Campbell Capital Management Inc. Invests $20.53 Million in Microsoft Co. (NASDAQ:MSFT)

Campbell Capital Management Inc. bought a new stake in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 54,592 shares of the software giant’s stock, valued at approximately $20,529,000. Microsoft makes up approximately 9.6% of Campbell Capital Management Inc.’s holdings, making the stock its 3rd biggest position.

Several other hedge funds also recently bought and sold shares of MSFT. Monumental Financial Group Inc. acquired a new stake in Microsoft during the first quarter worth approximately $28,000. Atlantic Private Wealth LLC boosted its stake in Microsoft by 534.5% in the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after buying an additional 155 shares during the last quarter. Hibernia Wealth Partners LLC purchased a new stake in Microsoft in the 3rd quarter valued at about $69,000. Iron Horse Wealth Management LLC increased its stake in shares of Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after acquiring an additional 105 shares during the last quarter. Finally, MayTech Global Investments LLC purchased a new position in shares of Microsoft during the 4th quarter worth about $83,000. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Microsoft Stock Up 0.9 %

MSFT opened at $425.23 on Thursday. The stock’s 50 day moving average price is $405.78 and its 200 day moving average price is $370.35. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. The stock has a market cap of $3.16 trillion, a P/E ratio of 38.45, a P/E/G ratio of 2.22 and a beta of 0.89. Microsoft Co. has a 12 month low of $269.52 and a 12 month high of $427.82.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. The company had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $2.32 earnings per share. As a group, research analysts predict that Microsoft Co. will post 11.63 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 27.12%.

Insider Activity at Microsoft

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the sale, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The disclosure for this sale can be found here. Insiders have sold 1,070,258 shares of company stock worth $30,690,456 over the last quarter. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MSFT shares. Wedbush restated an “outperform” rating and set a $450.00 price objective on shares of Microsoft in a report on Monday, January 29th. Argus lifted their price objective on Microsoft from $390.00 to $430.00 and gave the company a “buy” rating in a research note on Tuesday, December 5th. Macquarie increased their target price on shares of Microsoft from $430.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Mizuho raised their price target on shares of Microsoft from $420.00 to $450.00 and gave the company a “buy” rating in a report on Friday, December 15th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $465.00 price objective on shares of Microsoft in a research report on Wednesday, March 6th. Four research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $415.00.

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.