Wolff Wiese Magana LLC Buys 229 Shares of Microsoft Co. (NASDAQ:MSFT)

Wolff Wiese Magana LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,094 shares of the software giant’s stock after acquiring an additional 229 shares during the period. Microsoft makes up 3.4% of Wolff Wiese Magana LLC’s holdings, making the stock its 2nd biggest holding. Wolff Wiese Magana LLC’s holdings in Microsoft were worth $5,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wiser Wealth Management Inc boosted its position in shares of Microsoft by 20.8% during the 4th quarter. Wiser Wealth Management Inc now owns 3,086 shares of the software giant’s stock worth $1,301,000 after purchasing an additional 532 shares during the period. Nabity Jensen Investment Management Inc lifted its stake in Microsoft by 3.6% during the fourth quarter. Nabity Jensen Investment Management Inc now owns 6,728 shares of the software giant’s stock worth $2,836,000 after purchasing an additional 235 shares in the last quarter. Brendel Financial Advisors LLC boosted its position in shares of Microsoft by 3.9% during the fourth quarter. Brendel Financial Advisors LLC now owns 8,276 shares of the software giant’s stock worth $3,488,000 after buying an additional 312 shares during the period. Founders Grove Wealth Partners LLC acquired a new stake in shares of Microsoft in the fourth quarter valued at $5,778,000. Finally, S.E.E.D. Planning Group LLC lifted its stake in Microsoft by 5.3% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 26,819 shares of the software giant’s stock worth $11,304,000 after acquiring an additional 1,347 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction 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 transaction, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders have sold 8,000 shares of company stock valued at $3,493,820. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on MSFT shares. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. TD Cowen cut their target price on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Morgan Stanley reduced their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Stifel Nicolaus lifted their target price on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, UBS Group cut their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Stock Performance

Shares of Microsoft stock opened at $404.00 on Tuesday. The stock has a market capitalization of $3.00 trillion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.21 and a beta of 0.90. The firm’s fifty day simple moving average is $424.25 and its 200-day simple moving average is $423.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12 month low of $385.58 and a 12 month 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 period in the previous year, the business earned $2.93 earnings per share. As a group, equities analysts forecast that Microsoft Co. will post 13.08 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. Shareholders of record on Thursday, February 20th will be paid a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.82%. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

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.