Gilbert & Cook Inc. Has $5.20 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Gilbert & Cook Inc. decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,076 shares of the software giant’s stock after selling 188 shares during the quarter. Microsoft comprises approximately 0.7% of Gilbert & Cook Inc.’s investment portfolio, making the stock its 15th biggest holding. Gilbert & Cook Inc.’s holdings in Microsoft were worth $5,196,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc boosted its holdings in shares of 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 period. Quarry LP bought a new stake in shares of Microsoft in the second quarter worth $45,000. Innealta Capital LLC bought a new stake in shares of Microsoft in the second quarter worth $75,000. Carolina Wealth Advisors LLC lifted its position in shares of Microsoft by 10.1% in the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock worth $145,000 after purchasing an additional 31 shares in the last quarter. Finally, MayTech Global Investments LLC bought a new stake in shares of Microsoft in the second quarter worth $200,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of research reports. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Tuesday, November 5th. Wells Fargo & Company reissued a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. KeyCorp upped their price target on shares of Microsoft from $490.00 to $505.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Finally, Sanford C. Bernstein dropped their price target on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $512.66.

Microsoft Trading Up 0.1 %

MSFT stock opened at $446.71 on Friday. 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 company’s 50-day simple moving average is $430.07 and its 200 day simple moving average is $425.55. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35. The company has a market capitalization of $3.32 trillion, a PE ratio of 36.86, a price-to-earnings-growth ratio of 2.28 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating 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 business had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. During the same period in the prior year, the company posted $2.99 earnings per share. Microsoft’s revenue was up 16.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Microsoft Co. will post 12.91 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders 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 yield of 0.74%. Microsoft’s payout ratio is 27.39%.

Insiders Place Their Bets

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

Microsoft 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.