MFA Wealth Advisors LLC Has $474,000 Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

MFA Wealth Advisors LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.1% during the 3rd quarter, Holdings Channel reports. The firm owned 2,034 shares of the software giant’s stock after purchasing an additional 61 shares during the quarter. MFA Wealth Advisors LLC’s holdings in Microsoft were worth $474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Monumental Financial Group Inc. bought a new stake in shares of Microsoft during the 1st quarter worth about $28,000. Hanseatic Management Services Inc. boosted its holdings in shares of Microsoft by 71.4% during the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock worth $31,000 after buying an additional 55 shares during the period. Grayhawk Investment Strategies Inc. bought a new stake in shares of Microsoft during the 2nd quarter worth about $104,000. Morgan Dempsey Capital Management LLC bought a new stake in shares of Microsoft during the 3rd quarter worth about $82,000. Finally, Avondale Wealth Management boosted its holdings in shares of Microsoft by 58.6% during the 3rd quarter. Avondale Wealth Management now owns 406 shares of the software giant’s stock worth $95,000 after buying an additional 150 shares during the period. 69.15% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

MSFT stock opened at $276.20 on Friday. The company has a 50 day simple moving average of $251.22 and a 200 day simple moving average of $245.45. The stock has a market cap of $2.06 trillion, a price-to-earnings ratio of 30.69, a P/E/G ratio of 2.33 and a beta of 0.92. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $315.95. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.93 and a quick ratio of 1.89.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings data on Tuesday, January 24th. The software giant reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.05. The business had revenue of $52.75 billion during the quarter, compared to analysts’ expectations of $53.17 billion. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.48 EPS. Research analysts anticipate that Microsoft Co. will post 9.34 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 6th. Shareholders of record on Thursday, May 18th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Wednesday, May 17th. Microsoft’s dividend payout ratio (DPR) is currently 30.22%.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The shares were sold at an average price of $269.38, for a total value of $269,380.00. Following the completion of the transaction, the chief marketing officer now directly owns 117,362 shares in the company, valued at approximately $31,614,975.56. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Microsoft news, CEO Satya Nadella sold 4,767 shares of the company’s stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the completion of the transaction, the chief executive officer now directly owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CMO Christopher C. Capossela sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The shares were sold at an average price of $269.38, for a total transaction of $269,380.00. Following the completion of the transaction, the chief marketing officer now owns 117,362 shares of the company’s stock, valued at $31,614,975.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,767 shares of company stock worth $1,728,111. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. DA Davidson lifted their target price on shares of Microsoft from $280.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, February 8th. Fundamental Research cut their price objective on shares of Microsoft from $269.73 to $259.47 and set a “buy” rating for the company in a report on Thursday, February 2nd. Cowen cut their price objective on shares of Microsoft from $285.00 to $280.00 and set an “outperform” rating for the company in a report on Thursday, January 19th. Barclays cut their price objective on shares of Microsoft from $296.00 to $280.00 and set an “overweight” rating for the company in a report on Tuesday, January 10th. Finally, Royal Bank of Canada set a $285.00 price objective on shares of Microsoft in a report on Wednesday, January 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $285.58.

Microsoft Company Profile

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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