B.O.S.S. Retirement Advisors LLC Has $22.34 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

B.O.S.S. Retirement Advisors LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,409 shares of the software giant’s stock after purchasing an additional 2,885 shares during the period. Microsoft makes up about 4.1% of B.O.S.S. Retirement Advisors LLC’s holdings, making the stock its biggest position. B.O.S.S. Retirement Advisors LLC’s holdings in Microsoft were worth $22,340,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sicart Associates LLC increased its holdings in shares of Microsoft by 2.9% in the fourth quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock worth $348,000 after buying an additional 26 shares during the period. Capital Wealth Management LLC boosted its stake in shares of Microsoft by 1.7% during the fourth quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after purchasing an additional 26 shares during the period. Mayfair Advisory Group LLC grew its holdings in shares of Microsoft by 0.7% in the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after purchasing an additional 27 shares during the last quarter. Triton Wealth Management PLLC increased its stake in shares of Microsoft by 0.5% in the fourth quarter. Triton Wealth Management PLLC now owns 5,864 shares of the software giant’s stock worth $2,167,000 after buying an additional 28 shares during the period. Finally, O Connor Financial Group LLC boosted its position in Microsoft by 1.4% during the 3rd quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after buying an additional 31 shares during the period. 71.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of analyst reports. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Jefferies Financial Group upped their price target on Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Citigroup cut their price objective on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. Wells Fargo & Company boosted their price objective on shares of Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Finally, Evercore ISI lifted their target price on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $452.61.

Microsoft Stock Up 2.2 %

MSFT opened at $406.66 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $3.02 trillion, a PE ratio of 35.21, a PEG ratio of 2.09 and a beta of 0.89. Microsoft Co. has a 1-year low of $303.40 and a 1-year high of $430.82. The firm’s 50 day simple moving average is $413.76 and its two-hundred day simple moving average is $389.54.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping the consensus estimate of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.45 earnings per share. As a group, equities analysts forecast that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Insider Activity

In related news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction 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 transaction, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction dated 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 transaction, the insider now directly owns 570,826 shares in the company, valued at $231,823,855.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the 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 of the company’s stock, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. Insiders have sold 1,025,258 shares of company stock worth $12,160,356 in the last three months. Company insiders own 0.03% of the company’s stock.

Microsoft Company Profile

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.