Roberts Wealth Advisors LLC Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Roberts Wealth Advisors LLC lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 1.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,947 shares of the software giant’s stock after buying an additional 447 shares during the period. Microsoft accounts for approximately 5.3% of Roberts Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. Roberts Wealth Advisors LLC’s holdings in Microsoft were worth $11,472,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. DGS Capital Management LLC lifted its position in Microsoft by 19.9% in the 1st quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock valued at $4,422,000 after purchasing an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in shares of Microsoft by 20.8% during the first 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 during the last quarter. Altus Wealth Group LLC boosted its position in shares of Microsoft by 1.2% during 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 period. Powell Investment Advisors LLC increased its position in Microsoft by 16.2% in the 1st quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after acquiring an additional 359 shares during the period. Finally, Onyx Bridge Wealth Group LLC raised its stake in 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 acquiring an additional 512 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Get Microsoft alerts:

Insider Buying and Selling at Microsoft

In other Microsoft news, Director Teri List sold 1,250 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $334.77, for a total value of $418,462.50. Following the sale, the director now owns 874 shares of the company’s stock, valued at approximately $292,588.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Microsoft news, Director Teri List sold 1,250 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $334.77, for a total value of $418,462.50. Following the sale, the director now owns 874 shares of the company’s stock, valued at approximately $292,588.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $316.87, for a total value of $1,584,350.00. Following the sale, the chief marketing officer now directly owns 89,328 shares in the company, valued at approximately $28,305,363.36. The disclosure for this sale can be found here. Insiders have sold 51,331 shares of company stock valued at $15,867,278 in the last 90 days. 0.03% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSFT. Wolfe Research lifted their price objective on shares of Microsoft from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, April 26th. Royal Bank of Canada boosted their price target on shares of Microsoft from $285.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 26th. The Goldman Sachs Group raised their price objective on shares of Microsoft from $325.00 to $335.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. Wedbush upped their target price on Microsoft from $340.00 to $375.00 in a research report on Tuesday, May 30th. Finally, Barclays lifted their price target on Microsoft from $310.00 to $336.00 and gave the company an “overweight” rating in a research report on Wednesday, April 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and thirty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $334.17.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $334.57 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.88 and a current ratio of 1.91. The firm has a market cap of $2.49 trillion, a price-to-earnings ratio of 36.25, a P/E/G ratio of 2.98 and a beta of 0.93. The business’s 50-day simple moving average is $318.72 and its 200-day simple moving average is $278.83. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $351.47.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings data on Tuesday, April 25th. The software giant reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. The business had revenue of $52.86 billion for the quarter, compared to analyst estimates of $51.01 billion. Microsoft had a return on equity of 38.98% and a net margin of 33.25%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.22 EPS. As a group, equities research analysts expect that Microsoft Co. will post 9.64 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 17th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Wednesday, August 16th. Microsoft’s dividend payout ratio (DPR) is currently 29.47%.

Microsoft Company Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

Featured Stories

• Get a free research report on Microsoft from StockNews.com
• Meta Platforms Soars with Analysts Bullish on AI-Driven Ad Growth
• Delta Airlines Is Flying Higher On Upbeat Guidance 
• Here’s How to Rank the 3 Biggest Video Game Stocks
• Redfin: Contrasting Analyst Bearishness With Market Optimism
• Five stocks we like better than Microsoft

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT – Get Rating).

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.