Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Intellectus Partners LLC

Intellectus Partners LLC lifted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,117 shares of the software giant's stock after acquiring an additional 2,126 shares during the quarter. Microsoft makes up approximately 1.9% of Intellectus Partners LLC's holdings, making the stock its 6th largest holding. Intellectus Partners LLC's holdings in Microsoft were worth $8,480,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC raised its position in Microsoft by 34,643.3% in the 4th quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock worth $7,096,913,000 after purchasing an additional 16,788,816 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC raised its position in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. raised its position in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction dated 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 completion of the transaction, the insider now directly owns 471,036 shares in the company, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.03% of the company's stock.

Microsoft Stock Up 0.0%

NASDAQ MSFT traded up $0.19 on Thursday, reaching $453.13. The company had a trading volume of 21,913,513 shares, compared to its average volume of 21,510,806. The firm has a market capitalization of $3.37 trillion, a price-to-earnings ratio of 36.48, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. 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 company's fifty day moving average is $392.40 and its 200-day moving average is $412.14.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS 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 company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same period in the prior year, the business posted $2.94 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. On average, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Stifel Nicolaus boosted their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. JPMorgan Chase & Co. upped their target price on shares of Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. StockNews.com upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research report on Monday, May 5th. Finally, KeyCorp reiterated a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. Five investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus target price of $509.16.

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.