Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Wiser Wealth Management Inc

Wiser Wealth Management Inc grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 20.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,086 shares of the software giant’s stock after purchasing an additional 532 shares during the quarter. Microsoft accounts for 0.4% of Wiser Wealth Management Inc’s portfolio, making the stock its 22nd largest position. Wiser Wealth Management Inc’s holdings in Microsoft were worth $1,301,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MSFT. Geode Capital Management LLC boosted its stake in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Microsoft by 4.1% in the 3rd 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 acquiring an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Microsoft by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the period. International Assets Investment Management LLC grew its stake in Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of Microsoft by 1.1% in 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 purchasing an additional 406,940 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In other news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $430.87, for a total transaction 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 8,000 shares of company stock worth $3,493,820 in the last ninety days. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $404.00 on Tuesday. The stock has a market capitalization of $3.00 trillion, a PE ratio of 32.53, a P/E/G ratio of 2.21 and a beta of 0.90. The stock has a 50-day simple moving average of $424.25 and a 200 day simple moving average of $423.08. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates 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 last year, the firm earned $2.93 earnings per share. Research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared 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. This represents a $3.32 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. BMO Capital Markets lowered their price objective on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Truist Financial reaffirmed a “buy” rating and issued a $600.00 price target on shares of Microsoft in a research note on Monday, October 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.