Y.D. More Investments Ltd Purchases 1,347 Shares of Microsoft Corporation $MSFT

Y.D. More Investments Ltd increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 50,319 shares of the software giant’s stock after purchasing an additional 1,347 shares during the period. Microsoft accounts for approximately 1.7% of Y.D. More Investments Ltd’s holdings, making the stock its 13th largest position. Y.D. More Investments Ltd’s holdings in Microsoft were worth $25,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. WFA Asset Management Corp raised its position in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. grew its stake in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares during the last quarter. Discipline Wealth Solutions LLC grew its stake in Microsoft by 410.4% in the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after buying an additional 2,138 shares during the last quarter. Wealth Group Ltd. lifted its position in Microsoft by 1.2% during the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant’s stock worth $1,000,000 after acquiring an additional 28 shares during the last quarter. Finally, Eagle Capital Management LLC boosted its holdings in shares of Microsoft by 0.4% during the fourth quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant’s stock worth $9,735,000 after acquiring an additional 96 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, insider Bradford L. Smith sold 38,500 shares of Microsoft stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the transaction, the insider owned 461,597 shares in the company, valued at approximately $239,402,668.08. This trade represents a 7.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Takeshi Numoto sold 2,850 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $478.72, for a total value of $1,364,352.00. Following the sale, the executive vice president owned 55,782 shares of the company’s stock, valued at approximately $26,703,959.04. This represents a 4.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 54,100 shares of company stock valued at $27,598,872. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Trading Up 0.5%

Shares of Microsoft stock opened at $483.16 on Friday. 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 Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The company has a market capitalization of $3.59 trillion, a price-to-earnings ratio of 34.36, a PEG ratio of 1.81 and a beta of 1.07. The firm’s 50-day moving average price is $507.29 and its two-hundred day moving average price is $501.25.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. The company had revenue of $77.67 billion during the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The firm’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.30 EPS. On average, analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be paid a dividend of $0.91 per share. The ex-dividend date is Thursday, February 19th. This represents a $3.64 annualized dividend and a yield of 0.8%. Microsoft’s dividend payout ratio is presently 25.89%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MSFT. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Microsoft in a research note on Wednesday, November 19th. Robert W. Baird assumed coverage on Microsoft in a report on Friday, November 14th. They set an “outperform” rating and a $600.00 target price for the company. Daiwa Capital Markets reduced their target price on shares of Microsoft from $640.00 to $630.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Mizuho lowered shares of Microsoft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Evercore ISI set a $640.00 price objective on shares of Microsoft in a research note 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 issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $632.34.

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.