Quotient Wealth Partners LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

Quotient Wealth Partners LLC bought a new position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 38,388 shares of the software giant’s stock, valued at approximately $14,435,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Financial Security Advisor Inc. lifted its holdings in shares of Microsoft by 1.7% in the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after buying an additional 452 shares during the period. Gunderson Capital Management Inc. raised its position in Microsoft by 0.7% in the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock worth $9,359,000 after acquiring an additional 185 shares in the last quarter. Rappaport Reiches Capital Management LLC lifted its holdings in Microsoft by 14.9% in the 4th quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after acquiring an additional 1,067 shares during the last quarter. RNC Capital Management LLC boosted its position in shares of Microsoft by 10.4% during the 4th quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after purchasing an additional 6,484 shares in the last quarter. Finally, Clarity Financial LLC grew its stake in shares of Microsoft by 4.9% in the 4th quarter. Clarity Financial LLC now owns 56,905 shares of the software giant’s stock worth $21,399,000 after purchasing an additional 2,681 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Microsoft 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 sale, 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 the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The disclosure for this sale can be found here. In the last three months, insiders sold 47,521 shares of company stock valued at $19,746,476. Company insiders own 0.03% of the company’s stock.

Microsoft Trading Up 1.9 %

Shares of NASDAQ:MSFT opened at $424.01 on Thursday. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $433.60. The firm has a fifty day moving average price of $416.06 and a 200 day moving average price of $401.91. 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 stock has a market capitalization of $3.15 trillion, a PE ratio of 36.71, a P/E/G ratio of 2.18 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping 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 company had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. During the same quarter in the prior year, the company posted $2.45 EPS. The firm’s revenue was up 17.0% on a year-over-year basis. Analysts expect that Microsoft Co. will post 11.77 EPS for the current fiscal 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. 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, May 15th. Microsoft’s payout ratio is 25.97%.

Analysts Set New Price Targets

MSFT has been the subject of several recent research reports. Sanford C. Bernstein increased their target price on shares of Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Citigroup cut their price objective on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. KeyCorp began coverage on Microsoft in a report on Thursday, March 21st. They issued an “overweight” rating and a $490.00 target price on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $455.00 price target on shares of Microsoft in a research report on Monday, April 22nd. Finally, StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $457.91.

View Our Latest Analysis on Microsoft

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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