Arvin Capital Management LP Has $8.12 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Arvin Capital Management LP raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 19.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 18,868 shares of the software giant’s stock after acquiring an additional 3,098 shares during the quarter. Microsoft makes up about 2.6% of Arvin Capital Management LP’s portfolio, making the stock its 16th largest holding. Arvin Capital Management LP’s holdings in Microsoft were worth $8,119,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. First National Bank Sioux Falls grew its stake in shares of Microsoft by 0.4% during the 2nd quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant’s stock worth $2,834,000 after acquiring an additional 24 shares during the period. BCK Partners Inc. lifted its holdings in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares during the last quarter. Massachusetts Wealth Management boosted its position in Microsoft by 0.3% during the second quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock worth $4,309,000 after purchasing an additional 25 shares during the period. Deseret Mutual Benefit Administrators increased its stake in shares of Microsoft by 0.8% in the second quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock worth $1,455,000 after purchasing an additional 25 shares in the last quarter. Finally, Conscious Wealth Investments LLC raised its position in shares of Microsoft by 0.4% in the second quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant’s stock valued at $3,108,000 after purchasing an additional 25 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.2 %

MSFT stock opened at $413.29 on Thursday. The company has a market capitalization of $3.07 trillion, a PE ratio of 33.28, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The company’s 50 day moving average price is $432.06 and its two-hundred day moving average price is $424.01.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the firm posted $2.93 EPS. As a group, analysts predict that Microsoft Co. will post 13.03 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is presently 26.73%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Citigroup reduced their price objective on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. reduced their price target on Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Wells Fargo & Company reissued a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Truist Financial reaffirmed a “buy” rating and set a $600.00 target price on shares of Microsoft in a report on Monday, October 28th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Insider Buying and Selling

In other Microsoft news, EVP Christopher David Young sold 7,200 shares of the stock in a transaction on 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 completion of the sale, the executive vice president now owns 103,366 shares of the company’s stock, valued at $43,792,039.56. This represents a 6.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction 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 sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,200 shares of company stock worth $17,383,892 in the last ninety days. 0.03% of the stock is owned by insiders.

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.