Microsoft Co. (NASDAQ:MSFT) is Dynamic Advisor Solutions LLC's 4th Largest Position

Dynamic Advisor Solutions LLC reduced its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 160,105 shares of the software giant's stock after selling 1,316 shares during the quarter. Microsoft comprises approximately 2.1% of Dynamic Advisor Solutions LLC's investment portfolio, making the stock its 4th biggest holding. Dynamic Advisor Solutions LLC's holdings in Microsoft were worth $68,893,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Christopher J. Hasenberg Inc grew its position in Microsoft by 169.2% during the 2nd 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 last quarter. Quarry LP acquired a new stake in shares of Microsoft during the second quarter worth $45,000. Innealta Capital LLC purchased a new stake in shares of Microsoft during the second quarter valued at $75,000. Bellevue Group AG increased its position 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 acquiring an additional 58 shares during the period. Finally, Bbjs Financial Advisors LLC raised its stake in Microsoft by 241.4% in the 2nd quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant's stock worth $169,000 after acquiring an additional 268 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Microsoft 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 transaction, the chief financial officer now owns 496,369 shares of the company's stock, valued at $203,784,292.95. This represents a 7.11 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Satya Nadella sold 78,353 shares of the stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total transaction of $32,017,386.39. Following the transaction, the chief executive officer now directly owns 864,327 shares of the company's stock, valued at approximately $353,189,942.01. This trade represents a 8.31 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 183,431 shares of company stock worth $74,956,968. Company insiders own 0.03% of the company's stock.

Microsoft Trading Up 1.0 %

NASDAQ MSFT traded up $4.13 on Friday, reaching $417.00. 24,814,626 shares of the company were exchanged, compared to its average volume of 23,244,906. Microsoft Co. has a fifty-two week low of $362.90 and a fifty-two week high of $468.35. The stock has a market capitalization of $3.10 trillion, a P/E ratio of 34.41, a price-to-earnings-growth ratio of 2.19 and a beta of 0.91. The business's fifty day moving average price is $421.94 and its 200 day moving average price is $426.19. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $65.59 billion during 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%. Microsoft's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.99 earnings per share. Analysts forecast that Microsoft Co. will post 12.93 earnings per share for the current year.

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

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be issued a $0.83 dividend. The ex-dividend date is Thursday, November 21st. This is a boost from Microsoft's previous quarterly dividend of $0.75. This represents a $3.32 dividend on an annualized basis and a yield of 0.80%. Microsoft's dividend payout ratio is currently 27.39%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. BMO Capital Markets dropped their price target on Microsoft from $500.00 to $495.00 and set an "outperform" rating on the stock in a research note on Thursday, October 31st. Oppenheimer lowered Microsoft from an "outperform" rating to a "market perform" rating in a research report on Tuesday, October 8th. Citigroup reduced their price target on shares of Microsoft from $500.00 to $497.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Piper Sandler reaffirmed an "overweight" rating and issued a $470.00 price objective on shares of Microsoft in a report on Thursday, October 31st. Finally, Wells Fargo & Company restated a "buy" rating on shares of Microsoft in a research report on Friday, October 18th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $503.03.

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.