Heartwood Wealth Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 27.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,195 shares of the software giant’s stock after purchasing an additional 1,115 shares during the quarter. Heartwood Wealth Advisors LLC’s holdings in Microsoft were worth $1,498,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSFT. Optas LLC boosted its position in shares of Microsoft by 2.7% during the 4th quarter. Optas LLC now owns 25,001 shares of the software giant’s stock valued at $5,996,000 after acquiring an additional 651 shares during the last quarter. Spinnaker Investment Group LLC boosted its position in shares of Microsoft by 2.6% during the 1st quarter. Spinnaker Investment Group LLC now owns 11,951 shares of the software giant’s stock valued at $3,445,000 after acquiring an additional 305 shares during the last quarter. West Branch Capital LLC boosted its position in shares of Microsoft by 0.5% during the 4th quarter. West Branch Capital LLC now owns 44,418 shares of the software giant’s stock valued at $10,652,000 after acquiring an additional 227 shares during the last quarter. Quilter Plc boosted its position in shares of Microsoft by 1.4% during the 4th quarter. Quilter Plc now owns 844,299 shares of the software giant’s stock valued at $202,480,000 after acquiring an additional 11,563 shares during the last quarter. Finally, SeaTown Holdings Pte. Ltd. boosted its position in shares of Microsoft by 3.1% during the 4th quarter. SeaTown Holdings Pte. Ltd. now owns 200,299 shares of the software giant’s stock valued at $48,036,000 after acquiring an additional 6,000 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
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 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 completion of the sale, the director now owns 874 shares of the company’s stock, valued at $292,588.98. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Microsoft news, Director Teri List sold 1,250 shares of the firm’s stock in a transaction 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 completion of the sale, the director now owns 874 shares of the company’s stock, valued at $292,588.98. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $316.87, for a total value of $1,584,350.00. Following the completion of the sale, the chief marketing officer now directly owns 89,328 shares of the company’s stock, valued at approximately $28,305,363.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 51,331 shares of company stock valued at $15,867,278. 0.03% of the stock is owned by company insiders.
Analyst Ratings Changes
Microsoft Price Performance
Shares of NASDAQ MSFT opened at $337.99 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.91 and a quick ratio of 1.88. The stock has a fifty day moving average price of $322.86 and a 200 day moving average price of $281.18. Microsoft Co. has a 1-year low of $213.43 and a 1-year high of $351.47. The company has a market cap of $2.51 trillion, a PE ratio of 36.62, a P/E/G ratio of 3.03 and a beta of 0.92.
Microsoft (NASDAQ:MSFT – Free Report) last issued its quarterly earnings results on Tuesday, April 25th. The software giant reported $2.45 earnings per share 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 firm had revenue of $52.86 billion during the quarter, compared to the consensus estimate of $51.01 billion. During the same period last year, the company earned $2.22 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Sell-side analysts forecast that Microsoft Co. will post 9.64 EPS for the current year.
Microsoft Announces Dividend
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 0.80%. The ex-dividend date of this dividend is Wednesday, August 16th. Microsoft’s dividend payout ratio (DPR) is currently 29.47%.
About Microsoft
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.
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