Vinland Capital Management Gestora de Recursos LTDA. Increases Stake in Microsoft Co. (NASDAQ:MSFT)

Vinland Capital Management Gestora de Recursos LTDA. raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 38.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,800 shares of the software giant’s stock after buying an additional 500 shares during the period. Microsoft makes up approximately 1.8% of Vinland Capital Management Gestora de Recursos LTDA.’s portfolio, making the stock its 23rd largest position. Vinland Capital Management Gestora de Recursos LTDA.’s holdings in Microsoft were worth $775,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MSFT. Christopher J. Hasenberg Inc increased its holdings in Microsoft by 169.2% in the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock valued at $31,000 after buying an additional 44 shares during the last quarter. Quarry LP acquired a new stake in shares of Microsoft during the 2nd quarter worth about $45,000. Innealta Capital LLC purchased a new stake in Microsoft during the second quarter worth approximately $75,000. Carolina Wealth Advisors LLC increased its stake in Microsoft by 10.1% in the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock valued at $145,000 after purchasing an additional 31 shares during the last quarter. Finally, Bbjs Financial Advisors LLC raised its holdings in Microsoft by 241.4% during the second quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock worth $169,000 after purchasing an additional 268 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were 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 owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the sale, the executive vice president now directly owns 117,294 shares in the company, 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 a total of 41,200 shares of company stock valued at $17,383,892 over the last three months. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

Shares of MSFT stock opened at $424.83 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The stock has a market cap of $3.16 trillion, a PE ratio of 35.05, a P/E/G ratio of 2.37 and a beta of 0.90. Microsoft Co. has a 1 year low of $366.50 and a 1 year high of $468.35. The stock has a fifty day moving average price of $428.90 and a 200 day moving average price of $428.85.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $64.57 billion. During the same period in the prior year, the company earned $2.99 EPS. The firm’s revenue was up 16.0% on a year-over-year basis. Sell-side analysts forecast that Microsoft Co. will post 12.93 earnings per share for the current fiscal year.

Microsoft announced that its board has initiated a share repurchase plan on Monday, September 16th that authorizes the company to repurchase $60.00 billion in shares. This repurchase authorization authorizes the software giant to repurchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, February 20th. Microsoft’s payout ratio is 27.39%.

Analysts Set New Price Targets

A number of research analysts recently commented on MSFT shares. Loop Capital increased their target price on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Sanford C. Bernstein reduced their target price on Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Wedbush reaffirmed an “outperform” rating and set a $550.00 price target on shares of Microsoft in a research report on Tuesday, November 19th. Piper Sandler reissued an “overweight” rating and issued a $470.00 price objective on shares of Microsoft in a report on Thursday, October 31st. Finally, BMO Capital Markets cut their target price on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $509.90.

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.