Werba Rubin Papier Wealth Management Grows Stock Position in Microsoft Co. (NASDAQ:MSFT)

Werba Rubin Papier Wealth Management increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 10.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,159 shares of the software giant’s stock after buying an additional 852 shares during the period. Microsoft comprises about 0.9% of Werba Rubin Papier Wealth Management’s holdings, making the stock its 17th largest position. Werba Rubin Papier Wealth Management’s holdings in Microsoft were worth $3,941,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Rebalance LLC boosted its stake in shares of Microsoft by 0.7% during the 2nd quarter. Rebalance LLC now owns 3,451 shares of the software giant’s stock valued at $1,542,000 after buying an additional 24 shares during the last quarter. First National Bank Sioux Falls boosted its stake in shares of Microsoft by 0.4% during the 2nd quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant’s stock valued at $2,834,000 after buying an additional 24 shares during the last quarter. Flagship Private Wealth LLC boosted its stake in shares of Microsoft by 2.8% during the 2nd quarter. Flagship Private Wealth LLC now owns 913 shares of the software giant’s stock valued at $408,000 after buying an additional 25 shares during the last quarter. Massachusetts Wealth Management boosted its stake in shares of Microsoft by 0.3% during the 2nd quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock valued at $4,309,000 after buying an additional 25 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its stake in Microsoft by 0.8% during the second quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock worth $1,455,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on MSFT shares. Truist Financial restated a “buy” rating and set a $600.00 price objective on shares of Microsoft in a research note on Monday, October 28th. Piper Sandler restated an “overweight” rating and set a $470.00 price objective on shares of Microsoft in a research note on Thursday, October 31st. Wedbush restated an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a research note on Friday, October 18th. Finally, The Goldman Sachs Group reduced their price objective on Microsoft from $515.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Two analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $504.36.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the transaction, the executive vice president now directly owns 117,294 shares of the company’s stock, valued at $48,911,598. This represents a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,200 shares of company stock valued at $17,383,892 over the last ninety days. 0.03% of the stock is owned by insiders.

Microsoft Stock Up 0.1 %

MSFT opened at $449.56 on Friday. Microsoft Co. has a fifty-two week low of $364.13 and a fifty-two week high of $468.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. The firm’s fifty day moving average price is $422.87 and its two-hundred day moving average price is $427.35. The company has a market capitalization of $3.34 trillion, a P/E ratio of 37.09, a P/E/G ratio of 2.37 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.20. The company had revenue of $65.59 billion during the quarter, compared to analysts’ expectations of $64.57 billion. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business’s revenue was up 16.0% on a year-over-year basis. During the same period last year, the business earned $2.99 earnings per share. On average, analysts anticipate that Microsoft Co. will post 12.93 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s dividend payout ratio is 27.39%.

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

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.