May 20, 2024

Truist Monetary Corp lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) by 3.3% within the 2nd quarter, in keeping with the corporate in its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The fund owned 4,818,449 shares of the software program large’s inventory after promoting 165,298 shares in the course of the interval. Microsoft makes up 2.7% of Truist Monetary Corp’s holdings, making the inventory its 2nd largest place. Truist Monetary Corp owned roughly 0.06% of Microsoft value $1,640,875,000 as of its most up-to-date SEC submitting.

A number of different institutional traders have additionally lately made modifications to their positions within the enterprise. Sightline Wealth Advisors LLC raised its stake in shares of Microsoft by 0.9% within the 2nd quarter. Sightline Wealth Advisors LLC now owns 3,337 shares of the software program large’s inventory valued at $962,000 after buying a further 29 shares in the course of the interval. Stevens Capital Companions elevated its stake in Microsoft by 2.0% in the course of the 2nd quarter. Stevens Capital Companions now owns 1,516 shares of the software program large’s inventory value $516,000 after shopping for a further 29 shares in the course of the interval. Eagle Bluffs Wealth Administration LLC elevated its stake in Microsoft by 0.3% in the course of the 2nd quarter. Eagle Bluffs Wealth Administration LLC now owns 10,577 shares of the software program large’s inventory value $3,602,000 after shopping for a further 31 shares in the course of the interval. Strategic Funding Options Inc. IL elevated its stake in Microsoft by 0.8% in the course of the 1st quarter. Strategic Funding Options Inc. IL now owns 4,208 shares of the software program large’s inventory value $1,213,000 after shopping for a further 32 shares in the course of the interval. Lastly, Arbor Capital Administration Inc. ADV elevated its stake in Microsoft by 0.5% in the course of the 1st quarter. Arbor Capital Administration Inc. ADV now owns 7,166 shares of the software program large’s inventory value $2,074,000 after shopping for a further 33 shares in the course of the interval. Hedge funds and different institutional traders personal 69.20% of the corporate’s inventory.

Microsoft Inventory Down 1.7 %

MSFT inventory opened at $369.85 on Friday. Microsoft Co. has a one yr low of $219.35 and a one yr excessive of $376.35. The inventory has a market capitalization of $2.75 trillion, a PE ratio of 35.80, a price-to-earnings-growth ratio of two.51 and a beta of 0.88. The corporate has a debt-to-equity ratio of 0.19, a fast ratio of 1.64 and a present ratio of 1.66. The corporate has a fifty day transferring common of $336.17 and a 200-day transferring common of $331.77.

Microsoft (NASDAQ:MSFT – Get Free Report) final launched its earnings outcomes on Tuesday, October twenty fourth. The software program large reported $2.99 EPS for the quarter, topping the consensus estimate of $2.65 by $0.34. Microsoft had a internet margin of 35.31% and a return on fairness of 38.79%. The corporate had income of $56.52 billion in the course of the quarter, in comparison with analysts’ expectations of $54.52 billion. Throughout the identical quarter final yr, the enterprise earned $2.35 EPS. The enterprise’s income was up 12.8% on a year-over-year foundation. As a gaggle, analysts count on that Microsoft Co. will submit 11.13 EPS for the present yr.

Microsoft Will increase Dividend

The enterprise additionally lately declared a quarterly dividend, which might be paid on Thursday, December 14th. Stockholders of report on Thursday, November sixteenth might be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized foundation and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, November fifteenth. This is a rise from Microsoft’s earlier quarterly dividend of $0.68. Microsoft’s dividend payout ratio (DPR) is at present 29.04%.

Insider Exercise

In different information, CEO Satya Nadella bought 38,234 shares of the inventory in a transaction dated Friday, September 1st. The shares have been bought at a median value of $328.43, for a complete worth of $12,557,192.62. Following the completion of the transaction, the chief government officer now owns 800,668 shares within the firm, valued at roughly $262,963,391.24. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible by the SEC web site. In different information, EVP Kathleen T. Hogan bought 26,815 shares of the inventory in a transaction dated Friday, September 1st. The shares have been bought at a median value of $327.37, for a complete worth of $8,778,426.55. Following the completion of the transaction, the chief vice chairman now owns 198,373 shares within the firm, valued at roughly $64,941,369.01. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible by the SEC web site. Additionally, CEO Satya Nadella bought 38,234 shares of the agency’s inventory in a transaction dated Friday, September 1st. The shares have been bought at a median value of $328.43, for a complete transaction of $12,557,192.62. Following the transaction, the chief government officer now owns 800,668 shares of the corporate’s inventory, valued at $262,963,391.24. The disclosure for this sale will be discovered right here. Insiders personal 0.03% of the corporate’s inventory.

Wall Road Analysts Forecast Development

MSFT has been the subject of a number of latest analysis stories. Sanford C. Bernstein upped their goal value on shares of Microsoft from $398.00 to $400.00 and gave the inventory an “outperform” score in a analysis be aware on Wednesday, September twentieth. Royal Financial institution of Canada reaffirmed an “outperform” score and set a $390.00 goal value on shares of Microsoft in a analysis be aware on Wednesday, October twenty fifth. HSBC raised shares of Microsoft from a “maintain” score to a “purchase” score and upped their goal value for the inventory from $347.00 to $413.00 in a analysis be aware on Thursday, October twenty sixth. Loop Capital began protection on shares of Microsoft in a analysis be aware on Tuesday, October seventeenth. They set a “purchase” score and a $425.00 goal value on the inventory. Lastly, Piper Sandler elevated their value goal on shares of Microsoft from $400.00 to $425.00 and gave the corporate an “chubby” score in a analysis report on Wednesday, October twenty fifth. 4 equities analysis analysts have rated the inventory with a maintain score and thirty-five have assigned a purchase score to the corporate. In response to MarketBeat, the corporate has a consensus score of “Reasonable Purchase” and a consensus goal value of $385.11.

Learn Our Newest Inventory Evaluation on MSFT

Microsoft Profile

(Free Report)

Microsoft Company develops and helps software program, companies, units and options worldwide. The Productiveness and Enterprise Processes section provides workplace, trade, SharePoint, Microsoft Groups, workplace 365 Safety and Compliance, Microsoft viva, and Microsoft 365 copilot; and workplace shopper companies, equivalent to Microsoft 365 shopper subscriptions, Workplace licensed on-premises, and different workplace companies.

Featured Tales

Wish to see what different hedge funds are holding MSFT? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFT – Free Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected].

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