Advisory Services & Investments LLC Acquires 422 Shares of Microsoft Co. (NASDAQ:MSFT)

Advisory Services & Investments LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 2.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,869 shares of the software giant’s stock after acquiring an additional 422 shares during the period. Microsoft accounts for about 4.3% of Advisory Services & Investments LLC’s investment portfolio, making the stock its 10th largest position. Advisory Services & Investments LLC’s holdings in Microsoft were worth $6,256,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Roberts Wealth Advisors LLC boosted its stake in shares of Microsoft by 0.4% during the 1st quarter. Roberts Wealth Advisors LLC now owns 37,694 shares of the software giant’s stock worth $15,592,000 after purchasing an additional 154 shares during the last quarter. Koss Olinger Consulting LLC boosted its stake in shares of Microsoft by 493.0% during the 1st quarter. Koss Olinger Consulting LLC now owns 23,122 shares of the software giant’s stock worth $9,728,000 after purchasing an additional 19,223 shares during the last quarter. Mayfair Advisory Group LLC boosted its stake in shares of Microsoft by 10.7% during the 1st quarter. Mayfair Advisory Group LLC now owns 4,281 shares of the software giant’s stock worth $1,801,000 after purchasing an additional 415 shares during the last quarter. ADE LLC boosted its stake in shares of Microsoft by 0.5% during the 1st quarter. ADE LLC now owns 6,627 shares of the software giant’s stock worth $2,788,000 after purchasing an additional 32 shares during the last quarter. Finally, Breakwater Capital Group boosted its stake in shares of Microsoft by 0.6% during the 1st quarter. Breakwater Capital Group now owns 17,727 shares of the software giant’s stock worth $7,458,000 after purchasing an additional 106 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MSFT. Morgan Stanley raised their price target on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. UBS Group reiterated a “buy” rating and set a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. Argus increased their price objective on shares of Microsoft from $475.00 to $526.00 and gave the stock a “buy” rating in a report on Tuesday. Citigroup increased their price objective on shares of Microsoft from $495.00 to $520.00 and gave the stock a “buy” rating in a report on Friday, June 21st. Finally, Wells Fargo & Company increased their price objective on shares of Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $469.86.

Insider Activity

In other news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction 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 $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction 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 $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Takeshi Numoto sold 244 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $415.53, for a total transaction of $101,389.32. Following the transaction, the chief marketing officer now 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. Over the last quarter, insiders sold 25,566 shares of company stock valued at $10,877,535. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Performance

Microsoft stock opened at $454.70 on Friday. The company has a market cap of $3.38 trillion, a PE ratio of 39.37, a P/E/G ratio of 2.20 and a beta of 0.89. The company has a fifty day moving average price of $435.00 and a two-hundred day moving average price of $415.23. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. Microsoft Co. has a 12 month low of $309.45 and a 12 month high of $468.35.

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

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be issued a $0.75 dividend. 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 dividend payout ratio is presently 25.97%.

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.