Microsoft Co. (NASDAQ:MSFT) Position Boosted by Compass Financial Group INC SD

Compass Financial Group INC SD lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 6.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 575 shares of the software giant’s stock after purchasing an additional 36 shares during the period. Compass Financial Group INC SD’s holdings in Microsoft were worth $242,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Morris Financial Concepts Inc. increased its stake in shares of Microsoft by 0.9% during the fourth quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock valued at $1,001,000 after acquiring an additional 25 shares during the period. Innova Wealth Partners increased its stake in shares of Microsoft by 0.6% during the fourth quarter. Innova Wealth Partners now owns 4,239 shares of the software giant’s stock valued at $1,594,000 after acquiring an additional 25 shares during the period. Arkansas Financial Group Inc. increased its stake in shares of Microsoft by 1.5% during the fourth quarter. Arkansas Financial Group Inc. now owns 1,719 shares of the software giant’s stock valued at $646,000 after acquiring an additional 25 shares during the period. Sicart Associates LLC increased its stake in shares of Microsoft by 2.9% during the fourth quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after acquiring an additional 26 shares during the period. Finally, Capital Wealth Management LLC increased 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 acquiring an additional 26 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction on 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 completion of the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Microsoft news, CMO Takeshi Numoto sold 244 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the completion of the transaction, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction on Thursday, May 23rd. The stock was 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. Insiders sold a total of 25,566 shares of company stock valued at $10,877,535 in the last quarter. Insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.9 %

MSFT stock opened at $449.78 on Monday. 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 $309.45 and a 1 year high of $450.94. The company has a fifty day simple moving average of $419.96 and a 200 day simple moving average of $407.44. The firm has a market cap of $3.34 trillion, a PE ratio of 38.94, a PEG ratio of 2.35 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating 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 business had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. During the same quarter in the previous year, the business earned $2.45 EPS. Microsoft’s quarterly revenue was up 17.0% compared to the same quarter last year. Sell-side analysts anticipate that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio is 25.97%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MSFT shares. Morgan Stanley raised their target price on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Oppenheimer raised their target price on shares of Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, June 7th. Raymond James restated an “outperform” rating and set a $480.00 target price (up from $450.00) on shares of Microsoft in a report on Friday, April 26th. Stifel Nicolaus restated a “buy” rating and set a $455.00 target price on shares of Microsoft in a report on Monday, April 22nd. Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Friday, May 24th. Three analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $467.12.

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.