Microsoft Co. (NASDAQ:MSFT) is Traveka Wealth LLC's 5th Largest Position

Traveka Wealth LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,685 shares of the software giant's stock after purchasing an additional 1,171 shares during the period. Microsoft makes up approximately 3.6% of Traveka Wealth LLC's holdings, making the stock its 5th largest position. Traveka Wealth LLC's holdings in Microsoft were worth $6,611,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BCK Partners Inc. lifted its stake in Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock worth $582,000 after purchasing an additional 24 shares in the last quarter. Conscious Wealth Investments LLC lifted its stake in Microsoft by 0.4% in the 2nd quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant's stock worth $3,108,000 after purchasing an additional 25 shares in the last quarter. Global Wealth Strategies & Associates lifted its stake in Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant's stock worth $1,290,000 after purchasing an additional 25 shares in the last quarter. Christopher J. Hasenberg Inc lifted its stake in Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock worth $39,000 after purchasing an additional 25 shares in the last quarter. Finally, Sequent Asset Management LLC lifted its stake in Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock worth $853,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the transaction, the chief marketing officer now directly owns 53,852 shares in the company, valued at approximately $23,203,211.24. This trade represents a 4.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have sold 8,000 shares of company stock worth $3,493,820. Corporate insiders own 0.03% of the company's stock.

Microsoft Trading Down 1.9 %

MSFT stock traded down $7.88 during mid-day trading on Friday, reaching $408.25. The company had a trading volume of 27,440,364 shares, compared to its average volume of 23,130,024. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market capitalization of $3.03 trillion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The firm has a 50 day moving average of $425.20 and a 200 day moving average of $422.69. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts' consensus estimates 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 in the prior year, the company posted $2.93 EPS. On average, equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.81%. Microsoft's dividend payout ratio is presently 26.73%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Loop Capital boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, December 23rd. StockNews.com upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Wednesday, January 22nd. Sanford C. Bernstein decreased their price target on shares of Microsoft from $501.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Truist Financial restated a "buy" rating and set a $600.00 target price on shares of Microsoft in a research report on Monday, October 28th. Finally, Piper Sandler restated an "overweight" rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $510.96.

Microsoft Company 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.