Seven Post Investment Office LP Grows Stake in Microsoft Co. (NASDAQ:MSFT)

Seven Post Investment Office LP lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 213.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,462 shares of the software giant’s stock after buying an additional 4,400 shares during the period. Microsoft makes up 0.5% of Seven Post Investment Office LP’s portfolio, making the stock its 21st biggest position. Seven Post Investment Office LP’s holdings in Microsoft were worth $2,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of MSFT. Christopher J. Hasenberg Inc lifted its holdings in Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after buying an additional 44 shares in the last quarter. Richardson Capital Management LLC increased its position in shares of Microsoft by 1,290.0% during the first quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after acquiring an additional 129 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of Microsoft in the second quarter worth about $75,000. Bellevue Group AG boosted its holdings in Microsoft by 47.5% in the first quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock valued at $76,000 after purchasing an additional 58 shares during the last quarter. Finally, Horizon Financial Services LLC acquired a new stake in Microsoft during the 1st quarter valued at approximately $80,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSFT. UBS Group reduced their target price on Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Mizuho increased their price objective on shares of Microsoft from $450.00 to $480.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Citigroup dropped their target price on shares of Microsoft from $520.00 to $500.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Bank of America increased their price target on shares of Microsoft from $480.00 to $510.00 and gave the stock a “buy” rating in a research report on Wednesday, July 17th. Finally, DA Davidson lowered Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price objective for the company. in a report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus price target of $495.68.

Insider Activity

In related news, insider Bradford L. Smith sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the sale, the insider now owns 544,847 shares of the company’s stock, valued at $219,349,953.73. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Amy Hood sold 38,000 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $410.55, for a total transaction of $15,600,900.00. Following the completion of the transaction, the chief financial officer now owns 496,369 shares in the company, valued at approximately $203,784,292.95. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the completion of the sale, the insider now owns 544,847 shares in the company, valued at $219,349,953.73. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 190,629 shares of company stock worth $77,916,485 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $418.78 on Tuesday. The business has a 50 day simple moving average of $419.90 and a 200 day simple moving average of $424.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market capitalization of $3.11 trillion, a price-to-earnings ratio of 36.26, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. Microsoft Co. has a 12-month low of $324.39 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. The company had revenue of $64.73 billion for the quarter, compared to analyst estimates of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period last year, the company earned $2.69 earnings per share. On average, equities research analysts anticipate that Microsoft Co. will post 13.02 EPS for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a $0.83 dividend. This is a positive change from Microsoft’s previous quarterly dividend of $0.75. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Thursday, November 21st. Microsoft’s dividend payout ratio is currently 28.74%.

Microsoft declared that its board has initiated a stock buyback plan on Monday, September 16th that authorizes the company to repurchase $60.00 billion in outstanding shares. This repurchase authorization authorizes the software giant to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

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.