Blue Investment Partners LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

Blue Investment Partners LLC bought a new stake in Microsoft Co. (NASDAQ:MSFT – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 13,075 shares of the software giant’s stock, valued at approximately $3,136,000. Microsoft accounts for about 3.9% of Blue Investment Partners LLC’s holdings, making the stock its 10th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. Iron Horse Wealth Management LLC acquired a new stake in shares of Microsoft in the fourth quarter valued at approximately $26,000. Monumental Financial Group Inc. bought a new position in Microsoft during the 1st quarter worth $28,000. Hanseatic Management Services Inc. increased its stake in 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 acquiring an additional 55 shares during the period. Retirement Financial Solutions LLC bought a new position in shares of Microsoft in the 4th quarter valued at $40,000. Finally, PayPay Securities Corp bought a new position in shares of Microsoft in the 4th quarter valued at $54,000. 69.15% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Down 0.1 %

Shares of NASDAQ:MSFT opened at $318.34 on Monday. The company’s 50 day moving average is $290.86 and its two-hundred day moving average is $261.67. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $319.04. The company has a current ratio of 1.91, a quick ratio of 1.88 and a debt-to-equity ratio of 0.22. The company has a market cap of $2.37 trillion, a PE ratio of 34.49, a P/E/G ratio of 2.83 and a beta of 0.93.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings results on Tuesday, April 25th. The software giant reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.23. The firm had revenue of $52.86 billion during the quarter, compared to analysts’ expectations of $51.01 billion. Microsoft had a net margin of 33.25% and a return on equity of 38.98%. Microsoft’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.22 EPS. Equities analysts predict that Microsoft Co. will post 9.66 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 8th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.68 per share. The ex-dividend date is Wednesday, May 17th. This represents a $2.72 annualized dividend and a dividend yield of 0.85%. Microsoft’s dividend payout ratio is currently 29.47%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. DA Davidson boosted their price objective on Microsoft from $325.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. BNP Paribas lowered Microsoft from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $310.00 to $300.00 in a report on Monday, April 24th. Bank of America boosted their price objective on Microsoft from $320.00 to $340.00 in a report on Wednesday, April 26th. UBS Group upped their price objective on Microsoft from $275.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, April 26th. Finally, Citigroup increased their target price on Microsoft from $332.00 to $340.00 in a research report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirty-two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.28.

Insiders Place Their Bets

In other Microsoft news, CEO Satya Nadella sold 4,767 shares of the business’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 transaction of $1,186,410.96. Following the completion of the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at $196,272,990. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CMO Christopher C. Capossela sold 5,000 shares of the company’s stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $310.05, for a total transaction of $1,550,250.00. Following the completion of the transaction, the chief marketing officer now owns 110,206 shares in the company, valued at $34,169,370.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satya Nadella sold 4,767 shares of the firm’s stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the transaction, the chief executive officer now owns 788,625 shares of the company’s stock, valued at approximately $196,272,990. The disclosure for this sale can be found here. Insiders have sold 54,848 shares of company stock valued at $16,635,227 in the last ninety days. Insiders own 0.03% of the company’s stock.

About Microsoft

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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.