Ayrshire Capital Management LLC Has $12.31 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Ayrshire Capital Management LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 25.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,195 shares of the software giant’s stock after buying an additional 5,874 shares during the period. Microsoft comprises about 6.0% of Ayrshire Capital Management LLC’s investment portfolio, making the stock its largest position. Ayrshire Capital Management LLC’s holdings in Microsoft were worth $12,306,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction dated 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 transaction, the chief marketing officer now owns 49,352 shares in the company, valued at $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 8,000 shares of company stock worth $3,493,820 over the last 90 days. Insiders own 0.03% of the company’s stock.

Microsoft Stock Down 1.9 %

MSFT stock opened at $408.25 on Friday. 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 $3.03 trillion, a price-to-earnings ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. The business’s fifty day moving average price is $425.20 and its two-hundred day moving average price is $422.88. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 previous year, the business posted $2.93 EPS. On average, equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders 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 dividend payout ratio is presently 26.73%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Cantor Fitzgerald reissued an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. DA Davidson reaffirmed a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. UBS Group cut their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Finally, TD Cowen dropped their price objective on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.