Unison Asset Management LLC Has $9.07 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Unison Asset Management LLC cut its stake in Microsoft Co. (NASDAQ:MSFT) by 0.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,085 shares of the software giant’s stock after selling 30 shares during the period. Microsoft comprises about 4.3% of Unison Asset Management LLC’s investment portfolio, making the stock its 10th largest position. Unison Asset Management LLC’s holdings in Microsoft were worth $9,073,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Mirabella Financial Services LLP grew its stake in Microsoft by 43.5% in the 3rd quarter. Mirabella Financial Services LLP now owns 14,699 shares of the software giant’s stock worth $6,198,000 after acquiring an additional 4,455 shares in the last quarter. Hancock Whitney Corp boosted its holdings in shares of Microsoft by 3.7% in the third quarter. Hancock Whitney Corp now owns 314,839 shares of the software giant’s stock valued at $135,475,000 after purchasing an additional 11,215 shares during the period. Truvestments Capital LLC grew its stake in Microsoft by 71.0% in the third quarter. Truvestments Capital LLC now owns 15,555 shares of the software giant’s stock worth $6,693,000 after purchasing an additional 6,459 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings in Microsoft by 9.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,799,582 shares of the software giant’s stock worth $774,360,000 after purchasing an additional 153,123 shares during the period. Finally, Harvest Fund Management Co. Ltd raised its position in Microsoft by 26.0% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 271,176 shares of the software giant’s stock valued at $116,619,000 after purchasing an additional 55,987 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several research reports. Piper Sandler restated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. StockNews.com raised shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. lowered their price target on shares of Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Wells Fargo & Company reissued a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Finally, The Goldman Sachs Group lowered their target price on Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

Microsoft Stock Up 0.0 %

Microsoft stock opened at $415.06 on Friday. The business’s 50-day simple moving average is $432.56 and its two-hundred day simple moving average is $424.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The company has a market cap of $3.09 trillion, a PE ratio of 33.42, a PEG ratio of 2.38 and a beta of 0.90. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its 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 34.38% and a net margin of 35.43%. During the same period last year, the company earned $2.93 EPS. Equities analysts anticipate that Microsoft Co. will post 12.89 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors 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 annualized dividend and a dividend yield of 0.80%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Insider Activity at Microsoft

In related news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the completion of the transaction, the executive vice president now directly owns 117,294 shares in the company, valued at approximately $48,911,598. This trade represents a 17.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,200 shares of company stock worth $17,383,892 over the last three months. Company insiders own 0.03% of the company’s stock.

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.