Larson Financial Group LLC Has $21.22 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Larson Financial Group LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 18.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,341 shares of the software giant's stock after acquiring an additional 7,720 shares during the quarter. Microsoft accounts for 1.1% of Larson Financial Group LLC's portfolio, making the stock its 15th largest holding. Larson Financial Group LLC's holdings in Microsoft were worth $21,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at $38,000. IFS Advisors LLC lifted its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management lifted its holdings in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the third quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft during the fourth quarter worth $141,000. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Performance

MSFT stock traded up $0.19 during trading on Thursday, reaching $453.13. 21,913,513 shares of the stock were exchanged, compared to its average volume of 21,510,806. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The company has a market capitalization of $3.37 trillion, a P/E ratio of 36.48, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The stock has a 50 day simple moving average of $392.40 and a 200-day simple moving average of $412.14. 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 (NASDAQ:MSFT - Get Free Report) last released its earnings results 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. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. During the same period last year, the business earned $2.94 earnings per share. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MSFT shares. Stifel Nicolaus increased their price objective on Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Mizuho increased their price objective on Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Jefferies Financial Group increased their price objective on Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Westpark Capital reissued a "hold" rating on shares of Microsoft 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 stock a "buy" rating in a research report on Thursday, March 20th. Five analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. Based on data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $509.16.

Insider Buying and Selling

In related news, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the sale, the insider now directly owns 471,036 shares of the company's stock, valued at $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is owned by company insiders.

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.