Wealth Dimensions Group Ltd. Has $7.25 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Wealth Dimensions Group Ltd. grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,846 shares of the software giant's stock after buying an additional 629 shares during the period. Microsoft accounts for 1.8% of Wealth Dimensions Group Ltd.'s investment portfolio, making the stock its 15th biggest position. Wealth Dimensions Group Ltd.'s holdings in Microsoft were worth $7,249,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Christopher J. Hasenberg Inc raised its stake in Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock worth $39,000 after purchasing an additional 25 shares during the period. Quarry LP acquired a new position in Microsoft in the second quarter valued at $45,000. MidAtlantic Capital Management Inc. purchased a new stake in Microsoft during the third quarter valued at about $62,000. Innealta Capital LLC acquired a new stake in Microsoft during the second quarter worth about $75,000. Finally, Carolina Wealth Advisors LLC raised its holdings in shares of Microsoft by 10.1% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant's stock worth $145,000 after purchasing an additional 31 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

NASDAQ MSFT opened at $414.99 on Friday. The company has a 50 day simple moving average of $432.55 and a 200-day simple moving average of $424.95. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35. The firm has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 34.24, a price-to-earnings-growth ratio of 2.40 and a beta of 0.90. 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 (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. During the same quarter last year, the business earned $2.93 earnings per share. Equities research analysts predict that Microsoft Co. will post 12.9 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft's payout ratio is presently 26.73%.

Analysts Set New Price Targets

MSFT has been the topic of a number of research reports. JPMorgan Chase & Co. cut their target price on shares of Microsoft from $470.00 to $465.00 and set an "overweight" rating on the stock in a research note on Thursday, October 31st. BMO Capital Markets lowered their target price on Microsoft from $500.00 to $495.00 and set an "outperform" rating for the company in a research note on Thursday, October 31st. KeyCorp boosted their price target on Microsoft from $490.00 to $505.00 and gave the stock an "overweight" rating in a research report on Friday, October 18th. Wells Fargo & Company reaffirmed a "buy" rating on shares of Microsoft in a research report on Friday, October 18th. Finally, UBS Group decreased their target price on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $509.72.

Insider Buying and Selling

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