Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Mosaic Financial Group LLC

Mosaic Financial Group LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 5.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,856 shares of the software giant’s stock after purchasing an additional 945 shares during the period. Microsoft accounts for approximately 5.8% of Mosaic Financial Group LLC’s holdings, making the stock its 3rd largest holding. Mosaic Financial Group LLC’s holdings in Microsoft were worth $8,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after purchasing an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. increased its position in Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after buying an additional 652,493 shares during the last quarter. International Assets Investment Management LLC increased its position in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after buying an additional 38,422,466 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Microsoft by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant’s stock worth $15,426,767,000 after acquiring an additional 97,075 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in shares of Microsoft by 2.3% during the third quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant’s stock worth $12,007,285,000 after acquiring an additional 636,713 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Down 1.5 %

Shares of NASDAQ:MSFT opened at $409.75 on Monday. The firm has a fifty day moving average price of $431.44 and a two-hundred day moving average price of $423.56. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The company has a market cap of $3.05 trillion, a price-to-earnings ratio of 32.99, a PEG ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the prior year, the business posted $2.93 earnings per share. Analysts anticipate that Microsoft Co. will post 13.07 EPS for the current fiscal year.

Microsoft Dividend Announcement

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 given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s payout ratio is presently 26.73%.

Insider Buying and Selling at Microsoft

In related news, 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 transaction of $3,050,352.00. Following the sale, the executive vice president now owns 103,366 shares of the company’s stock, valued at $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the transaction, the chief marketing officer now owns 57,511 shares in the company, valued at approximately $23,850,961.92. This represents a 1.71 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Loop Capital boosted their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Mizuho cut their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company reissued a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Sanford C. Bernstein cut their price objective on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.