Microsoft Co. (NASDAQ:MSFT) is Strong Tower Advisory Services’ 7th Largest Position

Strong Tower Advisory Services grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,732 shares of the software giant’s stock after acquiring an additional 662 shares during the period. Microsoft comprises 3.5% of Strong Tower Advisory Services’ holdings, making the stock its 7th biggest position. Strong Tower Advisory Services’ holdings in Microsoft were worth $13,375,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Wealth Management Partners LLC boosted its holdings in Microsoft by 1.5% in the fourth quarter. Wealth Management Partners LLC now owns 22,944 shares of the software giant’s stock valued at $9,671,000 after purchasing an additional 339 shares during the last quarter. Sarasin & Partners LLP lifted its holdings in shares of Microsoft by 33.5% in the 4th quarter. Sarasin & Partners LLP now owns 1,977,464 shares of the software giant’s stock valued at $833,501,000 after buying an additional 496,086 shares during the period. Community Bank of Raymore boosted its stake in shares of Microsoft by 19.1% in the fourth quarter. Community Bank of Raymore now owns 5,341 shares of the software giant’s stock worth $2,251,000 after buying an additional 857 shares during the last quarter. M.E. Allison & CO. Inc. acquired a new stake in Microsoft during the fourth quarter worth about $2,361,000. Finally, Oldfather Financial Services LLC raised its position in Microsoft by 4.9% during the fourth quarter. Oldfather Financial Services LLC now owns 2,610 shares of the software giant’s stock valued at $1,100,000 after acquiring an additional 123 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at $22,080,578.32. This represents a 4.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Performance

Shares of Microsoft stock opened at $401.02 on Thursday. The business’s 50 day moving average price is $417.97 and its 200 day moving average price is $422.24. The company has a market cap of $2.98 trillion, a price-to-earnings ratio of 32.29, a PEG ratio of 2.21 and a beta of 0.92. 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 one year low of $381.00 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 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 quarter last year, the firm posted $2.93 EPS. On average, research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on MSFT shares. DA Davidson restated a “neutral” rating and issued a $425.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. UBS Group lowered their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Finally, Stifel Nicolaus raised their target price on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Four research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.