Integrated Investment Consultants LLC Has $11.44 Million Position in Microsoft Co. (NASDAQ:MSFT)

Integrated Investment Consultants LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,137 shares of the software giant’s stock after buying an additional 3,865 shares during the quarter. Microsoft comprises approximately 0.3% of Integrated Investment Consultants LLC’s investment portfolio, making the stock its 21st biggest position. Integrated Investment Consultants LLC’s holdings in Microsoft were worth $11,438,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. WFA Asset Management Corp boosted its holdings in shares of Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its holdings 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 in the last quarter. Quilter Plc boosted its holdings in shares of Microsoft by 1.6% during the 2nd quarter. Quilter Plc now owns 939,099 shares of the software giant’s stock valued at $419,730,000 after acquiring an additional 14,542 shares in the last quarter. Fairfield Financial Advisors LTD acquired a new stake in shares of Microsoft during the 2nd quarter valued at $8,712,000. Finally, Abound Wealth Management boosted its holdings in shares of Microsoft by 0.6% during the 2nd quarter. Abound Wealth Management now owns 5,648 shares of the software giant’s stock valued at $2,524,000 after acquiring an additional 35 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $397.12 on Friday. The stock has a fifty day simple moving average of $420.68 and a two-hundred day simple moving average of $422.73. Microsoft Co. has a 1-year low of $385.58 and a 1-year high of $468.35. The firm has a market cap of $2.95 trillion, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company earned $2.93 EPS. Analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

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 given a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.84%. Microsoft’s dividend payout ratio is currently 26.73%.

Insiders Place Their Bets

In related news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 7,000 shares of company stock worth $3,070,340 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on MSFT shares. Cantor Fitzgerald reissued an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. UBS Group cut 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. Morgan Stanley cut their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, Mizuho lowered their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.