Gill Capital Partners LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Gill Capital Partners LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 4.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,471 shares of the software giant’s stock after acquiring an additional 296 shares during the quarter. Microsoft accounts for about 1.1% of Gill Capital Partners LLC’s investment portfolio, making the stock its 24th largest holding. Gill Capital Partners LLC’s holdings in Microsoft were worth $3,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of MSFT. WFA Asset Management Corp boosted its holdings in 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 stake in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after buying an additional 38 shares during the last quarter. Quilter Plc grew its stake in shares of Microsoft by 1.6% in the 2nd quarter. Quilter Plc now owns 939,099 shares of the software giant’s stock worth $419,730,000 after buying an additional 14,542 shares during the last quarter. Fairfield Financial Advisors LTD purchased a new stake in shares of Microsoft in the 2nd quarter worth approximately $8,712,000. Finally, Abound Wealth Management grew its stake in shares of Microsoft by 0.6% in the 2nd quarter. Abound Wealth Management now owns 5,648 shares of the software giant’s stock worth $2,524,000 after buying an additional 35 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $437.32, for a total transaction of $874,640.00. Following the sale, the chief marketing officer now directly owns 51,852 shares of the company’s stock, valued at $22,675,916.64. This trade represents a 3.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 7,000 shares of company stock valued at $3,070,340 over the last ninety days. 0.03% of the stock is currently owned by company insiders.

Microsoft Price Performance

NASDAQ:MSFT opened at $397.12 on Friday. 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 business’s 50-day simple moving average is $420.68 and its two-hundred day simple moving average is $422.73. The stock has a market cap of $2.95 trillion, a PE ratio of 31.97, a P/E/G 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 posted its quarterly 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the firm earned $2.93 EPS. As a group, analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued 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 0.84%. Microsoft’s dividend payout ratio is presently 26.73%.

Wall Street Analyst Weigh In

MSFT has been the topic of several recent analyst reports. DA Davidson reiterated a “neutral” rating and set a $425.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research note on Wednesday, January 29th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Wedbush reiterated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Finally, Mizuho cut their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.