39,261 Shares in Microsoft Co. (NASDAQ:MSFT) Purchased by Grandview Asset Management LLC

Grandview Asset Management LLC purchased a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 39,261 shares of the software giant's stock, valued at approximately $16,549,000. Microsoft accounts for approximately 6.1% of Grandview Asset Management LLC's investment portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Dale Q Rice Investment Management Ltd acquired a new stake in Microsoft in the fourth quarter valued at approximately $3,375,000. PSI Advisors LLC lifted its stake in Microsoft by 1.5% in the fourth quarter. PSI Advisors LLC now owns 6,271 shares of the software giant's stock valued at $2,643,000 after acquiring an additional 93 shares during the last quarter. Marcum Wealth LLC lifted its stake in Microsoft by 3.2% in the fourth quarter. Marcum Wealth LLC now owns 50,462 shares of the software giant's stock valued at $21,270,000 after acquiring an additional 1,566 shares during the last quarter. Ellenbecker Investment Group lifted its stake in Microsoft by 1.6% in the fourth quarter. Ellenbecker Investment Group now owns 10,687 shares of the software giant's stock valued at $4,505,000 after acquiring an additional 165 shares during the last quarter. Finally, Traveka Wealth LLC lifted its stake in Microsoft by 8.1% in the fourth quarter. Traveka Wealth LLC now owns 15,685 shares of the software giant's stock valued at $6,611,000 after acquiring an additional 1,171 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Morgan Stanley reduced their price objective on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. StockNews.com upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Wednesday, January 22nd. Piper Sandler restated an "overweight" rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Finally, Wedbush restated an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $510.96.

Microsoft Stock Performance

Microsoft stock traded down $7.88 on Friday, hitting $408.25. The company's stock had a trading volume of 27,440,364 shares, compared to its average volume of 23,130,024. The company has a fifty day moving average price of $425.20 and a 200-day moving average price of $422.69. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The firm has a market cap of $3.03 trillion, a P/E ratio of 32.87, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period last year, the business posted $2.93 EPS. On average, equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft's payout ratio is 26.73%.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the company's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the transaction, the chief marketing officer now owns 49,352 shares in the company, valued at $22,080,578.32. This represents a 4.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have sold 8,000 shares of company stock valued at $3,493,820. 0.03% of the stock is owned by insiders.

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.