L.M. Kohn & Company Boosts Stock Position in Microsoft Co. (NASDAQ:MSFT)

L.M. Kohn & Company lifted its position in Microsoft Co. (NASDAQ:MSFT) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,102 shares of the software giant’s stock after acquiring an additional 676 shares during the period. Microsoft accounts for about 3.0% of L.M. Kohn & Company’s investment portfolio, making the stock its 6th largest holding. L.M. Kohn & Company’s holdings in Microsoft were worth $11,662,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSFT. Christopher J. Hasenberg Inc boosted its position in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares in the last quarter. Quarry LP purchased a new position in Microsoft during the second quarter valued at $45,000. MidAtlantic Capital Management Inc. bought a new stake in Microsoft in the third quarter worth $62,000. Carolina Wealth Advisors LLC grew its stake in shares of Microsoft by 10.1% in the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock worth $145,000 after acquiring an additional 31 shares during the last quarter. Finally, MayTech Global Investments LLC bought a new position in shares of Microsoft during the second quarter valued at $200,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

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 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher David Young sold 7,200 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total value of $3,050,352.00. Following the completion of the transaction, the executive vice president now owns 103,366 shares in the company, valued at $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,200 shares of company stock valued at $17,383,892. 0.03% of the stock is owned by corporate insiders.

Microsoft Trading Up 0.4 %

Shares of Microsoft stock opened at $412.37 on Wednesday. Microsoft Co. has a 1-year low of $385.58 and a 1-year high of $468.35. The company’s fifty day simple moving average is $432.37 and its 200-day simple moving average is $424.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market capitalization of $3.07 trillion, a PE ratio of 33.20, a P/E/G ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter in the prior year, the firm earned $2.93 EPS. As a group, equities analysts anticipate that Microsoft Co. will post 13.03 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors 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 dividend on an annualized basis and a dividend yield of 0.81%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of analyst reports. BMO Capital Markets dropped their price target on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Morgan Stanley dropped their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Sanford C. Bernstein reduced their price target on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Finally, Oppenheimer downgraded Microsoft from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 8th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus 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.