Tradewinds LLC. Has $16.97 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Tradewinds LLC. grew its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 39,447 shares of the software giant's stock after purchasing an additional 665 shares during the quarter. Microsoft accounts for 5.2% of Tradewinds LLC.'s portfolio, making the stock its 3rd largest position. Tradewinds LLC.'s holdings in Microsoft were worth $16,974,000 at the end of the most recent quarter.

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

Microsoft Trading Up 2.8 %

MSFT stock traded up $12.15 during midday trading on Tuesday, hitting $446.71. 15,255,078 shares of the company's stock were exchanged, compared to its average volume of 20,057,080. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The company has a market cap of $3.32 trillion, a PE ratio of 36.85, a price-to-earnings-growth ratio of 2.40 and a beta of 0.90. The stock's fifty day moving average price is $431.42 and its 200-day moving average price is $425.08.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. During the same period in the previous year, the firm earned $2.99 EPS. Microsoft's quarterly revenue was up 16.0% compared to the same quarter last year. Research analysts predict that Microsoft Co. will post 12.9 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Thursday, February 20th. Microsoft's payout ratio is presently 27.39%.

Analyst Ratings Changes

A number of brokerages have issued reports on MSFT. Loop Capital lifted their target price 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. KeyCorp lifted their price objective on Microsoft from $490.00 to $505.00 and gave the company an "overweight" rating in a research report on Friday, October 18th. Piper Sandler reaffirmed an "overweight" rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday. TD Cowen reduced their price target on Microsoft from $495.00 to $475.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Finally, Oppenheimer downgraded Microsoft from an "outperform" rating to a "market perform" rating in a report on Tuesday, October 8th. Three equities research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $512.66.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 1,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was 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 owns 57,511 shares in the company, valued at $23,850,961.92. This trade represents a 1.71 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher David Young sold 7,200 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total value of $3,050,352.00. Following the transaction, the executive vice president now directly owns 103,366 shares of the company's stock, valued at $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,200 shares of company stock valued at $17,383,892 in the last 90 days. 0.03% of the stock is currently owned by company insiders.

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.