Microsoft Co. (NASDAQ:MSFT) Stake Raised by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 350,356 shares of the software giant's stock after acquiring an additional 12,137 shares during the period. Microsoft accounts for approximately 6.6% of Tokio Marine Asset Management Co. Ltd.'s investment portfolio, making the stock its biggest position. Tokio Marine Asset Management Co. Ltd.'s holdings in Microsoft were worth $150,758,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Metis Global Partners LLC boosted its position in shares of Microsoft by 2.6% during the 3rd quarter. Metis Global Partners LLC now owns 418,563 shares of the software giant's stock valued at $180,108,000 after acquiring an additional 10,716 shares during the last quarter. Snider Financial Group raised its stake in Microsoft by 4.0% during the third quarter. Snider Financial Group now owns 22,726 shares of the software giant's stock worth $9,779,000 after purchasing an additional 876 shares during the period. Curi RMB Capital LLC raised its stake in Microsoft by 4.1% during the third quarter. Curi RMB Capital LLC now owns 323,613 shares of the software giant's stock worth $139,251,000 after purchasing an additional 12,858 shares during the period. Bretton Capital Management LLC purchased a new stake in shares of Microsoft in the 3rd quarter valued at approximately $5,508,000. Finally, Endowment Wealth Management Inc. increased its holdings in shares of Microsoft by 3.2% during the 3rd quarter. Endowment Wealth Management Inc. now owns 4,731 shares of the software giant's stock worth $2,036,000 after buying an additional 146 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 1,000 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares of the company's stock, valued at approximately $23,850,961.92. This trade represents a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher David Young sold 7,200 shares of the business's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total value of $3,050,352.00. Following the sale, the executive vice president now directly owns 103,366 shares in the company, valued at $43,792,039.56. This trade represents a 6.51 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

Shares of MSFT traded up $4.45 during midday trading on Monday, reaching $429.03. 26,146,013 shares of the stock were exchanged, compared to its average volume of 17,227,436. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The business's 50-day moving average price is $429.32 and its 200 day moving average price is $426.14. The company 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.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its 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 business had revenue of $65.59 billion during the quarter, compared to analysts' expectations of $64.57 billion. During the same period in the prior year, the company earned $2.99 earnings per share. The business's revenue was up 16.0% compared to the same quarter last year. On average, sell-side analysts expect that Microsoft Co. will post 12.92 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.77%. Microsoft's dividend payout ratio is currently 27.39%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. The Goldman Sachs Group decreased their price objective on Microsoft from $515.00 to $500.00 and set a "buy" rating on the stock in a report on Thursday, October 10th. Sanford C. Bernstein lowered their price target on Microsoft from $501.00 to $500.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Truist Financial restated a "buy" rating and issued a $600.00 price objective on shares of Microsoft in a report on Monday, October 28th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $500.00 target price on shares of Microsoft in a research note on Tuesday, November 5th. Finally, Loop Capital boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $512.93.

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.