Microsoft Co. (NASDAQ:MSFT) is Curi RMB Capital LLC's Largest Position

Curi RMB Capital LLC boosted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 323,613 shares of the software giant's stock after purchasing an additional 12,858 shares during the period. Microsoft makes up approximately 3.2% of Curi RMB Capital LLC's investment portfolio, making the stock its biggest holding. Curi RMB Capital LLC's holdings in Microsoft were worth $139,251,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MSFT. Christopher J. Hasenberg Inc increased its stake in Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant's stock worth $31,000 after buying an additional 44 shares during the period. Quarry LP purchased a new position in shares of Microsoft during the second quarter worth approximately $45,000. Innealta Capital LLC bought a new stake in shares of Microsoft during the second quarter valued at approximately $75,000. Carolina Wealth Advisors LLC boosted its holdings in shares of Microsoft by 10.1% in the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant's stock valued at $145,000 after purchasing an additional 31 shares during the period. Finally, MayTech Global Investments LLC bought a new position in Microsoft in the second quarter worth approximately $200,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In related news, CMO Takeshi Numoto sold 2,500 shares of the firm's stock in a transaction on 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 sale, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the sale, the executive vice president now directly owns 117,294 shares in the company, valued at approximately $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 41,200 shares of company stock valued at $17,383,892 over the last ninety days. Company insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on Microsoft from $506.00 to $548.00 and gave the company an "overweight" rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. lowered their price objective on shares of Microsoft from $470.00 to $465.00 and set an "overweight" rating for the company in a research note on Thursday, October 31st. TD Cowen dropped their target price on shares of Microsoft from $495.00 to $475.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a report on Tuesday, November 5th. Finally, Mizuho increased their price objective on shares of Microsoft from $480.00 to $510.00 and gave the company an "outperform" rating in a research note on Friday, December 13th. Three investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $512.93.

Microsoft Stock Performance

Shares of Microsoft stock traded up $4.45 on Monday, reaching $429.03. 26,146,013 shares of the stock were exchanged, compared to its average volume of 17,227,436. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $3.19 trillion, a price-to-earnings ratio of 35.40, a PEG ratio of 2.22 and a beta of 0.90. The business has a 50 day moving average price of $429.32 and a two-hundred day moving average price of $426.14.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.20. The firm had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business's quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.99 earnings per share. Analysts anticipate that Microsoft Co. will post 12.92 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.77%. Microsoft's dividend payout ratio (DPR) is presently 27.39%.

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.