Mirabaud Asset Management Ltd Has $21.99 Million Position in Microsoft Corporation $MSFT

Mirabaud Asset Management Ltd lifted its holdings in Microsoft Corporation (NASDAQ:MSFT) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,337 shares of the software giant’s stock after buying an additional 1,160 shares during the period. Microsoft comprises 10.2% of Mirabaud Asset Management Ltd’s holdings, making the stock its largest holding. Mirabaud Asset Management Ltd’s holdings in Microsoft were worth $21,988,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MSFT. Bulwark Capital Corp purchased a new position in shares of Microsoft in the 2nd quarter worth approximately $32,000. Westend Capital Management LLC raised its holdings in Microsoft by 386.7% during the 2nd quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after buying an additional 58 shares during the period. LSV Asset Management bought a new stake in Microsoft in the fourth quarter worth $44,000. ROSS JOHNSON & Associates LLC boosted its stake in Microsoft by 155.7% during the first quarter. ROSS JOHNSON & Associates LLC now owns 156 shares of the software giant’s stock worth $59,000 after buying an additional 95 shares during the period. Finally, PayPay Securities Corp increased its position in Microsoft by 29.9% during the second quarter. PayPay Securities Corp now owns 126 shares of the software giant’s stock valued at $63,000 after acquiring an additional 29 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.7%

Shares of NASDAQ MSFT opened at $480.84 on Friday. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The firm has a market cap of $3.57 trillion, a PE ratio of 34.20, a price-to-earnings-growth ratio of 1.79 and a beta of 1.07. The business has a fifty day simple moving average of $507.85 and a two-hundred day simple moving average of $500.78. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. The business had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business’s revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.30 EPS. Analysts expect that Microsoft Corporation will post 13.08 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, March 12th. Stockholders of record on Thursday, February 19th will be issued a $0.91 dividend. The ex-dividend date is Thursday, February 19th. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Microsoft’s payout ratio is currently 25.89%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Microsoft in a research note on Wednesday, November 19th. UBS Group restated a “buy” rating and set a $650.00 target price on shares of Microsoft in a research report on Thursday, October 30th. Truist Financial increased their price target on Microsoft from $650.00 to $675.00 and gave the stock a “buy” rating in a report on Monday, August 18th. Wells Fargo & Company boosted their price objective on Microsoft from $675.00 to $700.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Finally, Cantor Fitzgerald set a $639.00 price objective on Microsoft in a research report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $634.33.

Insider Activity at Microsoft

In other news, CEO Judson Althoff sold 12,750 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the transaction, the chief executive officer directly owned 129,349 shares in the company, valued at approximately $63,577,620.48. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 38,500 shares of Microsoft stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $518.64, for a total transaction of $19,967,640.00. Following the transaction, the insider directly owned 461,597 shares in the company, valued at approximately $239,402,668.08. The trade was a 7.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.