Microsoft Co. (NASDAQ:MSFT) Shares Bought by Wulff Hansen & CO.

Wulff Hansen & CO. lifted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,589 shares of the software giant's stock after purchasing an additional 715 shares during the period. Microsoft accounts for about 4.5% of Wulff Hansen & CO.'s investment portfolio, making the stock its 4th biggest position. Wulff Hansen & CO.'s holdings in Microsoft were worth $4,885,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Fiduciary Advisors Inc. bought a new position in shares of Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC lifted its holdings in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management boosted its position in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Fairway Wealth LLC purchased a new position in shares of Microsoft in the 4th quarter valued at $62,000. Finally, Kieckhefer Group LLC bought a new position in shares of Microsoft in the 4th quarter worth $141,000. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the completion of the transaction, the executive vice president now directly owns 134,888 shares of the company's stock, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the transaction, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 131,743 shares of company stock worth $58,375,673 over the last quarter. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded up $10.51 during midday trading on Tuesday, reaching $460.69. The company's stock had a trading volume of 20,932,633 shares, compared to its average volume of 21,585,267. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $403.62 and a 200 day moving average of $414.03. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The firm has a market capitalization of $3.42 trillion, a PE ratio of 37.09, a P/E/G ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.94 earnings per share. On average, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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

Analysts Set New Price Targets

MSFT has been the topic of a number of recent research reports. Evercore ISI set a $515.00 price objective on Microsoft and gave the company an "outperform" rating in a research report on Wednesday, May 21st. TD Securities increased 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. Wall Street Zen upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Cantor Fitzgerald lifted their price objective on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Tigress Financial increased their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $513.13.

About Microsoft

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.