Microsoft Corporation (NASDAQ:MSFT) Stock Holdings Lifted by White Knight Strategic Wealth Advisors LLC

White Knight Strategic Wealth Advisors LLC raised its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 100.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,362 shares of the software giant’s stock after acquiring an additional 8,196 shares during the quarter. Microsoft comprises 2.9% of White Knight Strategic Wealth Advisors LLC’s holdings, making the stock its 8th biggest holding. White Knight Strategic Wealth Advisors LLC’s holdings in Microsoft were worth $6,897,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new position in shares of Microsoft during the fourth quarter worth about $865,000. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. lifted its holdings in Microsoft by 4.2% in the fourth quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. now owns 11,802 shares of the software giant’s stock worth $4,975,000 after buying an additional 476 shares during the period. Lantern Wealth Advisors LLC increased its stake in shares of Microsoft by 3.2% during the fourth quarter. Lantern Wealth Advisors LLC now owns 5,819 shares of the software giant’s stock valued at $2,453,000 after purchasing an additional 181 shares in the last quarter. Delta Investment Management LLC grew its holdings in shares of Microsoft by 2.7% during the fourth quarter. Delta Investment Management LLC now owns 35,173 shares of the software giant’s stock valued at $14,825,000 after buying an additional 936 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Microsoft by 9.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant’s stock valued at $25,273,704,000 after purchasing an additional 5,370,546 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, insider Bradford L. Smith sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the company’s stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the transaction, the executive vice president now directly owns 43,100 shares of the company’s stock, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on MSFT shares. Mizuho raised their price target on Microsoft from $475.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, May 1st. Jefferies Financial Group upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $525.00 price objective on shares of Microsoft in a research report on Friday, May 23rd. JPMorgan Chase & Co. increased their price objective on Microsoft from $465.00 to $475.00 and gave the company an “overweight” rating in a report on Thursday, May 1st. Finally, The Goldman Sachs Group upped their price objective on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, May 21st. Five analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $515.68.

Microsoft Stock Performance

NASDAQ MSFT opened at $478.04 on Wednesday. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $480.69. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $432.29 and a 200-day simple moving average of $419.32. The stock has a market cap of $3.55 trillion, a PE ratio of 36.94, a P/E/G ratio of 2.44 and a beta of 1.03.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.94 EPS. Equities analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft’s dividend payout ratio is currently 25.66%.

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.