Nilsine Partners LLC Has $14.79 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Nilsine Partners LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 10.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,159 shares of the software giant's stock after purchasing an additional 3,285 shares during the quarter. Microsoft comprises 2.0% of Nilsine Partners LLC's portfolio, making the stock its 9th largest holding. Nilsine Partners LLC's holdings in Microsoft were worth $14,792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in MSFT. Financial Security Advisor Inc. boosted its position in shares of Microsoft by 1.7% in the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant's stock valued at $10,255,000 after acquiring an additional 452 shares during the period. Gunderson Capital Management Inc. boosted its position in shares of Microsoft by 0.7% in the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant's stock valued at $9,359,000 after acquiring an additional 185 shares during the period. Rappaport Reiches Capital Management LLC raised its stake in shares of Microsoft by 14.9% in the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant's stock valued at $3,089,000 after purchasing an additional 1,067 shares in the last quarter. Bailard Inc. raised its stake in shares of Microsoft by 1.2% in the third quarter. Bailard Inc. now owns 470,301 shares of the software giant's stock valued at $148,497,000 after purchasing an additional 5,366 shares in the last quarter. Finally, RNC Capital Management LLC raised its stake in shares of Microsoft by 10.4% in the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant's stock valued at $25,967,000 after purchasing an additional 6,484 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on MSFT shares. The Goldman Sachs Group increased their price objective on Microsoft from $450.00 to $515.00 and gave the stock a "buy" rating in a research note on Friday, April 26th. Barclays increased their target price on Microsoft from $421.00 to $475.00 and gave the stock an "overweight" rating in a report on Wednesday, January 31st. Jefferies Financial Group increased their target price on Microsoft from $465.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, April 1st. Truist Financial restated a "buy" rating and set a $600.00 target price on shares of Microsoft in a report on Monday, March 25th. Finally, Citigroup decreased their target price on Microsoft from $480.00 to $475.00 and set a "buy" rating on the stock in a report on Thursday, April 18th. Three equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $452.61.

Insiders Place Their Bets

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the business's stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares of the company's stock, valued at approximately $64,538,265.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the transaction, the insider now directly owns 570,826 shares in the company, valued at approximately $231,823,855.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares of the company's stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Insiders have sold 1,070,258 shares of company stock valued at $30,690,456 in the last 90 days. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Up 1.4 %

Microsoft stock traded up $5.61 during midday trading on Wednesday, reaching $394.94. The stock had a trading volume of 23,286,768 shares, compared to its average volume of 22,185,414. The firm's fifty day simple moving average is $414.03 and its 200-day simple moving average is $389.48. Microsoft Co. has a 1-year low of $303.40 and a 1-year high of $430.82. The stock has a market capitalization of $2.94 trillion, a P/E ratio of 34.19, a price-to-earnings-growth ratio of 2.13 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same quarter last year, the firm earned $2.45 EPS. Microsoft's revenue for the quarter was up 17.0% compared to the same quarter last year. As a group, analysts expect that Microsoft Co. will post 11.75 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Wednesday, May 15th. Microsoft's dividend payout ratio (DPR) is 25.97%.

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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