Microsoft Co. (NASDAQ:MSFT) Shares Bought by Campbell Capital Management Inc.

Campbell Capital Management Inc. increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,407 shares of the software giant’s stock after buying an additional 451 shares during the quarter. Microsoft accounts for approximately 9.3% of Campbell Capital Management Inc.’s holdings, making the stock its 3rd largest holding. Campbell Capital Management Inc.’s holdings in Microsoft were worth $23,411,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after purchasing an additional 38,422,466 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Microsoft by 0.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant’s stock worth $15,426,767,000 after buying an additional 97,075 shares during the period. Dimensional Fund Advisors LP lifted its stake in Microsoft by 6.9% in the second quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant’s stock valued at $10,768,771,000 after buying an additional 1,563,533 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Microsoft by 0.3% in the second quarter. Rhumbline Advisers now owns 14,738,956 shares of the software giant’s stock valued at $6,587,576,000 after buying an additional 45,220 shares during the period. Finally, Swedbank AB increased its position in shares of Microsoft by 0.4% during the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after acquiring an additional 49,288 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Activity at Microsoft

In related news, EVP Christopher David Young sold 7,200 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the transaction, the executive vice president now directly owns 103,366 shares of the company’s stock, valued at approximately $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Takeshi Numoto sold 1,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the transaction, the chief marketing officer now owns 57,511 shares in the company, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,200 shares of company stock worth $17,383,892 in the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft Trading Down 0.7 %

MSFT stock opened at $418.58 on Friday. Microsoft Co. has a one year low of $366.50 and a one year high of $468.35. The stock has a market cap of $3.11 trillion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90. The company has a fifty day moving average price of $428.83 and a two-hundred day moving average price of $428.45. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping the consensus estimate of $3.10 by $0.20. The business had revenue of $65.59 billion during the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. Microsoft’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.99 EPS. Equities analysts anticipate that Microsoft Co. will post 12.93 EPS for the current year.

Microsoft announced that its Board of Directors has initiated a share buyback program on Monday, September 16th that authorizes the company to buyback $60.00 billion in outstanding shares. This buyback authorization authorizes the software giant to reacquire up to 1.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.79%. Microsoft’s dividend payout ratio (DPR) is currently 27.39%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MSFT. DA Davidson cut shares of Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price objective on the stock. in a research report on Monday, September 23rd. UBS Group boosted their price target on Microsoft from $500.00 to $525.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Oppenheimer downgraded Microsoft from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 8th. Piper Sandler restated an “overweight” rating and issued a $470.00 target price on shares of Microsoft in a research note on Thursday, October 31st. Finally, Loop Capital upped their price target on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $509.90.

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.