Dynamic Advisor Solutions LLC Boosts Stock Position in Microsoft Co. (NASDAQ:MSFT)

Dynamic Advisor Solutions LLC increased its position in Microsoft Co. (NASDAQ:MSFT) by 1.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,857 shares of the software giant’s stock after buying an additional 2,140 shares during the quarter. Microsoft comprises approximately 2.3% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 3rd largest position. Dynamic Advisor Solutions LLC’s holdings in Microsoft were worth $66,834,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Friedenthal Financial acquired a new position in shares of Microsoft in the 4th quarter worth $45,000. Neo Ivy Capital Management acquired a new position in shares of Microsoft in the 4th quarter valued at $58,000. PayPay Securities Corp increased its stake in Microsoft by 23.7% in the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after purchasing an additional 36 shares in the last quarter. Cooksen Wealth LLC acquired a new position in shares of Microsoft in the fourth quarter worth about $86,000. Finally, Kathleen S. Wright Associates Inc. increased its position in shares of Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after acquiring an additional 143 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $446.95 on Monday. The company has a market cap of $3.32 trillion, a price-to-earnings ratio of 38.70, a PEG ratio of 2.36 and a beta of 0.89. The business has a 50 day moving average price of $424.11 and a 200 day moving average price of $410.15. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $456.17.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. During the same period in the prior year, the business earned $2.45 earnings per share. Microsoft’s revenue for the quarter was up 17.0% compared to the same quarter last year. Research analysts predict that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders 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 dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio is currently 25.97%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Friday, May 24th. Raymond James reiterated an “outperform” rating and set a $480.00 price target (up previously from $450.00) on shares of Microsoft in a report on Friday, April 26th. Wells Fargo & Company increased their price objective on Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. UBS Group reaffirmed a “buy” rating and set a $480.00 target price on shares of Microsoft in a research note on Wednesday, April 10th. Finally, Oppenheimer increased their price target on shares of Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, June 7th. Three equities research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $467.12.

Insider Buying and Selling

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 value 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 legal filing with the SEC, which is available at this hyperlink. In other news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction on Thursday, May 23rd. The shares were 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 in the company, valued at approximately $44,674,690.32. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares in the company, valued at $19,534,480.83. The disclosure for this sale can be found here. Insiders have sold a total of 25,566 shares of company stock valued at $10,877,535 over the last three months. 0.03% of the stock is owned by corporate insiders.

Microsoft 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.