Kathmere Capital Management LLC Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)

Kathmere Capital Management LLC boosted its position in Microsoft Co. (NASDAQ:MSFT) by 23.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,100 shares of the software giant’s stock after purchasing an additional 5,325 shares during the quarter. Microsoft comprises 1.1% of Kathmere Capital Management LLC’s investment portfolio, making the stock its 28th biggest position. Kathmere Capital Management LLC’s holdings in Microsoft were worth $11,844,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc raised its stake in Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares in the last quarter. Quarry LP bought a new position in shares of Microsoft in the 2nd quarter worth $45,000. Avondale Wealth Management raised its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft during the 3rd quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the fourth quarter worth $141,000. 71.13% of the stock is owned by institutional investors.

Microsoft Trading Down 1.9 %

MSFT opened at $408.25 on Monday. The business has a 50 day moving average of $425.20 and a 200-day moving average of $423.04. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock has a market cap of $3.03 trillion, a PE ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 quarter in the previous year, the firm posted $2.93 EPS. Equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the sale, the chief marketing officer now directly owns 53,852 shares of the company’s stock, valued at approximately $23,203,211.24. This represents a 4.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 8,000 shares of company stock valued at $3,493,820 in the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MSFT shares. 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 note on Thursday, October 31st. Loop Capital boosted their target price on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. TD Cowen reduced their price target on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Mizuho decreased their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Finally, Morgan Stanley cut their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note 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 stock. According to data from MarketBeat, the company presently 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.