Youngs Advisory Group Inc. Acquires 198 Shares of Microsoft Co. (NASDAQ:MSFT)

Posted by Defense World Staff on Apr 18th, 2023

Youngs Advisory Group Inc. grew its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,254 shares of the software giant’s stock after acquiring an additional 198 shares during the period. Microsoft accounts for approximately 0.3% of Youngs Advisory Group Inc.’s holdings, making the stock its 25th largest position. Youngs Advisory Group Inc.’s holdings in Microsoft were worth $541,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. DGS Capital Management LLC lifted its stake in shares of Microsoft by 19.9% in the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after buying an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd lifted its stake in shares of Microsoft by 20.8% in the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock worth $351,001,000 after buying an additional 196,338 shares during the last quarter. Altus Wealth Group LLC lifted its stake in shares of Microsoft by 1.2% in the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock worth $3,919,000 after buying an additional 152 shares during the last quarter. Powell Investment Advisors LLC lifted its stake in shares of Microsoft by 16.2% in the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock worth $795,000 after buying an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC lifted its stake in shares of Microsoft by 8.2% in the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock worth $1,921,000 after buying an additional 512 shares during the last quarter. 69.15% of the stock is owned by institutional investors.

Microsoft Stock Up 0.9 %

MSFT opened at $288.80 on Tuesday. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $294.18. The firm’s 50-day simple moving average is $268.51 and its 200-day simple moving average is $250.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.89 and a current ratio of 1.93. The firm has a market cap of $2.15 trillion, a price-to-earnings ratio of 32.09, a PEG ratio of 2.53 and a beta of 0.93.

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, topping analysts’ consensus estimates of $2.27 by $0.05. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The company had revenue of $52.75 billion during the quarter, compared to the consensus estimate of $53.17 billion. During the same period in the previous year, the firm posted $2.48 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. Equities research analysts anticipate that Microsoft Co. will post 9.31 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 6th. Shareholders of record on Thursday, May 18th will be given a $0.68 dividend. The ex-dividend date is Wednesday, May 17th. This represents a $2.72 dividend on an annualized basis and a yield of 0.94%. Microsoft’s payout ratio is 30.22%.

Insider Activity

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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSFT. Rosenblatt Securities reduced their price objective on shares of Microsoft from $285.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 26th. Oppenheimer upped their target price on shares of Microsoft from $280.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, April 6th. Wedbush upped their target price on shares of Microsoft from $290.00 to $315.00 and gave the company an “outperform” rating in a research note on Wednesday, April 12th. Cowen cut their target price on shares of Microsoft from $285.00 to $280.00 and set an “outperform” rating for the company in a research note on Thursday, January 19th. Finally, Guggenheim cut shares of Microsoft from a “neutral” rating to a “sell” rating and set a $212.00 target price for the company. in a research note on Tuesday, January 17th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $293.89.

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.