Analyst IMS Investment Management Services Ltd. Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Analyst IMS Investment Management Services Ltd. lifted its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,490 shares of the software giant’s stock after purchasing an additional 383 shares during the period. Microsoft accounts for 0.9% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 10th biggest holding. Analyst IMS Investment Management Services Ltd.’s holdings in Microsoft were worth $13,639,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of MSFT. Private Management Group Inc. boosted its holdings in Microsoft by 7.3% in the 3rd quarter. Private Management Group Inc. now owns 6,210 shares of the software giant’s stock worth $1,961,000 after buying an additional 422 shares during the period. Spreng Capital Management Inc. boosted its holdings in Microsoft by 0.4% in the 3rd quarter. Spreng Capital Management Inc. now owns 30,647 shares of the software giant’s stock worth $9,677,000 after buying an additional 136 shares during the period. Navis Wealth Advisors LLC boosted its holdings in Microsoft by 2.1% in the 3rd quarter. Navis Wealth Advisors LLC now owns 1,507 shares of the software giant’s stock worth $476,000 after buying an additional 31 shares during the period. Pathway Financial Advisors LLC boosted its holdings in Microsoft by 3.4% in the 3rd quarter. Pathway Financial Advisors LLC now owns 6,412 shares of the software giant’s stock worth $2,025,000 after buying an additional 210 shares during the period. Finally, Trevian Wealth Management LLC bought a new position in Microsoft in the 3rd quarter worth approximately $2,066,000. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Insider Buying and Selling at Microsoft

In related news, insider Bradford L. Smith sold 45,000 shares of the business’s stock in a transaction dated 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 transaction, the insider now owns 574,129 shares in the company, valued at $236,414,839.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Bradford L. Smith sold 45,000 shares of the 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 directly owns 574,129 shares of the company’s stock, valued at $236,414,839.62. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Kathleen T. Hogan sold 24,681 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the completion of the transaction, the executive vice president now directly owns 183,761 shares of the company’s stock, valued at $67,807,809. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 72,984 shares of company stock worth $28,978,803. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on MSFT shares. The Goldman Sachs Group raised their price objective on shares of Microsoft from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. BMO Capital Markets raised their price target on shares of Microsoft from $420.00 to $455.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Piper Sandler reissued an “overweight” rating and issued a $455.00 price target on shares of Microsoft in a report on Thursday, January 25th. Tigress Financial raised their price target on shares of Microsoft from $433.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, November 29th. Finally, Mizuho raised their price target on shares of Microsoft from $420.00 to $450.00 and gave the company a “buy” rating in a report on Friday, December 15th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $411.06.

Check Out Our Latest Stock Analysis on MSFT

Microsoft Price Performance

MSFT stock opened at $420.55 on Friday. The firm’s 50-day moving average price is $385.39 and its two-hundred day moving average price is $354.19. Microsoft Co. has a 12-month low of $245.61 and a 12-month high of $420.82. The stock has a market capitalization of $3.12 trillion, a price-to-earnings ratio of 38.02, a PEG ratio of 2.21 and a beta of 0.90. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19.

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

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 15th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s payout ratio is 27.12%.

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.

Recommended Stories

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.