FF Advisors LLC Has $3.06 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

FF Advisors LLC lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,842 shares of the software giant’s stock after selling 82 shares during the period. Microsoft accounts for 2.1% of FF Advisors LLC’s portfolio, making the stock its 14th largest position. FF Advisors LLC’s holdings in Microsoft were worth $3,060,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. WFA Asset Management Corp lifted its position in shares of 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 acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. raised its stake in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares in the last quarter. O Neil Global Advisors Inc. lifted its position in Microsoft by 292.9% in the second quarter. O Neil Global Advisors Inc. now owns 5,500 shares of the software giant’s stock worth $2,458,000 after purchasing an additional 4,100 shares during the period. Parallel Advisors LLC boosted its stake in Microsoft by 4.1% during the second quarter. Parallel Advisors LLC now owns 178,114 shares of the software giant’s stock worth $79,608,000 after buying an additional 7,026 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its holdings in Microsoft by 29.1% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 133,914 shares of the software giant’s stock valued at $59,852,000 after buying an additional 30,198 shares during the period. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Down 1.8 %

Shares of MSFT opened at $392.53 on Friday. The business’s fifty day moving average price is $421.47 and its two-hundred day moving average price is $422.79. The firm has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 31.60, a PEG ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter last year, the firm earned $2.93 EPS. On average, analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is 26.73%.

Insider Transactions at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $437.32, for a total value of $874,640.00. Following the transaction, the chief marketing officer now directly owns 51,852 shares of the company’s stock, valued at approximately $22,675,916.64. This trade represents a 3.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 7,000 shares of company stock worth $3,070,340 in the last quarter. 0.03% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MSFT. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. UBS Group cut their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Finally, StockNews.com raised Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to data from MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and an average target price of $510.96.

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.