One Plus One Wealth Management LLC Has $2.31 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

One Plus One Wealth Management LLC lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 4.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,135 shares of the software giant’s stock after selling 270 shares during the quarter. Microsoft accounts for about 1.4% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 24th largest position. One Plus One Wealth Management LLC’s holdings in Microsoft were worth $2,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSFT. Monumental Financial Group Inc. acquired a new stake in shares of Microsoft during the 1st quarter worth approximately $28,000. Atlantic Private Wealth LLC grew its holdings in shares of Microsoft by 534.5% during the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after purchasing an additional 155 shares in the last quarter. Infrastructure Capital Advisors LLC acquired a new stake in shares of Microsoft during the 2nd quarter worth approximately $601,000. Hibernia Wealth Partners LLC bought a new position in shares of Microsoft during the 3rd quarter worth approximately $69,000. Finally, Iron Horse Wealth Management LLC lifted its position in shares of Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after buying an additional 105 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the transaction, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Down 1.8 %

Shares of Microsoft stock opened at $404.27 on Friday. Microsoft Co. has a 1 year low of $275.37 and a 1 year high of $430.82. The business has a 50-day moving average of $415.29 and a two-hundred day moving average of $384.29. The company has a market capitalization of $3.00 trillion, a P/E ratio of 36.55, a price-to-earnings-growth ratio of 2.21 and a beta of 0.89. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. The business had revenue of $62.02 billion during the quarter, compared to the consensus estimate of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. Microsoft’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the company earned $2.32 earnings per share. As a group, equities analysts predict that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s payout ratio is presently 27.12%.

Analyst Ratings Changes

Several research firms recently commented on MSFT. UBS Group restated a “buy” rating and set a $480.00 target price on shares of Microsoft in a research report on Wednesday, April 10th. Barclays raised their target price on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. DA Davidson restated a “buy” rating and set a $500.00 target price on shares of Microsoft in a research report on Friday, March 15th. BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price objective for the company in a research report on Thursday, January 18th. Finally, Wells Fargo & Company lifted their price objective on Microsoft from $460.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $432.13.

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.