Mosaic Advisors LLC Boosts Stake in Microsoft Co. (NASDAQ:MSFT)

Posted by Defense World Staff on Apr 29th, 2023

Mosaic Advisors LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 56.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,366 shares of the software giant’s stock after purchasing an additional 493 shares during the quarter. Microsoft accounts for 0.3% of Mosaic Advisors LLC’s holdings, making the stock its 13th largest holding. Mosaic Advisors LLC’s holdings in Microsoft were worth $328,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In related 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 value of $1,186,410.96. Following the transaction, the chief executive officer now owns 788,625 shares in the company, valued at $196,272,990. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related 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 value of $1,186,410.96. Following the transaction, the chief executive officer now owns 788,625 shares in the company, valued at $196,272,990. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CMO Christopher C. Capossela sold 1,000 shares of the company’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 sale, the chief marketing officer now owns 117,362 shares in the company, valued at approximately $31,614,975.56. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,767 shares of company stock worth $1,728,111. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent research reports. Wolfe Research upped their price target on Microsoft from $330.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday. TD Cowen upped their price target on Microsoft from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday. Jefferies Financial Group upped their price target on Microsoft from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday. UBS Group upped their price target on Microsoft from $275.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Wells Fargo & Company upped their price target on Microsoft from $320.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and thirty-three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $322.88.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $307.26 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.91 and a quick ratio of 1.89. Microsoft Co. has a 1-year low of $213.43 and a 1-year high of $308.93. The business has a 50-day moving average of $273.53 and a 200-day moving average of $253.36. The company has a market capitalization of $2.28 trillion, a price-to-earnings ratio of 33.29, a PEG ratio of 2.82 and a beta of 0.93.

Microsoft (NASDAQ:MSFT – Get Rating) last released its quarterly earnings results on Tuesday, April 25th. The software giant reported $2.45 EPS for the quarter, topping the consensus estimate of $2.22 by $0.23. Microsoft had a return on equity of 38.98% and a net margin of 33.25%. The business had revenue of $52.86 billion for the quarter, compared to analysts’ expectations of $51.01 billion. During the same quarter in the previous year, the firm posted $2.22 earnings per share. The company’s revenue was up 7.1% compared to the same quarter last year. On average, equities analysts anticipate that Microsoft Co. will post 9.41 EPS for the current fiscal year.

Microsoft Announces Dividend

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

About Microsoft

(Get Rating)

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.