Microsoft Co. (NASDAQ:MSFT) is Intrinsic Value Partners LLC’s 7th Largest Position

Intrinsic Value Partners LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,914 shares of the software giant’s stock after selling 91 shares during the quarter. Microsoft makes up about 3.8% of Intrinsic Value Partners LLC’s holdings, making the stock its 7th largest position. Intrinsic Value Partners LLC’s holdings in Microsoft were worth $3,836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC raised its stake in Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares during the last quarter. Wulff Hansen & CO. grew its stake in shares of Microsoft by 47,196.6% in the 2nd quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant’s stock valued at $2,160,850,000 after purchasing an additional 4,824,436 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Microsoft by 67.5% in the third quarter. Assenagon Asset Management S.A. now owns 5,963,863 shares of the software giant’s stock valued at $2,566,250,000 after purchasing an additional 2,404,348 shares during the period. AustralianSuper Pty Ltd raised its stake in shares of Microsoft by 56.9% during the third quarter. AustralianSuper Pty Ltd now owns 5,344,566 shares of the software giant’s stock worth $2,299,767,000 after purchasing an additional 1,938,304 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of Microsoft by 31,648.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,871,892 shares of the software giant’s stock worth $8,366,000 after purchasing an additional 1,865,996 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $415.67 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. The firm has a market capitalization of $3.09 trillion, a PE ratio of 34.30, a P/E/G ratio of 2.37 and a beta of 0.90. Microsoft Co. has a 1-year low of $384.81 and a 1-year high of $468.35. The business’s fifty day moving average price is $429.08 and its two-hundred day moving average price is $426.72.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business had revenue of $65.59 billion for the quarter, compared to analysts’ expectations of $64.57 billion. During the same quarter last year, the company earned $2.99 EPS. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. On average, research analysts expect that Microsoft Co. will post 12.93 EPS 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 dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.80%. Microsoft’s payout ratio is 27.39%.

Insiders Place Their Bets

In other news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the transaction, the executive vice president now owns 117,294 shares of the company’s stock, valued at $48,911,598. The trade was a 17.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares in the company, valued at $23,850,961.92. This represents a 1.71 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Loop Capital raised their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Oppenheimer downgraded shares of Microsoft from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 8th. Morgan Stanley boosted their target price on Microsoft from $506.00 to $548.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Truist Financial reissued a “buy” rating and set a $600.00 target price on shares of Microsoft in a research note on Monday, October 28th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $511.62.

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.