Affinity Capital Advisors LLC Has $4.45 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Affinity Capital Advisors LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,544 shares of the software giant’s stock after purchasing an additional 90 shares during the quarter. Microsoft comprises 0.8% of Affinity Capital Advisors LLC’s portfolio, making the stock its 25th biggest holding. Affinity Capital Advisors LLC’s holdings in Microsoft were worth $4,454,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. BCK Partners Inc. raised its stake in shares of Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares during the period. Conscious Wealth Investments LLC increased its stake in Microsoft by 0.4% in the 2nd quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant’s stock worth $3,108,000 after acquiring an additional 25 shares during the last quarter. Global Wealth Strategies & Associates increased its stake in Microsoft by 0.8% in 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 during the last quarter. Christopher J. Hasenberg Inc increased its stake in 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 acquiring an additional 25 shares during the last quarter. Finally, Sequent Asset Management LLC increased its stake in Microsoft by 1.3% in 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 during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 1,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief marketing officer now owns 56,511 shares of the company’s stock, valued at approximately $23,931,278.28. This represents a 1.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 8,000 shares of company stock valued at $3,493,820. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on MSFT. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Stifel Nicolaus upped their price objective on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. BMO Capital Markets cut their price objective on Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Morgan Stanley cut their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Finally, Guggenheim reiterated 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 issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

Microsoft Trading Down 1.9 %

NASDAQ MSFT opened at $408.25 on Monday. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a 50 day simple moving average of $425.20 and a two-hundred day simple moving average of $423.04. The stock has a market cap of $3.03 trillion, a P/E ratio of 32.87, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last announced 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 return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the company posted $2.93 earnings per share. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company 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 $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 is currently 26.73%.

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.