Microsoft Co. (NASDAQ:MSFT) Shares Bought by Marion Wealth Management

Marion Wealth Management raised its stake in Microsoft Co. (NASDAQ:MSFT) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,242 shares of the software giant’s stock after acquiring an additional 159 shares during the quarter. Microsoft makes up approximately 1.7% of Marion Wealth Management’s investment portfolio, making the stock its 16th largest position. Marion Wealth Management’s holdings in Microsoft were worth $6,425,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Peddock Capital Advisors LLC raised its stake in shares of Microsoft by 1.2% during the 4th quarter. Peddock Capital Advisors LLC now owns 13,099 shares of the software giant’s stock worth $5,521,000 after buying an additional 154 shares during the period. Miracle Mile Advisors LLC raised its stake in shares of Microsoft by 20.5% during the 4th quarter. Miracle Mile Advisors LLC now owns 368,878 shares of the software giant’s stock worth $155,482,000 after buying an additional 62,854 shares during the period. Conrad Siegel Investment Advisors Inc. increased its position in shares of Microsoft by 1.2% during the fourth quarter. Conrad Siegel Investment Advisors Inc. now owns 4,136 shares of the software giant’s stock worth $1,743,000 after purchasing an additional 49 shares in the last quarter. Horizon Wealth Management LLC increased its position in shares of Microsoft by 0.4% during the fourth quarter. Horizon Wealth Management LLC now owns 11,721 shares of the software giant’s stock worth $4,940,000 after purchasing an additional 47 shares in the last quarter. Finally, Sunflower Bank N.A. increased its position in shares of Microsoft by 1.8% during the fourth quarter. Sunflower Bank N.A. now owns 7,394 shares of the software giant’s stock worth $3,117,000 after purchasing an additional 131 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSFT has been the subject of several research reports. Loop Capital boosted their price target on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. StockNews.com upgraded Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. DA Davidson reiterated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research report on Thursday, January 30th. BMO Capital Markets dropped their price target on Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Finally, Mizuho dropped their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average price target of $510.96.

Insider Buying and Selling at Microsoft

In related news, CMO Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $423.48, for a total transaction of $423,480.00. Following the completion of the transaction, the chief marketing officer now directly owns 56,511 shares of the company’s stock, valued at approximately $23,931,278.28. The trade was a 1.74 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 8,000 shares of company stock worth $3,493,820. 0.03% of the stock is currently owned by insiders.

Microsoft Trading Down 1.9 %

NASDAQ:MSFT opened at $408.25 on Friday. The stock’s 50 day moving average price is $425.20 and its 200 day moving average price is $422.69. The company has a market capitalization of $3.03 trillion, a PE ratio of 32.87, a P/E/G ratio of 2.20 and a beta of 0.90. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35.

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

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. Microsoft’s dividend payout ratio is presently 26.73%.

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.