Pasadena Private Wealth LLC Buys 138 Shares of Microsoft Co. (NASDAQ:MSFT)

Pasadena Private Wealth LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,134 shares of the software giant’s stock after purchasing an additional 138 shares during the quarter. Pasadena Private Wealth LLC’s holdings in Microsoft were worth $1,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC boosted its holdings in Microsoft by 112,158.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock worth $36,017,948,000 after acquiring an additional 150,053,637 shares in the last quarter. Norges Bank acquired a new stake in Microsoft in the fourth quarter worth about $20,700,525,000. Aaron Wealth Advisors LLC boosted its holdings in Microsoft by 35,465.9% in the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after acquiring an additional 20,553,188 shares in the last quarter. Morgan Stanley boosted its holdings in Microsoft by 14.0% in the fourth quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock worth $28,638,815,000 after acquiring an additional 14,652,150 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Microsoft by 348.6% in the second quarter. Osaic Holdings Inc. now owns 11,998,927 shares of the software giant’s stock worth $894,426,000 after acquiring an additional 9,324,182 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

NASDAQ:MSFT opened at $422.86 on Tuesday. Microsoft Co. has a 52 week low of $272.05 and a 52 week high of $430.82. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $3.14 trillion, a P/E ratio of 38.23, a P/E/G ratio of 2.28 and a beta of 0.89. The stock’s fifty day moving average is $408.33 and its two-hundred day moving average is $372.38.

Microsoft (NASDAQ:MSFTGet Free Report) last posted 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. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The company had revenue of $62.02 billion for the quarter, compared to the consensus estimate of $61.14 billion. During the same quarter in the previous year, the business earned $2.32 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Equities analysts expect that Microsoft Co. will post 11.63 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. Microsoft’s dividend payout ratio is presently 27.12%.

Insider Activity at Microsoft

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now owns 570,826 shares in the company, valued at approximately $231,823,855.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Royal Bank of Canada raised their price objective on Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Raymond James raised their price objective on Microsoft from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Mizuho raised their price objective on Microsoft from $420.00 to $450.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. Barclays raised their price objective on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 31st. Finally, DA Davidson restated a “buy” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Friday, March 15th. Four investment analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $422.05.

View Our Latest Report on Microsoft

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.

Featured Articles

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.