Microsoft Co. (NASDAQ:MSFT) Position Increased by Panoramic Investment Advisors LLC

Panoramic Investment Advisors LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 8.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,662 shares of the software giant’s stock after buying an additional 297 shares during the quarter. Microsoft accounts for 1.2% of Panoramic Investment Advisors LLC’s portfolio, making the stock its 28th largest position. Panoramic Investment Advisors LLC’s holdings in Microsoft were worth $1,377,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in MSFT. Lodestone Wealth Management LLC lifted its position in shares of Microsoft by 0.5% in the third quarter. Lodestone Wealth Management LLC now owns 14,103 shares of the software giant’s stock worth $4,453,000 after purchasing an additional 68 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of Microsoft by 1.2% in the third quarter. Mount Yale Investment Advisors LLC now owns 37,189 shares of the software giant’s stock worth $11,743,000 after purchasing an additional 452 shares in the last quarter. J2 Capital Management Inc raised its position in Microsoft by 5.2% during the third quarter. J2 Capital Management Inc now owns 708 shares of the software giant’s stock valued at $224,000 after acquiring an additional 35 shares in the last quarter. Park Edge Advisors LLC raised its position in Microsoft by 14.6% during the third quarter. Park Edge Advisors LLC now owns 7,869 shares of the software giant’s stock valued at $2,484,000 after acquiring an additional 1,001 shares in the last quarter. Finally, Northside Capital Management LLC raised its position in Microsoft by 3.1% during the third quarter. Northside Capital Management LLC now owns 33,738 shares of the software giant’s stock valued at $10,653,000 after acquiring an additional 1,005 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Up 0.4 %

Shares of NASDAQ MSFT opened at $409.06 on Thursday. The stock has a market cap of $3.04 trillion, a PE ratio of 36.99, a PEG ratio of 2.17 and a beta of 0.89. The business has a fifty day moving average of $414.59 and a two-hundred day moving average of $387.09. Microsoft Co. has a 52-week low of $275.37 and a 52-week high of $430.82. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. During the same period in the previous year, the business posted $2.32 earnings per share. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, equities research analysts expect that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a $0.75 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s dividend payout ratio is 27.12%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MSFT. Wedbush reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Wednesday, April 10th. Morgan Stanley raised their price objective on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Wells Fargo & Company increased their price target on Microsoft from $460.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, April 17th. Truist Financial reiterated a “buy” rating and set a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. Finally, UBS Group reiterated a “buy” rating and set a $480.00 price target on shares of Microsoft in a report on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating and thirty-five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $434.05.

Insider Activity at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Insiders sold 1,070,258 shares of company stock valued at $30,690,456 over the last ninety days. 0.03% of the stock is owned by insiders.

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.