AlphaMark Advisors LLC Has $494,000 Stock Position in Microsoft Co. (NASDAQ:MSFT)

AlphaMark Advisors LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 19.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,173 shares of the software giant’s stock after acquiring an additional 187 shares during the quarter. AlphaMark Advisors LLC’s holdings in Microsoft were worth $494,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Geode Capital Management LLC raised its stake in shares of Microsoft by 2.0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Microsoft by 4.1% during the third 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 worth $23,490,417,000 after buying an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Microsoft by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC grew its position in Microsoft by 48,526.1% in 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 acquiring an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Microsoft by 1.1% during the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after buying an additional 406,940 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Loop Capital increased their price target 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. Wedbush reaffirmed an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a research report on Tuesday, November 19th. TD Cowen decreased their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Finally, Guggenheim reissued a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $510.96.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $423.48, for a total transaction of $423,480.00. Following the completion of the sale, the chief marketing officer now owns 56,511 shares in the company, valued at $23,931,278.28. This represents a 1.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 8,000 shares of company stock valued at $3,493,820 in the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of Microsoft stock opened at $416.13 on Friday. The firm has a market cap of $3.09 trillion, a PE ratio of 33.50, a PEG ratio of 2.17 and a beta of 0.90. The stock has a 50 day moving average of $425.98 and a 200 day moving average of $422.79. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 last year, the firm posted $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.07 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

About Microsoft

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.