Microsoft Co. (MSFT:NSD) has seen increased investment from institutional investors, including Secure Asset Management LLC, which boosted its stake in the company by 16.3% in the fourth quarter of 2022.
Other investment firms, such as Monterey Private Wealth Inc. and Bourgeon Capital Management LLC, have also raised their holdings in Microsoft during the same period. Sunburst Financial Group LLC, Goelzer Investment Management Inc., and 44 Wealth Management LLC are among the other companies to have boosted their stakes. Institutional investors and hedge funds own around 69.15% of Microsoft stock.
Microsoft Stock Price Analysis:
Shares of MSFT opened at $291.60 on Monday, with a 52-week low of $213.43 and a 52-week high of $303.65. The company has a market capitalization of $2.17 trillion, a price-to-earnings ratio of 32.40, and a beta of 0.93.
The software giant reported $2.32 earnings per share (EPS) for the fourth quarter, beating analysts’ consensus estimates of $2.27 by $0.05, and had revenue of $52.75 billion for the same period.
Microsoft Stock Dividend:
Microsoft has announced a quarterly dividend of $0.68 per share, which will be paid on Tuesday, June 6th. The ex-dividend date is Wednesday, May 17th. As of now, Microsoft’s dividend payout ratio is 30.22%.
Microsoft continues to be a popular investment choice for institutional investors and has a stable financial performance with solid revenue growth. Its dividend payout is also attractive for shareholders.
Insider Transactions:
In related news, Microsoft’s CMO Christopher C. Capossela sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 13th, for a total value of $272,320.00. The CEO Satya Nadella sold 4,767 shares of Microsoft stock in a transaction that occurred on Tuesday, February 28th.
Company Profile:
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.
