Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Jackson Hole Capital Partners LLC

Jackson Hole Capital Partners LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,852 shares of the software giant's stock after buying an additional 1,265 shares during the period. Microsoft comprises 3.5% of Jackson Hole Capital Partners LLC's investment portfolio, making the stock its 4th largest position. Jackson Hole Capital Partners LLC's holdings in Microsoft were worth $17,219,000 at the end of the most recent reporting period.

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

Microsoft Trading Up 0.0%

MSFT traded up $0.19 during trading on Thursday, hitting $453.13. 21,913,513 shares of the stock were exchanged, compared to its average volume of 21,510,806. The firm has a 50 day simple moving average of $392.40 and a 200 day simple moving average of $412.14. The firm has a market cap of $3.37 trillion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. 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 (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.94 EPS. As a group, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MSFT. Wells Fargo & Company boosted their price target on Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Bank of America decreased their price target on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. BMO Capital Markets boosted their price target on Microsoft from $470.00 to $485.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. KeyCorp restated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Finally, Tigress Financial lifted their price objective on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Five investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $509.16.

Insider Buying and Selling at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.03% of the company's stock.

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.