Dominguez Wealth Management Solutions Inc. Boosts Stock Position in Microsoft Co. (NASDAQ:MSFT)

Dominguez Wealth Management Solutions Inc. boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,822 shares of the software giant’s stock after purchasing an additional 103 shares during the period. Dominguez Wealth Management Solutions Inc.’s holdings in Microsoft were worth $768,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $437.32, for a total transaction of $874,640.00. Following the completion of the transaction, the chief marketing officer now owns 51,852 shares of the company’s stock, valued at $22,675,916.64. This trade represents a 3.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 7,000 shares of company stock valued at $3,070,340 in the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Up 1.2 %

Shares of NASDAQ:MSFT opened at $397.12 on Friday. 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 $2.95 trillion, a P/E ratio of 31.97, a P/E/G ratio of 2.21 and a beta of 0.90. The stock has a 50 day moving average price of $420.68 and a 200-day moving average price of $422.73. 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 announced its earnings results 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 33.36% and a net margin of 35.43%. During the same period last year, the company posted $2.93 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday. DA Davidson restated a “neutral” rating and set a $425.00 target price on shares of Microsoft in a report on Thursday, January 30th. Morgan Stanley dropped their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Finally, Wedbush restated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and twenty-six 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 an average target price of $510.96.

About Microsoft

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.