Stillwater Investment Management LLC Buys 52 Shares of Microsoft Co. (NASDAQ:MSFT)

Posted by on Mar 20th, 2023

Stillwater Investment Management LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,021 shares of the software giant’s stock after purchasing an additional 52 shares during the period. Stillwater Investment Management LLC’s holdings in Microsoft were worth $2,403,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. DGS Capital Management LLC raised its position in shares of Microsoft by 19.9% during the 1st quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock valued at $4,422,000 after buying an additional 2,383 shares in the last quarter. IFM Investors Pty Ltd raised its position in shares of Microsoft by 20.8% during the 1st quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after buying an additional 196,338 shares in the last quarter. Altus Wealth Group LLC raised its position in shares of Microsoft by 1.2% during the 1st quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after buying an additional 152 shares in the last quarter. Powell Investment Advisors LLC raised its position in shares of Microsoft by 16.2% during the 1st quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after buying an additional 359 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC raised its position in shares of Microsoft by 8.2% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock valued at $1,921,000 after buying an additional 512 shares in the last quarter. Institutional investors own 69.15% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the topic of several recent research reports. Stifel Nicolaus decreased their target price on shares of Microsoft from $290.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, January 25th. Mizuho increased their price objective on shares of Microsoft from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson increased their price objective on shares of Microsoft from $280.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, February 8th. Raymond James reduced their price objective on shares of Microsoft from $280.00 to $270.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 25th. Finally, StockNews.com initiated coverage on shares of Microsoft in a research report on Thursday. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $286.83.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 9th. The shares were sold at an average price of $269.38, for a total value of $269,380.00. Following the completion of the sale, the chief marketing officer now directly owns 117,362 shares in the company, valued at $31,614,975.56. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Microsoft news, CEO Satya Nadella sold 4,767 shares of the firm’s stock in a transaction on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the completion of the transaction, the chief executive officer now owns 788,625 shares of the company’s stock, valued at $196,272,990. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CMO Christopher C. Capossela sold 1,000 shares of the firm’s stock in a transaction on Thursday, February 9th. The stock was sold at an average price of $269.38, for a total transaction of $269,380.00. Following the completion of the transaction, the chief marketing officer now directly owns 117,362 shares of the company’s stock, valued at approximately $31,614,975.56. The disclosure for this sale can be found here. Insiders sold a total of 6,767 shares of company stock worth $1,728,111 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $279.43 on Monday. The company has a market cap of $2.08 trillion, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 2.57 and a beta of 0.92. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $315.95. The company has a quick ratio of 1.89, a current ratio of 1.93 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $252.31 and a two-hundred day moving average of $245.31.

Microsoft (NASDAQ:MSFT – Get Rating) last announced its earnings results on Tuesday, January 24th. The software giant reported $2.32 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.05. The company had revenue of $52.75 billion during the quarter, compared to the consensus estimate of $53.17 billion. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. Microsoft’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $2.48 earnings per share. As a group, analysts predict that Microsoft Co. will post 9.34 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 6th. Shareholders of record on Thursday, May 18th will be paid a $0.68 dividend. The ex-dividend date is Wednesday, May 17th. This represents a $2.72 annualized dividend and a yield of 0.97%. Microsoft’s dividend payout ratio (DPR) is 30.22%.

About Microsoft

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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