19,468 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Pines Wealth Management LLC

Pines Wealth Management LLC bought a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,468 shares of the software giant’s stock, valued at approximately $8,156,000. Microsoft comprises approximately 3.6% of Pines Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding.

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

Microsoft Price Performance

MSFT opened at $408.25 on Monday. 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 market capitalization of $3.03 trillion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The stock’s 50 day moving average price is $425.20 and its 200-day moving average price is $423.04. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the company posted $2.93 EPS. On average, equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.81%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MSFT. StockNews.com raised shares of Microsoft from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Morgan Stanley reduced their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Loop Capital increased their price objective on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Finally, BMO Capital Markets dropped their target price on Microsoft from $500.00 to $495.00 and set an “outperform” 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 stock. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $430.87, for a total value of $1,077,175.00. Following the completion of the transaction, the chief marketing officer now owns 53,852 shares of the company’s stock, valued at approximately $23,203,211.24. This represents a 4.44 % 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 three months, insiders have sold 8,000 shares of company stock valued at $3,493,820. 0.03% of the stock is currently owned by corporate insiders.

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.