Quantum Financial Advisors LLC Acquires 504 Shares of Microsoft Co. (NASDAQ:MSFT)

Quantum Financial Advisors LLC raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,790 shares of the software giant’s stock after purchasing an additional 504 shares during the quarter. Microsoft accounts for approximately 0.9% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Quantum Financial Advisors LLC’s holdings in Microsoft were worth $6,655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in MSFT. BCK Partners Inc. lifted its holdings in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after acquiring an additional 24 shares during the period. Conscious Wealth Investments LLC lifted its holdings in Microsoft by 0.4% in the second quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant’s stock valued at $3,108,000 after acquiring an additional 25 shares during the period. Global Wealth Strategies & Associates lifted its holdings in Microsoft by 0.8% in the third quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after acquiring an additional 25 shares during the period. Christopher J. Hasenberg Inc lifted its holdings in Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares during the period. Finally, Sequent Asset Management LLC raised its stake in shares of Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after buying an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Insider Activity

In other 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 value of $423,480.00. Following the transaction, the chief marketing officer now owns 56,511 shares of the company’s stock, valued at $23,931,278.28. This represents a 1.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 8,000 shares of company stock valued at $3,493,820 in the last quarter. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on MSFT shares. Wedbush reaffirmed an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. JPMorgan Chase & Co. reduced their target price on Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research note on Thursday, October 31st. UBS Group reduced their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Stifel Nicolaus upped their target price on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $425.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $510.96.

Microsoft Stock Down 1.9 %

Shares of NASDAQ:MSFT opened at $408.25 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The business has a fifty day moving average of $425.20 and a two-hundred day moving average of $422.88. The stock has a market cap of $3.03 trillion, a P/E ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 period in the previous year, the company posted $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. 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.