Compass Capital Management Inc. Buys 2,902 Shares of Microsoft Co. (NASDAQ:MSFT)

Posted by on Apr 29th, 2023

Compass Capital Management Inc. boosted its stake in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 216,854 shares of the software giant’s stock after acquiring an additional 2,902 shares during the period. Microsoft accounts for about 4.3% of Compass Capital Management Inc.’s holdings, making the stock its 5th biggest position. Compass Capital Management Inc.’s holdings in Microsoft were worth $52,006,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MSFT. Iron Horse Wealth Management LLC acquired a new position in Microsoft during the 4th quarter worth approximately $26,000. Monumental Financial Group Inc. acquired a new position in Microsoft during the 1st quarter worth approximately $28,000. Hanseatic Management Services Inc. increased its position in Microsoft by 71.4% during the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock worth $31,000 after purchasing an additional 55 shares during the period. Retirement Financial Solutions LLC acquired a new position in Microsoft during the 4th quarter worth approximately $40,000. Finally, Macroview Investment Management LLC acquired a new position in Microsoft during the 4th quarter worth approximately $61,000. Institutional investors and hedge funds own 69.15% of the company’s stock.

Microsoft Price Performance

MSFT stock opened at $307.26 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.89 and a current ratio of 1.91. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $308.93. The firm has a market cap of $2.28 trillion, a P/E ratio of 33.29, a price-to-earnings-growth ratio of 2.82 and a beta of 0.93. The stock has a 50-day simple moving average of $273.53 and a 200-day simple moving average of $253.36.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings data on Tuesday, April 25th. The software giant reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. Microsoft had a return on equity of 38.98% and a net margin of 33.25%. The firm had revenue of $52.86 billion during the quarter, compared to analyst estimates of $51.01 billion. During the same quarter last year, the firm earned $2.22 EPS. Microsoft’s quarterly revenue was up 7.1% on a year-over-year basis. On average, equities analysts predict that Microsoft Co. will post 9.41 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 6th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.68 per share. The ex-dividend date is Wednesday, May 17th. This represents a $2.72 dividend on an annualized basis and a yield of 0.89%. Microsoft’s dividend payout ratio (DPR) is presently 29.47%.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $31,687,699.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Microsoft news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $31,687,699.84. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Satya Nadella sold 4,767 shares of the stock in a transaction that occurred on Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total value 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 disclosure for this sale can be found here. Insiders sold a total of 6,767 shares of company stock worth $1,728,111 in the last 90 days. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Royal Bank of Canada boosted their target price on Microsoft from $285.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday. Stifel Nicolaus boosted their price target on Microsoft from $310.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday. Cowen decreased their price target on Microsoft from $285.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, January 19th. BMO Capital Markets raised Microsoft from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $325.00 to $347.00 in a research note on Wednesday. Finally, Jefferies Financial Group boosted their price target on Microsoft from $325.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and thirty-three have assigned a buy rating to the company. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $322.88.

Microsoft Company 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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