KTF Investments LLC Makes New Investment in Microsoft Corporation $MSFT

KTF Investments LLC bought a new position in shares of Microsoft Corporation (NASDAQ:MSFT) during the 4th quarter, Holdings Channel.com reports. The fund bought 19,054 shares of the software giant’s stock, valued at approximately $9,215,000. Microsoft accounts for 1.5% of KTF Investments LLC’s holdings, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Longfellow Investment Management Co. LLC boosted its stake in shares of Microsoft by 51.3% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after acquiring an additional 20 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of Microsoft during the 3rd quarter worth approximately $38,000. Fairway Wealth LLC boosted its stake in shares of Microsoft by 287.0% during the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant’s stock worth $43,000 after acquiring an additional 66 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Microsoft during the 4th quarter worth approximately $44,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of Microsoft during the 3rd quarter worth approximately $49,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on MSFT shares. New Street Research decreased their price target on Microsoft from $675.00 to $600.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. TD Cowen raised Microsoft from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Piper Sandler upped their target price on Microsoft from $500.00 to $540.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Microsoft in a research note on Monday, May 4th. Finally, Raymond James Financial lowered Microsoft from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 5th. Thirty-nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $560.88.

Microsoft Stock Performance

Shares of Microsoft stock opened at $418.57 on Tuesday. Microsoft Corporation has a fifty-two week low of $356.28 and a fifty-two week high of $555.45. The firm has a market cap of $3.11 trillion, a PE ratio of 24.91, a P/E/G ratio of 1.51 and a beta of 1.10. The business’s fifty day moving average is $399.71 and its two-hundred day moving average is $436.24. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share for the quarter, topping analysts’ consensus estimates of $4.06 by $0.21. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The company had revenue of $82.89 billion for the quarter, compared to analyst estimates of $81.44 billion. During the same quarter in the prior year, the company posted $3.46 EPS. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. Analysts anticipate that Microsoft Corporation will post 16.76 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 21st. Microsoft’s dividend payout ratio is currently 21.67%.

Key Stories Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a large new Microsoft stake, signaling strong confidence in MSFT’s long-term AI and cloud growth prospects. Billionaire Bill Ackman Just Made a Massive Bet on Microsoft. Here’s Why.
• Positive Sentiment: Analysts and market commentators continue to argue Microsoft remains a strong long-term compounder, with some saying the stock looks cheaper than it has in years on a cash-flow basis. Is Microsoft Stock a Steal Right Now?
• Positive Sentiment: Some analysts say Microsoft’s move away from an overly dependent OpenAI relationship could be beneficial over time because customers increasingly want access to multiple AI models rather than one exclusive partner. Why Microsoft’s Split With OpenAI May Be Great for the Stock in the Long Run

Insiders Place Their Bets

In other news, EVP Kathleen T. Hogan sold 12,321 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the completion of the sale, the executive vice president directly owned 137,933 shares in the company, valued at $56,486,322.16. This represents a 8.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Amy Coleman sold 1,262 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the sale, the executive vice president owned 46,003 shares of the company’s stock, valued at approximately $18,922,874.02. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.03% of the company’s stock.

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).