OneDigital Investment Advisors LLC Purchases 8,302 Shares of Microsoft Co. (NASDAQ:MSFT)

OneDigital Investment Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 268,484 shares of the software giant's stock after buying an additional 8,302 shares during the period. Microsoft makes up 1.3% of OneDigital Investment Advisors LLC's investment portfolio, making the stock its 12th largest holding. OneDigital Investment Advisors LLC's holdings in Microsoft were worth $115,529,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. International Assets Investment Management LLC boosted its position in shares of Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares in the last quarter. Wulff Hansen & CO. boosted its holdings in Microsoft by 47,196.6% in the second quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant's stock worth $2,160,850,000 after acquiring an additional 4,824,436 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Microsoft by 67.5% in the third quarter. Assenagon Asset Management S.A. now owns 5,963,863 shares of the software giant's stock valued at $2,566,250,000 after acquiring an additional 2,404,348 shares during the period. Baillie Gifford & Co. increased its holdings in shares of Microsoft by 46.1% during the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock valued at $3,032,859,000 after acquiring an additional 2,222,483 shares in the last quarter. Finally, AustralianSuper Pty Ltd raised its position in shares of Microsoft by 56.9% during the third quarter. AustralianSuper Pty Ltd now owns 5,344,566 shares of the software giant's stock worth $2,299,767,000 after purchasing an additional 1,938,304 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Activity at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the transaction, the executive vice president now directly owns 117,294 shares of the company's stock, valued at $48,911,598. This trade represents a 17.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Takeshi Numoto sold 1,000 shares of the company's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares in the company, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

Microsoft stock traded up $4.45 during midday trading on Monday, reaching $429.03. The stock had a trading volume of 26,146,013 shares, compared to its average volume of 17,227,436. 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 PE ratio of 35.40, a P/E/G ratio of 2.22 and a beta of 0.90. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35. The firm's 50-day moving average price is $429.32 and its 200 day moving average price is $426.14.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating analysts' consensus estimates of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The company had revenue of $65.59 billion for the quarter, compared to analysts' expectations of $64.57 billion. During the same period in the prior year, the company posted $2.99 EPS. Microsoft's revenue was up 16.0% compared to the same quarter last year. As a group, research analysts predict that Microsoft Co. will post 12.92 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft's dividend payout ratio (DPR) is presently 27.39%.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of recent research reports. Oppenheimer lowered shares of Microsoft from an "outperform" rating to a "market perform" rating in a research note on Tuesday, October 8th. Cantor Fitzgerald initiated coverage on shares of Microsoft in a research report on Friday. They set an "overweight" rating and a $509.00 target price for the company. JPMorgan Chase & Co. dropped their price target on shares of Microsoft from $470.00 to $465.00 and set an "overweight" rating on the stock in a research report on Thursday, October 31st. Wells Fargo & Company reissued a "buy" rating on shares of Microsoft in a report on Friday, October 18th. Finally, Mizuho raised their target price on Microsoft from $480.00 to $510.00 and gave the company an "outperform" rating in a report on Friday, December 13th. Three research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $512.93.

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.