Integrated Investment Consultants LLC Raises Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Integrated Investment Consultants LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,975 shares of the software giant’s stock after buying an additional 370 shares during the period. Microsoft accounts for 1.5% of Integrated Investment Consultants LLC’s portfolio, making the stock its 14th biggest holding. Integrated Investment Consultants LLC’s holdings in Microsoft were worth $9,016,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MSFT. Sicart Associates LLC lifted its stake in 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 purchasing an additional 26 shares during the last quarter. Mayfair Advisory Group LLC lifted its stake in shares of Microsoft by 0.7% during the 4th quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after acquiring an additional 27 shares during the last quarter. O Connor Financial Group LLC boosted its holdings 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 acquiring an additional 31 shares during the period. Navis Wealth Advisors LLC grew its position in Microsoft by 2.1% in the 3rd quarter. Navis Wealth Advisors LLC now owns 1,507 shares of the software giant’s stock valued at $476,000 after acquiring an additional 31 shares during the last quarter. Finally, Kaizen Financial Strategies increased its stake in Microsoft by 0.4% in the fourth quarter. Kaizen Financial Strategies now owns 7,807 shares of the software giant’s stock worth $2,936,000 after purchasing an additional 31 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on MSFT. Truist Financial restated a “buy” rating and issued a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. Royal Bank of Canada raised their target price on shares of Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Piper Sandler reaffirmed an “overweight” rating and set a $455.00 price target on shares of Microsoft in a research note on Thursday, January 25th. UBS Group reissued a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research note on Wednesday, April 10th. Finally, KeyCorp initiated coverage on Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and thirty-five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $434.05.

Insider Buying and Selling at Microsoft

In related news, 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 completion of the transaction, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the transaction, the insider now owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now directly 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 a total of 1,070,258 shares of company stock valued at $30,690,456 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Microsoft Trading Up 1.6 %

Shares of Microsoft stock opened at $407.57 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. Microsoft Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The firm has a 50-day simple moving average of $414.60 and a two-hundred day simple moving average of $386.93. The company has a market cap of $3.03 trillion, a P/E ratio of 36.85, a price-to-earnings-growth ratio of 2.16 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, beating the consensus estimate of $2.76 by $0.17. The company had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. Microsoft’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $2.32 earnings per share. As a group, equities analysts predict that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 27.12%.

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.