BCK Partners Inc. Has $582,000 Holdings in Microsoft Co. (NASDAQ:MSFT)

BCK Partners Inc. increased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,353 shares of the software giant’s stock after buying an additional 24 shares during the quarter. Microsoft comprises about 0.3% of BCK Partners Inc.’s portfolio, making the stock its 17th biggest position. BCK Partners Inc.’s holdings in Microsoft were worth $582,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Christopher J. Hasenberg Inc grew its stake in Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock valued at $31,000 after purchasing an additional 44 shares during the period. Quarry LP purchased a new stake in Microsoft in the 2nd quarter worth approximately $45,000. Innealta Capital LLC purchased a new stake in shares of Microsoft in the 2nd quarter valued at about $75,000. Carolina Wealth Advisors LLC increased its stake in Microsoft by 10.1% in the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock valued at $145,000 after acquiring an additional 31 shares during the last quarter. Finally, Bbjs Financial Advisors LLC lifted its holdings in shares of Microsoft by 241.4% in the 2nd quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock worth $169,000 after acquiring an additional 268 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Buying and Selling at Microsoft

In related news, EVP Christopher David Young sold 7,200 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the transaction, the executive vice president now directly owns 103,366 shares in the company, valued at approximately $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $417.00, for a total value of $10,425,000.00. Following the transaction, the executive vice president now directly owns 117,294 shares in the company, valued at $48,911,598. This trade represents a 17.57 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,200 shares of company stock valued at $17,383,892. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $430.53 on Friday. Microsoft Co. has a 12-month low of $366.50 and a 12-month high of $468.35. The firm’s fifty day simple moving average is $428.90 and its two-hundred day simple moving average is $428.88. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $3.20 trillion, a P/E ratio of 35.52, a P/E/G ratio of 2.37 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping the consensus estimate of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business had revenue of $65.59 billion during the quarter, compared to the consensus estimate of $64.57 billion. During the same period in the previous year, the firm posted $2.99 earnings per share. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. Analysts forecast that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft declared that its board has approved a stock repurchase program on Monday, September 16th that permits the company to buyback $60.00 billion in shares. This buyback authorization permits the software giant to reacquire up to 1.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.77%. Microsoft’s payout ratio is 27.39%.

Analyst Ratings Changes

A number of brokerages have issued reports on MSFT. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, December 20th. UBS Group upped their price target on Microsoft from $500.00 to $525.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Sanford C. Bernstein reduced their price objective on Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Finally, JPMorgan Chase & Co. cut their price target on Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research note on Thursday, October 31st. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $509.90.

About Microsoft

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.