Hyperion Partners LLC Purchases 525 Shares of Microsoft Co. (NASDAQ:MSFT)

Hyperion Partners LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 18.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,426 shares of the software giant’s stock after buying an additional 525 shares during the period. Microsoft makes up 1.1% of Hyperion Partners LLC’s portfolio, making the stock its 16th biggest holding. Hyperion Partners LLC’s holdings in Microsoft were worth $1,442,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Microsoft by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock valued at $250,032,357,000 after buying an additional 15,701,937 shares during the period. FMR LLC increased its stake in shares of Microsoft by 2.7% in the third quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock valued at $68,162,263,000 after buying an additional 5,762,902 shares during the period. Norges Bank acquired a new stake in Microsoft during the fourth quarter worth approximately $35,920,047,000. Barclays PLC grew its stake in Microsoft by 9.3% during the third quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock worth $9,152,647,000 after purchasing an additional 2,456,190 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in Microsoft during the fourth quarter worth approximately $9,625,201,000. 71.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 244 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total transaction of $101,389.32. Following the completion of the transaction, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Takeshi Numoto sold 244 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The disclosure for this sale can be found here. Insiders sold 25,566 shares of company stock valued at $10,877,535 in the last 90 days. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on MSFT. DA Davidson reaffirmed a “buy” rating and set a $500.00 target price on shares of Microsoft in a research note on Friday, March 15th. Citigroup raised their target price on Microsoft from $495.00 to $520.00 and gave the stock a “buy” rating in a research note on Friday, June 21st. Evercore ISI raised their price objective on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Wedbush reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Wednesday, May 22nd. Finally, JPMorgan Chase & Co. raised their target price on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Three analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company’s stock. According to MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $467.12.

Microsoft Trading Up 0.3 %

NASDAQ MSFT opened at $452.16 on Thursday. Microsoft Co. has a 1-year low of $309.45 and a 1-year high of $453.60. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average of $421.37 and a 200-day moving average of $408.52. The firm has a market cap of $3.36 trillion, a PE ratio of 39.15, a price-to-earnings-growth ratio of 2.38 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The company had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. Microsoft’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.45 EPS. As a group, sell-side analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Thursday, August 15th. Microsoft’s payout ratio is 25.97%.

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.