Physician Wealth Advisors Inc. Increases Position in Microsoft Co. (NASDAQ:MSFT)

Physician Wealth Advisors Inc. boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 10.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 15,220 shares of the software giant’s stock after acquiring an additional 1,393 shares during the quarter. Microsoft comprises about 1.3% of Physician Wealth Advisors Inc.’s portfolio, making the stock its 18th largest position. Physician Wealth Advisors Inc.’s holdings in Microsoft were worth $6,035,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in MSFT. Gunderson Capital Management Inc. raised its position in Microsoft by 0.7% during the 4th quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock worth $9,359,000 after buying an additional 185 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Microsoft by 4.1% during the third quarter. Geneos Wealth Management Inc. now owns 82,267 shares of the software giant’s stock valued at $25,976,000 after purchasing an additional 3,209 shares during the period. Bailard Inc. boosted its holdings in Microsoft by 1.2% in the third quarter. Bailard Inc. now owns 470,301 shares of the software giant’s stock valued at $148,497,000 after purchasing an additional 5,366 shares during the last quarter. RNC Capital Management LLC raised its stake in shares of Microsoft by 10.4% during the 4th quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after buying an additional 6,484 shares during the last quarter. Finally, Independence Bank of Kentucky lifted its holdings in shares of Microsoft by 7.7% in the 3rd quarter. Independence Bank of Kentucky now owns 17,471 shares of the software giant’s stock valued at $5,516,000 after buying an additional 1,245 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now owns 574,129 shares in the company, valued at $236,414,839.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now directly owns 574,129 shares in the company, valued at $236,414,839.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Insiders have sold a total of 1,070,258 shares of company stock valued at $30,690,456 in the last ninety days. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.5 %

NASDAQ:MSFT opened at $400.96 on Tuesday. Microsoft Co. has a 52 week low of $275.37 and a 52 week high of $430.82. The stock’s fifty day moving average is $414.57 and its two-hundred day moving average is $386.37. The stock has a market capitalization of $2.98 trillion, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 2.16 and a beta of 0.89. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.17. The firm 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%. Microsoft’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.32 EPS. Research analysts anticipate that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have commented on MSFT. BNP Paribas upgraded Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price objective on the stock in a research report on Thursday, January 18th. BMO Capital Markets lifted their price objective on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. Citigroup dropped their target price on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, April 18th. Barclays increased their price target on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Finally, Raymond James lifted their price target on shares of Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and thirty-five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $434.05.

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.