Outlook Wealth Advisors LLC Has $3.23 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Outlook Wealth Advisors LLC decreased its position in Microsoft Co. (NASDAQ:MSFT) by 1.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,683 shares of the software giant’s stock after selling 81 shares during the period. Microsoft makes up 1.0% of Outlook Wealth Advisors LLC’s holdings, making the stock its 23rd biggest holding. Outlook Wealth Advisors LLC’s holdings in Microsoft were worth $3,232,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Lodestone Wealth Management LLC raised its holdings in shares of Microsoft by 0.5% during the third quarter. Lodestone Wealth Management LLC now owns 14,103 shares of the software giant’s stock valued at $4,453,000 after purchasing an additional 68 shares during the period. Caliber Wealth Management LLC increased its position in Microsoft by 3.7% in the 3rd quarter. Caliber Wealth Management LLC now owns 8,888 shares of the software giant’s stock valued at $2,806,000 after buying an additional 316 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Microsoft by 1.3% during the third quarter. Wealthcare Advisory Partners LLC now owns 65,525 shares of the software giant’s stock valued at $20,689,000 after acquiring an additional 844 shares in the last quarter. McGuire Investment Group LLC raised its position in shares of Microsoft by 3.8% during the third quarter. McGuire Investment Group LLC now owns 52,388 shares of the software giant’s stock worth $16,541,000 after purchasing an additional 1,922 shares during the period. Finally, Kentucky Retirement Systems bought a new position in shares of Microsoft in the 3rd quarter worth $188,066,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of Microsoft stock traded up $7.28 during trading hours on Friday, reaching $406.32. The company had a trading volume of 29,640,094 shares, compared to its average volume of 18,152,042. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. Microsoft Co. has a one year low of $295.25 and a one year high of $430.82. The firm has a market cap of $3.02 trillion, a PE ratio of 35.18, a price-to-earnings-growth ratio of 2.16 and a beta of 0.89. The business has a fifty day simple moving average of $414.48 and a 200 day simple moving average of $387.70.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 38.87%. The company had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. During the same period last year, the business earned $2.45 earnings per share. Microsoft’s revenue was up 17.0% compared to the same quarter last year. On average, analysts anticipate that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Insider Transactions at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the sale, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction 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 approximately $64,538,265.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 45,000 shares of the business’s stock in a transaction that occurred 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 sale, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,070,258 shares of company stock valued at $30,690,456. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. KeyCorp initiated coverage on shares of Microsoft in a research note on Thursday, March 21st. They set an “overweight” rating and a $490.00 price target for the company. UBS Group restated a “buy” rating and issued a $480.00 target price on shares of Microsoft in a report on Wednesday, April 10th. Barclays lifted their price target on Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research note on Wednesday, January 31st. Jefferies Financial Group increased their price objective on Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Finally, BMO Capital Markets lifted their target price on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $452.61.

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.