JNBA Financial Advisors Decreases Stock Position in Microsoft Co. (NASDAQ:MSFT)

JNBA Financial Advisors trimmed its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,323 shares of the software giant’s stock after selling 1,717 shares during the period. JNBA Financial Advisors’ holdings in Microsoft were worth $6,553,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sentinel Pension Advisors Inc. boosted its stake in shares of Microsoft by 1.1% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 3,746 shares of the software giant’s stock valued at $898,000 after purchasing an additional 39 shares during the period. Rovin Capital UT ADV raised its stake in shares of Microsoft by 1.1% in the 3rd quarter. Rovin Capital UT ADV now owns 3,747 shares of the software giant’s stock valued at $873,000 after purchasing an additional 40 shares in the last quarter. Lokken Investment Group LLC grew its stake in Microsoft by 0.3% in the second quarter. Lokken Investment Group LLC now owns 11,976 shares of the software giant’s stock worth $3,076,000 after purchasing an additional 41 shares in the last quarter. Denver Wealth Management Inc. lifted its holdings in Microsoft by 3.1% during the 4th quarter. Denver Wealth Management Inc. now owns 1,348 shares of the software giant’s stock worth $323,000 after buying an additional 41 shares during the last quarter. Finally, Daniels&Tansey LLP increased its stake in Microsoft by 2.8% during the fourth quarter. Daniels&Tansey LLP now owns 1,488 shares of the software giant’s stock valued at $357,000 after purchasing an additional 41 shares during the last quarter. 69.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several research reports. Macquarie upgraded shares of Microsoft from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $260.00 to $325.00 in a research note on Wednesday, April 26th. The Goldman Sachs Group lifted their target price on Microsoft from $325.00 to $335.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. DA Davidson increased their target price on shares of Microsoft from $325.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, April 26th. Moffett Nathanson upped their target price on Microsoft from $263.00 to $306.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 26th. Finally, Rosenblatt Securities lifted their price objective on shares of Microsoft from $275.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, April 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $323.69.

Microsoft Stock Performance

MSFT stock opened at $313.85 on Thursday. The stock has a market capitalization of $2.33 trillion, a PE ratio of 34.00, a price-to-earnings-growth ratio of 2.85 and a beta of 0.93. Microsoft Co. has a fifty-two week low of $213.43 and a fifty-two week high of $322.72. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.91 and a quick ratio of 1.88. The company has a 50 day moving average price of $294.26 and a 200 day moving average price of $263.44.

Microsoft (NASDAQ:MSFTGet Rating) last announced its quarterly earnings results on Tuesday, April 25th. The software giant reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.23. Microsoft had a net margin of 33.25% and a return on equity of 38.98%. The company had revenue of $52.86 billion during the quarter, compared to analyst estimates of $51.01 billion. During the same quarter in the previous year, the business earned $2.22 EPS. The firm’s revenue was up 7.1% on a year-over-year basis. Analysts forecast that Microsoft Co. will post 9.66 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 8th. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.72 annualized dividend and a dividend yield of 0.87%. Microsoft’s dividend payout ratio is currently 29.47%.

Insider Buying and Selling at Microsoft

In related news, CMO Christopher C. Capossela sold 5,000 shares of the stock in a transaction that occurred on Friday, May 5th. The stock was 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 directly owns 110,206 shares of the company’s stock, valued at $34,169,370.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Satya Nadella sold 4,767 shares of Microsoft stock in a transaction that occurred on Tuesday, February 28th. The stock was 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 of the company’s stock, valued at approximately $196,272,990. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CMO Christopher C. Capossela sold 5,000 shares of the business’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 sale, the chief marketing officer now directly owns 110,206 shares of the company’s stock, valued at approximately $34,169,370.30. The disclosure for this sale can be found here. In the last three months, insiders have sold 54,848 shares of company stock worth $16,635,227. Insiders own 0.03% of the company’s stock.

Microsoft Company Profile

(Get Rating)

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.

See Also

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.