M. Kraus & Co Has $18.95 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Posted by Defense World Staff on Apr 20th, 2023

M. Kraus & Co grew its position in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,029 shares of the software giant’s stock after acquiring an additional 758 shares during the period. Microsoft accounts for 7.0% of M. Kraus & Co’s portfolio, making the stock its largest holding. M. Kraus & Co’s holdings in Microsoft were worth $18,953,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MSFT. Aaron Wealth Advisors LLC increased its holdings in shares of Microsoft by 35,465.9% in the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after purchasing an additional 20,553,188 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Microsoft by 1.0% in the third quarter. Vanguard Group Inc. now owns 634,238,715 shares of the software giant’s stock valued at $147,714,197,000 after purchasing an additional 6,129,708 shares in the last quarter. Swiss National Bank increased its holdings in shares of Microsoft by 13.8% in the first quarter. Swiss National Bank now owns 30,893,155 shares of the software giant’s stock valued at $9,524,669,000 after purchasing an additional 3,757,500 shares in the last quarter. Cottage Street Advisors LLC increased its holdings in shares of Microsoft by 17,734.7% in the fourth quarter. Cottage Street Advisors LLC now owns 3,763,300 shares of the software giant’s stock valued at $1,351,000 after purchasing an additional 3,742,199 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in shares of Microsoft by 73.8% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,172,257 shares of the software giant’s stock valued at $1,903,319,000 after purchasing an additional 3,471,095 shares in the last quarter. Institutional investors and hedge funds own 69.15% of the company’s stock.

Insider Transactions at Microsoft

In other news, CMO Christopher C. Capossela sold 1,000 shares of the business’s stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $272.32, for a total transaction of $272,320.00. Following the transaction, the chief marketing officer now directly owns 116,362 shares in the company, valued at approximately $31,687,699.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Satya Nadella sold 4,767 shares of the business’s stock in a transaction dated Tuesday, February 28th. The shares were 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 directly owns 788,625 shares in the company, valued at approximately $196,272,990. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Christopher C. Capossela sold 1,000 shares of the business’s stock in a transaction dated Monday, February 13th. The stock was sold at an average price of $272.32, for a total transaction of $272,320.00. Following the transaction, the chief marketing officer now owns 116,362 shares in the company, valued at $31,687,699.84. The disclosure for this sale can be found here. Insiders have sold 6,767 shares of company stock worth $1,728,111 in the last ninety days. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on MSFT shares. Mizuho lifted their target price on shares of Microsoft from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, March 17th. UBS Group set a $275.00 target price on shares of Microsoft in a report on Monday, March 20th. Barclays lifted their target price on shares of Microsoft from $280.00 to $310.00 and gave the stock an “overweight” rating in a report on Monday. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Microsoft from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Fundamental Research lowered their target price on shares of Microsoft from $269.73 to $259.47 and set a “buy” rating for the company in a report on Thursday, February 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus target price of $297.71.

Microsoft Trading Up 0.0 %

Shares of NASDAQ:MSFT opened at $288.45 on Thursday. The company’s 50-day moving average price is $270.00 and its two-hundred day moving average price is $251.03. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.93 and a quick ratio of 1.89. Microsoft Co. has a one year low of $213.43 and a one year high of $294.18. The stock has a market capitalization of $2.15 trillion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 2.53 and a beta of 0.93.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings results on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, topping the consensus estimate of $2.27 by $0.05. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The firm had revenue of $52.75 billion for the quarter, compared to analysts’ expectations of $53.17 billion. During the same period in the previous year, the firm posted $2.48 EPS. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, equities analysts forecast 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. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.72 annualized dividend and a dividend yield of 0.94%. Microsoft’s dividend payout ratio is presently 30.22%.

Microsoft Profile

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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.