AHL Investment Management Inc. Has $7.86 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

AHL Investment Management Inc. reduced its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,270 shares of the software giant’s stock after selling 130 shares during the period. Microsoft comprises about 5.4% of AHL Investment Management Inc.’s investment portfolio, making the stock its 2nd biggest position. AHL Investment Management Inc.’s holdings in Microsoft were worth $7,862,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Invictus Private Wealth LLC boosted its holdings in Microsoft by 1.0% during the third quarter. Invictus Private Wealth LLC now owns 90,577 shares of the software giant’s stock valued at $38,975,000 after purchasing an additional 927 shares in the last quarter. Wisconsin Capital Management LLC lifted its position in shares of Microsoft by 1.6% during the 3rd quarter. Wisconsin Capital Management LLC now owns 25,813 shares of the software giant’s stock worth $11,107,000 after buying an additional 412 shares during the period. Financial Security Advisor Inc. boosted its stake in Microsoft by 5.5% in the 3rd quarter. Financial Security Advisor Inc. now owns 30,087 shares of the software giant’s stock valued at $12,946,000 after buying an additional 1,577 shares in the last quarter. Avidian Wealth Enterprises LLC grew its position in Microsoft by 2.1% in the third quarter. Avidian Wealth Enterprises LLC now owns 38,872 shares of the software giant’s stock valued at $16,727,000 after acquiring an additional 782 shares during the period. Finally, Marks Group Wealth Management Inc raised its stake in Microsoft by 2.5% during the third quarter. Marks Group Wealth Management Inc now owns 31,381 shares of the software giant’s stock worth $13,503,000 after acquiring an additional 762 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total value of $10,425,000.00. Following the sale, the executive vice president now owns 117,294 shares of the company’s stock, valued at $48,911,598. This trade represents a 17.57 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CMO Takeshi Numoto sold 1,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the sale, the chief marketing officer now owns 57,511 shares in the company, valued at approximately $23,850,961.92. This trade represents a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 41,200 shares of company stock valued at $17,383,892 over the last 90 days. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

Shares of MSFT stock opened at $422.37 on Wednesday. The stock has a market cap of $3.14 trillion, a PE ratio of 34.85, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90. The stock has a 50-day moving average of $428.45 and a 200-day moving average of $427.79. 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 Co. has a one year low of $369.01 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share 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 company had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. During the same period last year, the business posted $2.99 earnings per share. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. As a group, sell-side analysts expect that Microsoft Co. will post 12.93 earnings per share for the current year.

Microsoft announced that its board has approved a stock buyback plan on Monday, September 16th that permits the company to repurchase $60.00 billion in outstanding shares. This repurchase authorization permits the software giant to buy up to 1.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Microsoft Announces Dividend

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

Analyst Ratings Changes

MSFT has been the topic of several recent analyst reports. BMO Capital Markets reduced their target price on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Stifel Nicolaus boosted their price target on shares of Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. StockNews.com raised shares of Microsoft from a “hold” rating to a “buy” rating in a report on Monday. UBS Group boosted their target price on Microsoft from $500.00 to $525.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, Morgan Stanley increased their price target on Microsoft from $506.00 to $548.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $511.62.

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.