Grandview Asset Management LLC Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

Grandview Asset Management LLC purchased a new position in shares of Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 39,261 shares of the software giant’s stock, valued at approximately $16,549,000. Microsoft accounts for about 6.1% of Grandview Asset Management LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp grew its position in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. grew its position in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares during the period. Nicholas Investment Partners LP grew its position in shares of Microsoft by 3.0% during the 2nd quarter. Nicholas Investment Partners LP now owns 39,743 shares of the software giant’s stock valued at $17,763,000 after acquiring an additional 1,164 shares during the period. NRI Wealth Management LC acquired a new stake in shares of Microsoft during the 2nd quarter valued at about $2,863,000. Finally, Fairbanks Capital Management Inc. grew its position in shares of Microsoft by 1.7% during the 2nd quarter. Fairbanks Capital Management Inc. now owns 9,610 shares of the software giant’s stock valued at $4,295,000 after acquiring an additional 157 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction that occurred on Monday, December 9th. The shares were 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders sold 8,000 shares of company stock worth $3,493,820. Insiders own 0.03% of the company’s stock.

Microsoft Stock Down 1.9 %

MSFT stock opened at $408.25 on Friday. The firm has a market cap of $3.03 trillion, a PE ratio of 32.87, a PEG ratio of 2.20 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. The firm’s 50 day moving average price is $425.20 and its 200-day moving average price is $422.69. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate 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 quarter last year, the firm posted $2.93 EPS. On average, equities research analysts anticipate that Microsoft Co. will post 13.07 EPS for the current year.

Microsoft Dividend Announcement

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 $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.81%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

A number of research firms have recently commented on MSFT. Sanford C. Bernstein dropped their target price on Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. DA Davidson reiterated a “neutral” rating and issued a $425.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Finally, UBS Group lowered their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Three equities 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, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

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.