Microsoft Co. (NASDAQ:MSFT) Holdings Raised by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE grew its stake in Microsoft Co. (NASDAQ:MSFT) by 0.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 15,328 shares of the software giant’s stock after buying an additional 46 shares during the quarter. Microsoft accounts for approximately 3.6% of Regency Capital Management Inc. DE’s portfolio, making the stock its 9th biggest position. Regency Capital Management Inc. DE’s holdings in Microsoft were worth $6,595,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Christopher J. Hasenberg Inc boosted its position in shares of Microsoft by 169.2% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter. Quarry LP acquired a new position in Microsoft in the second quarter valued at approximately $45,000. Innealta Capital LLC purchased a new position in Microsoft in the second quarter valued at approximately $75,000. Bellevue Group AG raised its holdings in Microsoft by 47.5% during the first quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after purchasing an additional 58 shares in the last quarter. Finally, Bbjs Financial Advisors LLC lifted its position in shares of Microsoft by 241.4% during the 2nd quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock worth $169,000 after buying an additional 268 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Up 0.5 %

Shares of MSFT opened at $417.79 on Wednesday. Microsoft Co. has a 52 week low of $362.90 and a 52 week high of $468.35. The firm has a market capitalization of $3.11 trillion, a P/E ratio of 34.47, a P/E/G ratio of 2.20 and a beta of 0.91. The company has a 50-day simple moving average of $422.62 and a 200-day simple moving average of $426.21. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The firm had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. During the same quarter in the prior year, the business posted $2.99 earnings per share. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. On average, equities research analysts expect that Microsoft Co. will post 12.94 earnings per share for the current year.

Microsoft announced that its board has initiated a share repurchase program on Monday, September 16th that allows the company to buyback $60.00 billion in shares. This buyback authorization allows the software giant to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are 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 $0.83 dividend. The ex-dividend date of this dividend is Thursday, November 21st. 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 yield of 0.79%. Microsoft’s payout ratio is 27.39%.

Insiders Place Their Bets

In other news, CEO Satya Nadella sold 78,353 shares of Microsoft stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total value of $32,017,386.39. Following the completion of the sale, the chief executive officer now directly owns 864,327 shares of the company’s stock, valued at approximately $353,189,942.01. This trade represents a 8.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $411.04, for a total transaction of $1,027,600.00. Following the completion of the transaction, the chief marketing officer now directly owns 50,000 shares in the company, valued at $20,552,000. This trade represents a 4.76 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 197,829 shares of company stock valued at $80,966,837. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently commented on MSFT shares. UBS Group cut their price target on shares of Microsoft from $510.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Wedbush reiterated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research report on Tuesday. Sanford C. Bernstein decreased their target price on Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. TD Cowen cut their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Finally, Piper Sandler reissued an “overweight” rating and issued a $470.00 price objective on shares of Microsoft in a report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $503.03.

Microsoft 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.