Tyler Stone Wealth Management Increases Position in Microsoft Co. (NASDAQ:MSFT)

Tyler Stone Wealth Management boosted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 118.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,479 shares of the software giant's stock after buying an additional 11,633 shares during the period. Microsoft accounts for approximately 1.7% of Tyler Stone Wealth Management's holdings, making the stock its 10th largest holding. Tyler Stone Wealth Management's holdings in Microsoft were worth $9,242,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Net Worth Advisory Group purchased a new stake in shares of Microsoft in the third quarter worth about $2,645,000. Oak Ridge Investments LLC raised its holdings in Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock valued at $113,399,000 after acquiring an additional 18,544 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Microsoft by 1.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant's stock worth $882,816,000 after purchasing an additional 31,401 shares during the last quarter. Jacobs & Co. CA lifted its holdings in Microsoft by 0.9% during the 3rd quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant's stock worth $41,318,000 after buying an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its holdings in Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock worth $32,830,000 after purchasing an additional 1,489 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of Microsoft stock traded up $10.36 during midday trading on Wednesday, reaching $426.03. The company had a trading volume of 8,688,458 shares, compared to its average volume of 16,715,867. The stock has a fifty day simple moving average of $429.08 and a 200 day simple moving average of $426.72. Microsoft Co. has a 1-year low of $384.81 and a 1-year high of $468.35. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $3.17 trillion, a price-to-earnings ratio of 35.15, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results 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 company had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The company's revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.99 EPS. As a group, equities research analysts forecast that Microsoft Co. will post 12.93 earnings per share for the current year.

Microsoft Dividend Announcement

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 paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft's dividend payout ratio (DPR) is currently 27.39%.

Analyst Ratings Changes

Several research firms have recently commented on MSFT. UBS Group upped their target price on Microsoft from $500.00 to $525.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Wedbush restated an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a report on Tuesday, November 19th. Morgan Stanley boosted their target price on Microsoft from $506.00 to $548.00 and gave the stock an "overweight" rating in a research report on Thursday, October 31st. 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 upped their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $511.62.

Insider Transactions at Microsoft

In related news, EVP Christopher David Young sold 7,200 shares of the company's stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 103,366 shares of the company's stock, valued at approximately $43,792,039.56. This represents a 6.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. This represents a 4.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,200 shares of company stock worth $17,383,892 in the last three months. Insiders own 0.03% of the company's stock.

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.