D.B. Root & Company LLC lowered its holdings in Microsoft Co. (NASDAQ:MSFT – Free Report) by 8.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,848 shares of the software giant’s stock after selling 1,143 shares during the period. Microsoft comprises 1.5% of D.B. Root & Company LLC’s holdings, making the stock its 12th biggest holding. D.B. Root & Company LLC’s holdings in Microsoft were worth $4,035,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its position in shares of Microsoft by 112,158.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock valued at $36,017,948,000 after purchasing an additional 150,053,637 shares during the period. Norges Bank purchased a new stake in Microsoft during the fourth quarter valued at about $20,700,525,000. Aaron Wealth Advisors LLC boosted 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 worth $66,852,000 after buying an additional 20,553,188 shares during the period. Providence Capital Advisors LLC increased its position in shares of Microsoft by 29,789.2% in the first quarter. Providence Capital Advisors LLC now owns 16,570,893 shares of the software giant’s stock worth $57,477,000 after acquiring an additional 16,515,452 shares in the last quarter. Finally, Morgan Stanley raised its holdings in shares of Microsoft by 14.0% during the fourth quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock valued at $28,638,815,000 after acquiring an additional 14,652,150 shares during the period. 69.20% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Microsoft
In other news, CEO Satya Nadella sold 38,234 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $328.43, for a total value of $12,557,192.62. Following the sale, the chief executive officer now owns 800,668 shares of the company’s stock, valued at approximately $262,963,391.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, EVP Kathleen T. Hogan sold 26,815 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $327.37, for a total transaction of $8,778,426.55. Following the sale, the executive vice president now owns 198,373 shares in the company, valued at $64,941,369.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satya Nadella sold 38,234 shares of the company’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $328.43, for a total transaction of $12,557,192.62. Following the transaction, the chief executive officer now owns 800,668 shares in the company, valued at approximately $262,963,391.24. The disclosure for this sale can be found here. Over the last three months, insiders sold 115,049 shares of company stock valued at $38,195,619. 0.03% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
View Our Latest Report on Microsoft
Microsoft Trading Up 1.2 %
Shares of Microsoft stock opened at $332.42 on Thursday. The company’s fifty day moving average price is $324.81 and its two-hundred day moving average price is $320.83. The firm has a market capitalization of $2.47 trillion, a PE ratio of 34.31, a price-to-earnings-growth ratio of 2.43 and a beta of 0.91. Microsoft Co. has a 52-week low of $213.43 and a 52-week high of $366.78. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.77 and a quick ratio of 1.75.
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its quarterly earnings results on Tuesday, July 25th. The software giant reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.14. The firm had revenue of $56.19 billion during the quarter, compared to analyst estimates of $55.49 billion. Microsoft had a net margin of 34.15% and a return on equity of 38.70%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.23 earnings per share. On average, analysts expect that Microsoft Co. will post 10.9 EPS for the current year.
Microsoft Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.90%. This is a boost from Microsoft’s previous quarterly dividend of $0.68. The ex-dividend date is Wednesday, November 15th. Microsoft’s dividend payout ratio is 28.07%.
Microsoft Company Profile
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
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