Thompson Siegel & Walmsley LLC Acquires 8,692 Shares of Microsoft Co. (NASDAQ:MSFT)

Thompson Siegel & Walmsley LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 101,990 shares of the software giant’s stock after purchasing an additional 8,692 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Microsoft were worth $43,886,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Christopher J. Hasenberg Inc grew its position in shares of Microsoft by 169.2% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock valued at $31,000 after acquiring an additional 44 shares during the period. Quarry LP bought a new stake in shares of Microsoft during the second quarter valued at about $45,000. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft in the 3rd quarter worth approximately $62,000. Innealta Capital LLC purchased a new position in Microsoft during the second quarter worth about $75,000. Finally, Carolina Wealth Advisors LLC increased 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 during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Up 2.9 %

MSFT opened at $447.24 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The stock has a market capitalization of $3.33 trillion, a price-to-earnings ratio of 36.90, a PEG ratio of 2.40 and a beta of 0.90. The firm has a 50 day moving average price of $431.42 and a 200-day moving average price of $425.08.

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. The firm had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.99 EPS. Equities research analysts forecast that Microsoft Co. will post 12.9 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is currently 27.39%.

Analyst Ratings Changes

MSFT has been the topic of a number of research reports. Oppenheimer downgraded Microsoft from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 8th. The Goldman Sachs Group dropped their target price on Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. Mizuho lifted their price target on shares of Microsoft from $480.00 to $510.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday. Finally, Citigroup decreased their target price on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Three 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 company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $512.66.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares in the company, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were 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 approximately $48,911,598. The trade was a 17.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock worth $17,383,892 over the last three months. 0.03% of the stock is currently owned by company insiders.

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.