D1 Capital Partners L.P. Has $139.40 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

D1 Capital Partners L.P. decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,885 shares of the software giant's stock after selling 21,657 shares during the period. Microsoft makes up 2.4% of D1 Capital Partners L.P.'s portfolio, making the stock its 17th biggest position. D1 Capital Partners L.P.'s holdings in Microsoft were worth $139,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Christopher J. Hasenberg Inc raised its position in shares of Microsoft by 169.2% during the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant's stock worth $31,000 after purchasing an additional 44 shares during the period. Innealta Capital LLC acquired a new stake in Microsoft during the 2nd quarter worth about $75,000. Bellevue Group AG increased its holdings in shares of Microsoft by 47.5% in the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant's stock valued at $76,000 after purchasing an additional 58 shares during the period. Bbjs Financial Advisors LLC lifted its position in shares of Microsoft by 241.4% in the second quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant's stock worth $169,000 after purchasing an additional 268 shares in the last quarter. Finally, MayTech Global Investments LLC acquired a new stake in shares of Microsoft during the second quarter worth approximately $200,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $500.00 price objective on shares of Microsoft in a research note on Tuesday, November 5th. Oppenheimer lowered shares of Microsoft from an "outperform" rating to a "market perform" rating in a research report on Tuesday, October 8th. Morgan Stanley raised their target price on Microsoft from $506.00 to $548.00 and gave the company an "overweight" rating in a report on Thursday, October 31st. UBS Group reduced their price objective on Microsoft from $510.00 to $500.00 and set a "buy" rating for the company in a research report on Thursday, October 31st. Finally, The Goldman Sachs Group dropped their target price on shares of Microsoft from $515.00 to $500.00 and set a "buy" rating on the stock in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $503.03.

Insider Buying and Selling at Microsoft

In other news, CFO Amy Hood sold 38,000 shares of the company's stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $410.55, for a total value of $15,600,900.00. Following the sale, the chief financial officer now directly owns 496,369 shares of the company's stock, valued at approximately $203,784,292.95. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $417.41, for a total value of $6,009,869.18. Following the transaction, the chief executive officer now directly owns 786,933 shares of the company's stock, valued at $328,473,703.53. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Amy Hood sold 38,000 shares of the company's stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $410.55, for a total value of $15,600,900.00. Following the completion of the transaction, the chief financial officer now directly owns 496,369 shares in the company, valued at $203,784,292.95. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 190,629 shares of company stock worth $77,916,485 over the last quarter. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Down 0.7 %

Shares of MSFT stock traded down $2.89 during trading on Friday, reaching $422.54. The company's stock had a trading volume of 16,891,414 shares, compared to its average volume of 20,265,076. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. Microsoft Co. has a one year low of $360.36 and a one year high of $468.35. The business has a fifty day moving average price of $421.09 and a 200-day moving average price of $425.07. The company has a market cap of $3.14 trillion, a price-to-earnings ratio of 34.86, a price-to-earnings-growth ratio of 2.23 and a beta of 0.91.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.10 by $0.20. The business had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. Microsoft's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.99 earnings per share. Analysts anticipate that Microsoft Co. will post 12.94 earnings per share for the current year.

Microsoft Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.79%. This is an increase from Microsoft's previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, November 21st. Microsoft's payout ratio is presently 24.75%.

Microsoft announced that its board has authorized a share buyback program on Monday, September 16th that permits the company to buyback $60.00 billion in shares. This buyback authorization permits the software giant to reacquire up to 1.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

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.