Mcdonald Partners LLC Purchases 265 Shares of Microsoft Co. (NASDAQ:MSFT)

Mcdonald Partners LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 47,585 shares of the software giant’s stock after buying an additional 265 shares during the period. Microsoft makes up 4.9% of Mcdonald Partners LLC’s investment portfolio, making the stock its biggest holding. Mcdonald Partners LLC’s holdings in Microsoft were worth $15,025,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. DGS Capital Management LLC increased its holdings in shares of Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after buying an additional 2,383 shares in the last quarter. IFM Investors Pty Ltd grew its stake in shares of Microsoft by 20.8% during the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after purchasing an additional 196,338 shares during the last quarter. Altus Wealth Group LLC grew its stake in shares of Microsoft by 1.2% during the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after purchasing an additional 152 shares during the last quarter. Powell Investment Advisors LLC grew its stake in shares of Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after purchasing an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its stake in Microsoft by 8.2% in the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock valued at $1,921,000 after acquiring an additional 512 shares during the last quarter. Institutional investors and hedge funds own 69.20% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $414.11 on Friday. The firm has a market cap of $3.08 trillion, a price-to-earnings ratio of 37.44, a P/E/G ratio of 2.16 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. Microsoft Co. has a 52 week low of $245.61 and a 52 week high of $415.56. The firm’s 50-day simple moving average is $384.47 and its two-hundred day simple moving average is $353.64.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping the consensus estimate of $2.76 by $0.17. The business had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.32 earnings per share. As a group, equities analysts forecast that Microsoft Co. will post 11.6 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 15th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $3.00 annualized dividend and a dividend yield of 0.72%. Microsoft’s payout ratio is 27.12%.

Analysts Set New Price Targets

A number of brokerages have issued reports on MSFT. Rosenblatt Securities raised their price objective on shares of Microsoft from $370.00 to $375.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Wells Fargo & Company lifted their target price on shares of Microsoft from $435.00 to $460.00 and gave the stock an “overweight” rating in a report on Wednesday, January 31st. BNP Paribas upgraded shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price for the company in a research report on Thursday, January 18th. Raymond James boosted their target price on shares of Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Finally, BMO Capital Markets increased their price objective on shares of Microsoft from $420.00 to $455.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $411.06.

Read Our Latest Stock Analysis on Microsoft

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now owns 574,129 shares in the company, valued at $236,414,839.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the sale, the insider now directly owns 570,826 shares in the company, valued at approximately $231,823,855.12. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bradford L. Smith sold 45,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the sale, the insider now owns 574,129 shares of the company’s stock, valued at $236,414,839.62. The disclosure for this sale can be found here. Insiders sold 72,984 shares of company stock worth $28,978,803 over the last quarter. Corporate insiders own 0.03% of the company’s stock.

Microsoft Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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