Holistic Financial Partners Has $2.30 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Holistic Financial Partners decreased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 5.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,138 shares of the software giant’s stock after selling 288 shares during the period. Microsoft comprises 1.2% of Holistic Financial Partners’ portfolio, making the stock its 18th biggest position. Holistic Financial Partners’ holdings in Microsoft were worth $2,297,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Bayesian Capital Management LP lifted its position in Microsoft by 60.1% during the 4th quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock valued at $18,238,000 after purchasing an additional 18,200 shares during the period. Warren Street Wealth Advisors LLC lifted its stake in Microsoft by 16.5% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 6,767 shares of the software giant’s stock valued at $2,545,000 after acquiring an additional 956 shares in the last quarter. Czech National Bank boosted its holdings in Microsoft by 0.4% during the first quarter. Czech National Bank now owns 1,307,487 shares of the software giant’s stock worth $550,086,000 after purchasing an additional 5,253 shares during the last quarter. True Link Financial Advisors LLC boosted its stake in shares of Microsoft by 296.7% during the 1st quarter. True Link Financial Advisors LLC now owns 3,027 shares of the software giant’s stock worth $1,274,000 after buying an additional 2,264 shares during the last quarter. Finally, United Advisor Group LLC acquired a new position in Microsoft during the fourth quarter worth approximately $9,538,000. Institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Satya Nadella sold 14,398 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the completion of the sale, the chief executive officer now directly owns 786,933 shares in the company, valued at $328,473,703.53. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CFO Amy Hood sold 38,000 shares of Microsoft stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $410.55, for a total transaction of $15,600,900.00. Following the sale, the chief financial officer now directly owns 496,369 shares in the company, valued at $203,784,292.95. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Satya Nadella sold 14,398 shares of Microsoft stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the transaction, the chief executive officer now owns 786,933 shares of the company’s stock, valued at $328,473,703.53. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 190,629 shares of company stock valued at $77,916,485 over the last quarter. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Down 0.4 %

Microsoft stock opened at $415.84 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $3.09 trillion, a P/E ratio of 36.00, a P/E/G ratio of 2.30 and a beta of 0.90. Microsoft Co. has a twelve month low of $324.39 and a twelve month high of $468.35. The firm has a 50 day moving average price of $417.79 and a 200-day moving average price of $424.74.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.05. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The firm had revenue of $64.73 billion for the quarter, compared to analysts’ expectations of $64.38 billion. During the same period in the prior year, the business posted $2.69 earnings per share. The company’s revenue was up 15.2% on a year-over-year basis. As a group, equities analysts predict that Microsoft Co. will post 13.04 EPS for the current year.

Microsoft declared that its Board of Directors has authorized a stock buyback program on Monday, September 16th that allows the company to buyback $60.00 billion in outstanding shares. This buyback authorization allows the software giant to reacquire up to 1.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Microsoft Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.83 per share. This is an increase from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, November 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.80%. Microsoft’s dividend payout ratio (DPR) is presently 28.74%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MSFT shares. BMO Capital Markets increased their price objective on shares of Microsoft from $465.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, July 12th. Tigress Financial upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, June 13th. Bank of America lifted their price target on shares of Microsoft from $480.00 to $510.00 and gave the company a “buy” rating in a report on Wednesday, July 17th. UBS Group reduced their price target on Microsoft from $520.00 to $510.00 and set a “buy” rating on the stock in a report on Wednesday, July 31st. Finally, Wells Fargo & Company lifted their target price on Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Wednesday, July 31st. Three equities research analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $493.47.

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.