Raab & Moskowitz Asset Management LLC Buys 168 Shares of Microsoft Co. (NASDAQ:MSFT)

Raab & Moskowitz Asset Management LLC grew its stake in Microsoft Co. (NASDAQ:MSFT) by 0.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,121 shares of the software giant’s stock after purchasing an additional 168 shares during the period. Microsoft makes up approximately 3.7% of Raab & Moskowitz Asset Management LLC’s portfolio, making the stock its 4th biggest holding. Raab & Moskowitz Asset Management LLC’s holdings in Microsoft were worth $14,682,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Christopher J. Hasenberg Inc grew its holdings in Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares during the period. Quarry LP acquired a new position in Microsoft during the second quarter worth $45,000. MidAtlantic Capital Management Inc. acquired a new position in Microsoft during the third quarter worth $62,000. Carolina Wealth Advisors LLC grew its holdings in Microsoft by 10.1% during the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock worth $145,000 after acquiring an additional 31 shares during the period. Finally, MayTech Global Investments LLC acquired a new position in Microsoft during the second quarter worth $200,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity

In other news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the sale, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares of the company’s stock, valued at approximately $48,911,598. This trade represents a 17.57 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $409.75 on Monday. The firm has a market capitalization of $3.05 trillion, a PE ratio of 32.99, a P/E/G ratio of 2.21 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The business has a 50-day moving average of $431.44 and a two-hundred day moving average of $423.56. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the company earned $2.93 earnings per share. As a group, research analysts forecast that Microsoft Co. will post 13.07 earnings per share for the current year.

Microsoft Announces Dividend

The business 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 $0.83 dividend. 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 0.81%. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

Analyst Ratings Changes

MSFT has been the topic of a number of recent analyst reports. Loop Capital upped their price objective on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. KeyCorp boosted their target price on Microsoft from $490.00 to $505.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Wells Fargo & Company reiterated a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Finally, BMO Capital Markets reduced their price objective on Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.