HF Advisory Group LLC Grows Position in Microsoft Co. (NASDAQ:MSFT)

HF Advisory Group LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,022 shares of the software giant’s stock after acquiring an additional 135 shares during the quarter. Microsoft comprises approximately 2.3% of HF Advisory Group LLC’s portfolio, making the stock its 3rd biggest position. HF Advisory Group LLC’s holdings in Microsoft were worth $5,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of MSFT. Aaron Wealth Advisors LLC raised its holdings in Microsoft by 2.2% in the 4th quarter. Aaron Wealth Advisors LLC now owns 60,710 shares of the software giant’s stock worth $25,589,000 after acquiring an additional 1,321 shares during the last quarter. BNC Wealth Management LLC increased its holdings in shares of Microsoft by 3.4% in the 4th quarter. BNC Wealth Management LLC now owns 37,109 shares of the software giant’s stock worth $15,641,000 after purchasing an additional 1,231 shares in the last quarter. Sandy Cove Advisors LLC raised its stake in shares of Microsoft by 6.7% in the fourth quarter. Sandy Cove Advisors LLC now owns 13,516 shares of the software giant’s stock worth $5,697,000 after purchasing an additional 847 shares during the last quarter. Wealth Alliance Advisory Group LLC lifted its holdings in shares of Microsoft by 1.6% during the fourth quarter. Wealth Alliance Advisory Group LLC now owns 19,869 shares of the software giant’s stock valued at $8,375,000 after purchasing an additional 322 shares in the last quarter. Finally, Bowman & Co S.C. boosted its position in shares of Microsoft by 0.3% during the fourth quarter. Bowman & Co S.C. now owns 14,365 shares of the software giant’s stock valued at $6,057,000 after buying an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 2.1 %

NASDAQ MSFT opened at $388.49 on Tuesday. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.89 trillion, a PE ratio of 31.28, a P/E/G ratio of 2.21 and a beta of 0.90. The stock’s 50 day moving average is $419.75 and its 200 day moving average is $422.59.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate 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 prior year, the firm earned $2.93 EPS. Research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated 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 directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. DA Davidson reissued a “neutral” rating and issued a $425.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Wedbush restated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Mizuho lowered their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.