Microsoft Co. (NASDAQ:MSFT) Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 1,079,463 shares of the software giant’s stock after buying an additional 39,208 shares during the period. Microsoft accounts for about 3.4% of Yousif Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Yousif Capital Management LLC’s holdings in Microsoft were worth $258,877,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Monumental Financial Group Inc. purchased a new position in Microsoft in the first quarter valued at $28,000. Hanseatic Management Services Inc. increased its holdings in Microsoft by 71.4% in the third quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock valued at $31,000 after buying an additional 55 shares in the last quarter. Morgan Dempsey Capital Management LLC purchased a new position in Microsoft in the third quarter valued at $82,000. Avondale Wealth Management increased its holdings in Microsoft by 58.6% in the third quarter. Avondale Wealth Management now owns 406 shares of the software giant’s stock valued at $95,000 after buying an additional 150 shares in the last quarter. Finally, Beutel Goodman & Co Ltd. increased its holdings in Microsoft by 57.5% in the third quarter. Beutel Goodman & Co Ltd. now owns 411 shares of the software giant’s stock valued at $95,000 after buying an additional 150 shares in the last quarter. 69.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other news, CEO Satya Nadella sold 4,767 shares of the company’s stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the transaction, the chief executive officer now directly owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CMO Christopher C. Capossela sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The shares were sold at an average price of $269.38, for a total transaction of $269,380.00. Following the sale, the chief marketing officer now directly owns 117,362 shares of the company’s stock, valued at approximately $31,614,975.56. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Satya Nadella sold 4,767 shares of the company’s stock in a transaction that occurred on Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at $196,272,990. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,767 shares of company stock worth $1,728,111. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSFT has been the subject of a number of recent analyst reports. Wolfe Research cut their price objective on shares of Microsoft from $280.00 to $265.00 and set an “outperform” rating for the company in a report on Wednesday, January 25th. StockNews.com assumed coverage on shares of Microsoft in a research note on Thursday. They set a “hold” rating for the company. UBS Group set a $250.00 target price on shares of Microsoft in a research note on Tuesday, March 14th. Fundamental Research cut their target price on shares of Microsoft from $269.73 to $259.47 and set a “buy” rating for the company in a research note on Thursday, February 2nd. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $285.00 target price on shares of Microsoft in a research note on Friday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $286.05.

Microsoft Stock Performance

NASDAQ:MSFT opened at $279.43 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.93 and a quick ratio of 1.89. The firm has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 31.05, a PEG ratio of 2.54 and a beta of 0.92. The company’s 50-day moving average is $252.31 and its two-hundred day moving average is $245.43. Microsoft Co. has a 1-year low of $213.43 and a 1-year high of $315.95.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its quarterly earnings data on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, topping the consensus estimate of $2.27 by $0.05. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The firm had revenue of $52.75 billion for the quarter, compared to analyst estimates of $53.17 billion. During the same period in the prior year, the business posted $2.48 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. Analysts forecast that Microsoft Co. will post 9.34 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th. Stockholders of record on Thursday, May 18th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.72 annualized dividend and a dividend yield of 0.97%. Microsoft’s dividend payout ratio is currently 30.22%.

Microsoft Profile

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.