Microsoft Co. (NASDAQ:MSFT) is Sivia Capital Partners LLC’s 5th Largest Position

Sivia Capital Partners LLC boosted its position in Microsoft Co. (NASDAQ:MSFT) by 3.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,159 shares of the software giant’s stock after purchasing an additional 582 shares during the period. Microsoft comprises 5.1% of Sivia Capital Partners LLC’s portfolio, making the stock its 5th biggest holding. Sivia Capital Partners LLC’s holdings in Microsoft were worth $8,674,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. 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 purchasing an additional 44 shares in the last quarter. Quarry LP purchased a new stake in Microsoft in the 2nd quarter worth about $45,000. Innealta Capital LLC bought a new stake in shares of Microsoft during the second quarter worth $75,000. Bellevue Group AG grew its stake in Microsoft by 47.5% in the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after acquiring an additional 58 shares in the last quarter. Finally, Bbjs Financial Advisors LLC increased its stake in shares of Microsoft by 241.4% during the second quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock valued at $169,000 after buying an additional 268 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Microsoft news, CEO Satya Nadella sold 78,353 shares of Microsoft stock in a transaction dated 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 sale, the chief executive officer now owns 864,327 shares of the company’s stock, valued at $353,189,942.01. This trade represents a 8.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bradford L. Smith sold 40,000 shares of the business’s stock in a transaction 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 directly owns 544,847 shares in the company, valued at approximately $219,349,953.73. This represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 212,931 shares of company stock worth $87,297,343 in the last quarter. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a research note on Friday, October 18th. Citigroup reduced their target price on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Sanford C. Bernstein dropped their price objective on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Truist Financial restated a “buy” rating and issued a $600.00 price target on shares of Microsoft in a research note on Monday, October 28th. Finally, DA Davidson lowered Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price objective on the stock. in a report on Monday, September 23rd. Three equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $503.03.

Microsoft Trading Up 1.8 %

Shares of Microsoft stock opened at $430.98 on Tuesday. The company’s fifty day simple moving average is $420.84 and its 200-day simple moving average is $426.55. Microsoft Co. has a 1 year low of $362.90 and a 1 year high of $468.35. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The company has a market cap of $3.20 trillion, a price-to-earnings ratio of 35.56, a PEG ratio of 2.25 and a beta of 0.91.

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. The firm had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.99 earnings per share. As a group, sell-side analysts expect that Microsoft Co. will post 12.93 EPS for the current year.

Microsoft declared that its board has approved 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 reacquire up to 1.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Microsoft Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.77%. This is a positive change from Microsoft’s previous quarterly dividend of $0.75. Microsoft’s dividend payout ratio is currently 27.39%.

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.