James Investment Research Inc. Has $31.86 Million Position in Microsoft Co. (NASDAQ:MSFT)

James Investment Research Inc. lessened its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 100,885 shares of the software giant’s stock after selling 379 shares during the quarter. Microsoft accounts for about 4.2% of James Investment Research Inc.’s holdings, making the stock its biggest position. James Investment Research Inc.’s holdings in Microsoft were worth $31,855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Zimmermann Investment Management & Planning LLC raised its holdings in Microsoft by 11.0% during the 3rd quarter. Zimmermann Investment Management & Planning LLC now owns 8,504 shares of the software giant’s stock worth $2,685,000 after buying an additional 841 shares during the period. Tranquility Partners LLC increased its holdings in shares of Microsoft by 4.4% in the 3rd quarter. Tranquility Partners LLC now owns 40,570 shares of the software giant’s stock valued at $12,810,000 after purchasing an additional 1,718 shares during the period. Teamwork Financial Advisors LLC increased its holdings in shares of Microsoft by 7.7% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 114,636 shares of the software giant’s stock valued at $36,197,000 after purchasing an additional 8,169 shares during the period. TCI Wealth Advisors Inc. increased its holdings in shares of Microsoft by 3.3% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 33,543 shares of the software giant’s stock valued at $10,591,000 after purchasing an additional 1,073 shares during the period. Finally, Straight Path Wealth Management increased its holdings in shares of Microsoft by 22.5% in the 3rd quarter. Straight Path Wealth Management now owns 746 shares of the software giant’s stock valued at $236,000 after purchasing an additional 137 shares during the period. Institutional investors and hedge funds own 69.20% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $415.26 on Tuesday. The business has a fifty day simple moving average of $386.31 and a 200 day simple moving average of $354.90. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 37.55, a PEG ratio of 2.24 and a beta of 0.90. Microsoft Co. has a one year low of $245.61 and a one year high of $420.82.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. The business had revenue of $62.02 billion during the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. Microsoft’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 earnings per share. Sell-side analysts expect that Microsoft Co. will post 11.6 EPS for the current year.

Microsoft Dividend Announcement

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

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the completion of the transaction, the insider now directly 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 accessible through this hyperlink. In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the completion of the transaction, the insider now directly 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 accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 24,681 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $369.00, for a total value of $9,107,289.00. Following the transaction, the executive vice president now owns 183,761 shares of the company’s stock, valued at $67,807,809. The disclosure for this sale can be found here. Insiders sold 72,984 shares of company stock worth $28,978,803 over the last three months. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MSFT. BMO Capital Markets upped their target price on Microsoft from $420.00 to $455.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. The Goldman Sachs Group upped their target price on Microsoft from $400.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, October 25th. Argus upped their target price on Microsoft from $390.00 to $430.00 and gave the company a “buy” rating in a report on Tuesday, December 5th. DA Davidson reissued a “buy” rating and issued a $415.00 price target on shares of Microsoft in a research note on Monday, October 16th. Finally, Raymond James boosted their price target on Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Four investment 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, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $411.06.

Get Our Latest Analysis on MSFT

Microsoft 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.

See Also

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

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.