Atlas Capital Advisors LLC Has $6.35 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Atlas Capital Advisors LLC cut its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 77.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,089 shares of the software giant’s stock after selling 50,836 shares during the period. Microsoft comprises approximately 1.0% of Atlas Capital Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Atlas Capital Advisors LLC’s holdings in Microsoft were worth $6,348,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of MSFT. Friedenthal Financial acquired a new stake in Microsoft in the fourth quarter valued at $45,000. Neo Ivy Capital Management acquired a new stake in Microsoft in the fourth quarter valued at $58,000. PayPay Securities Corp increased its holdings in Microsoft by 23.7% in the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares during the period. Cooksen Wealth LLC acquired a new stake in Microsoft in the fourth quarter valued at $86,000. Finally, Kathleen S. Wright Associates Inc. increased its holdings in Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after purchasing an additional 143 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $459.28 on Wednesday. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $459.59. The stock’s 50 day moving average price is $425.22 and its 200-day moving average price is $410.79. The company has a market capitalization of $3.41 trillion, a PE ratio of 39.76, a PEG ratio of 2.36 and a beta of 0.89. 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 (NASDAQ:MSFT) last announced its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The firm had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. During the same quarter in the previous year, the business earned $2.45 EPS. The company’s revenue was up 17.0% compared to the same quarter last year. On average, equities analysts anticipate that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.65%. Microsoft’s payout ratio is presently 25.97%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MSFT. UBS Group restated a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. Truist Financial reiterated a “buy” rating and set a $600.00 price target on shares of Microsoft in a report on Monday, June 17th. Raymond James reiterated an “outperform” rating and set a $480.00 price target (up from $450.00) on shares of Microsoft in a report on Friday, April 26th. JPMorgan Chase & Co. increased their price target on Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, BMO Capital Markets increased their price target on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $467.12.

Insider Transactions at Microsoft

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

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.