HF Advisory Group LLC Has $6.63 Million Holdings in Microsoft Corporation $MSFT

HF Advisory Group LLC lowered its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 8.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,799 shares of the software giant’s stock after selling 1,210 shares during the period. Microsoft comprises about 2.4% of HF Advisory Group LLC’s investment portfolio, making the stock its 2nd biggest holding. HF Advisory Group LLC’s holdings in Microsoft were worth $6,629,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MSFT. WFA Asset Management Corp lifted its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after buying an additional 216 shares during the period. Ironwood Wealth Management LLC. raised its holdings in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC raised its holdings in shares of Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after acquiring an additional 2,138 shares in the last quarter. Wealth Group Ltd. lifted its stake in Microsoft by 1.2% in the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant’s stock worth $1,000,000 after acquiring an additional 28 shares during the period. Finally, Eagle Capital Management LLC boosted its holdings in Microsoft by 0.4% in the fourth quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant’s stock valued at $9,735,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $483.98 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.60 trillion, a P/E ratio of 34.42, a P/E/G ratio of 1.78 and a beta of 1.07. The business’s 50 day moving average price is $500.28 and its 200-day moving average price is $502.57. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.65 by $0.48. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business had revenue of $77.67 billion during the quarter, compared to analysts’ expectations of $75.49 billion. During the same quarter in the previous year, the business earned $3.30 earnings per share. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. Equities research analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a $0.91 dividend. The ex-dividend date is Thursday, February 19th. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. Microsoft’s payout ratio is presently 25.89%.

Insider Activity at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 2,850 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $478.72, for a total transaction of $1,364,352.00. Following the completion of the sale, the executive vice president directly owned 55,782 shares in the company, valued at approximately $26,703,959.04. This trade represents a 4.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bradford L. Smith sold 38,500 shares of Microsoft stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $518.64, for a total transaction of $19,967,640.00. Following the completion of the transaction, the insider directly owned 461,597 shares of the company’s stock, valued at $239,402,668.08. This trade represents a 7.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 54,100 shares of company stock valued at $27,598,872. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MSFT. DA Davidson restated a “buy” rating and issued a $650.00 price objective on shares of Microsoft in a report on Thursday, December 4th. DZ Bank reissued a “buy” rating on shares of Microsoft in a research note on Thursday, October 30th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Microsoft in a research report on Wednesday, November 19th. Cantor Fitzgerald set a $639.00 target price on Microsoft in a research report on Thursday, October 30th. Finally, Cowen restated a “buy” rating on shares of Microsoft in a research note on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $631.03.

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.