Microsoft Co. (NASDAQ:MSFT) Shares Bought by Midwest Financial Group LLC

Midwest Financial Group LLC increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,212 shares of the software giant’s stock after acquiring an additional 304 shares during the quarter. Microsoft makes up 2.6% of Midwest Financial Group LLC’s portfolio, making the stock its 10th biggest position. Midwest Financial Group LLC’s holdings in Microsoft were worth $3,464,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MSFT. Sicart Associates LLC lifted its position in Microsoft by 2.9% during the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock worth $348,000 after buying an additional 26 shares in the last quarter. Capital Wealth Management LLC grew 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 last quarter. Mayfair Advisory Group LLC increased 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 valued at $1,434,000 after purchasing an additional 27 shares in the last quarter. Triton Wealth Management PLLC raised its position in Microsoft by 0.5% in the 4th quarter. Triton Wealth Management PLLC now owns 5,864 shares of the software giant’s stock worth $2,167,000 after purchasing an additional 28 shares during the last quarter. Finally, O Connor Financial Group LLC lifted 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 worth $692,000 after buying an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

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 value of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was 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 owns 159,764 shares in the company, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders have sold 1,070,258 shares of company stock worth $30,690,456 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $389.33 on Wednesday. The company’s 50-day moving average is $414.18 and its 200-day moving average is $389.44. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The firm has a market capitalization of $2.89 trillion, a PE ratio of 33.71, a PEG ratio of 2.18 and a beta of 0.89. Microsoft Co. has a fifty-two week low of $303.40 and a fifty-two week high of $430.82.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data 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 net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. During the same period last year, the business posted $2.45 earnings per share. The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. Equities analysts forecast that Microsoft Co. will post 11.71 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is 25.97%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MSFT shares. Royal Bank of Canada boosted their target price on Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Sanford C. Bernstein upped their target price on shares of Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. The Goldman Sachs Group lifted their price target on shares of Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Morgan Stanley increased their price objective on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, Wedbush reaffirmed an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $452.61.

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.