Insider Transactions at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction that occurred on 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 sale, the executive vice president now owns 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,243 shares of company stock worth $48,619,618 in the last ninety days. Insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Bank of America decreased their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. TD Securities boosted their price objective on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Piper Sandler restated a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Royal Bank of Canada boosted their price target on Microsoft from $500.00 to $525.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of "Moderate Buy" and an average price target of $510.30.

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.