Microsoft Co. (NASDAQ:MSFT) Position Boosted by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,686 shares of the software giant's stock after buying an additional 2,033 shares during the quarter. Microsoft accounts for approximately 5.6% of Levin Capital Strategies L.P.'s portfolio, making the stock its largest holding. Levin Capital Strategies L.P.'s holdings in Microsoft were worth $59,299,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Adamsbrown Wealth Consultants LLC raised its holdings in Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after buying an additional 130 shares during the last quarter. Mcdaniel Terry & Co. increased its position in shares of Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after acquiring an additional 18,052 shares during the period. Centric Wealth Management raised its stake in shares of Microsoft by 0.7% during the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after acquiring an additional 112 shares during the last quarter. 1900 Wealth Management LLC raised its stake in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after acquiring an additional 294 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after purchasing an additional 217,509 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Trading Up 0.0 %

Shares of MSFT stock opened at $433.35 on Thursday. The stock has a market capitalization of $3.22 trillion, a P/E ratio of 34.89, a P/E/G ratio of 2.21 and a beta of 0.99. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The firm's 50 day moving average is $387.20 and its 200 day moving average is $411.42. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35.

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

Microsoft Announces Dividend

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 given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 25.66%.

Analysts Set New Price Targets

MSFT has been the subject of a number of recent analyst reports. Piper Sandler reaffirmed a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Bank of America decreased their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. BMO Capital Markets lifted their price target on shares of Microsoft from $470.00 to $485.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Finally, Cantor Fitzgerald upped their target price on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $507.77.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares of the company's stock, valued at $207,995,413.95. This trade represents a 13.59 % 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 currently 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.

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