White Wing Wealth Management Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

White Wing Wealth Management purchased a new position in shares of Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 536 shares of the software giant’s stock, valued at approximately $201,000. Microsoft comprises approximately 0.2% of White Wing Wealth Management’s investment portfolio, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Iron Horse Wealth Management LLC boosted its holdings in shares of Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after buying an additional 105 shares during the period. Authentikos Wealth Advisory LLC acquired a new position in Microsoft in the third quarter valued at approximately $87,000. Cordant Inc. raised its position in shares of Microsoft by 647.8% during the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after purchasing an additional 298 shares during the period. Family CFO Inc lifted its holdings in shares of Microsoft by 13.6% in the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after purchasing an additional 43 shares during the last quarter. Finally, Life Planning Partners Inc bought a new position in Microsoft during the 4th quarter worth $146,000. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

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. Microsoft Co. has a 1 year low of $303.40 and a 1 year high of $430.82. The stock has a fifty day moving average price of $413.76 and a 200 day moving average price of $389.54. The stock has a market cap of $3.02 trillion, a price-to-earnings ratio of 35.21, a PEG ratio of 2.09 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. During the same quarter in the previous year, the business posted $2.45 EPS. The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. Analysts forecast that Microsoft Co. will post 11.76 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

Insider Activity

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,025,258 shares of company stock valued at $12,160,356. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. BMO Capital Markets boosted their price target on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. UBS Group restated a “buy” rating and issued a $480.00 price target on shares of Microsoft in a research note on Wednesday, April 10th. Evercore ISI increased their price objective on Microsoft from $475.00 to $485.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. The Goldman Sachs Group lifted their target price on Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Finally, Piper Sandler restated an “overweight” rating and set a $465.00 price objective (up from $455.00) on shares of Microsoft in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $452.61.

About Microsoft

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.