Wealth Management Partners LLC Acquires 339 Shares of Microsoft Co. (NASDAQ:MSFT)

Wealth Management Partners LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,944 shares of the software giant’s stock after purchasing an additional 339 shares during the quarter. Microsoft comprises about 4.2% of Wealth Management Partners LLC’s portfolio, making the stock its 6th biggest position. Wealth Management Partners LLC’s holdings in Microsoft were worth $9,671,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSFT. WFA Asset Management Corp increased its position in 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 buying an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its position in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares in the last quarter. Beck Bode LLC increased its position in Microsoft by 37.3% in the 2nd quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock valued at $17,856,000 after buying an additional 10,847 shares in the last quarter. Kendall Capital Management increased its position in Microsoft by 5.0% in the 2nd quarter. Kendall Capital Management now owns 2,169 shares of the software giant’s stock valued at $969,000 after buying an additional 103 shares in the last quarter. Finally, AllGen Financial Advisors Inc. increased its position in Microsoft by 0.7% in the 2nd quarter. AllGen Financial Advisors Inc. now owns 13,942 shares of the software giant’s stock valued at $6,231,000 after buying an additional 92 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on MSFT shares. Morgan Stanley decreased their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Wedbush reaffirmed an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Finally, StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Four research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $510.96.

Insider Activity at Microsoft

In other Microsoft 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 transaction of $1,118,525.00. Following the sale, the chief marketing officer now owns 49,352 shares in the company, valued at $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is owned by company insiders.

Microsoft Price Performance

Microsoft stock opened at $401.02 on Thursday. Microsoft Co. has a 12 month low of $381.00 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 business’s 50 day simple moving average is $417.97 and its 200 day simple moving average is $422.24. The company has a market cap of $2.98 trillion, a price-to-earnings ratio of 32.29, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 period in the prior year, the business earned $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

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.