Quattro Financial Advisors LLC Has $181,000 Holdings in Microsoft Co. (NASDAQ:MSFT)

Quattro Financial Advisors LLC lessened its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 99.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421 shares of the software giant’s stock after selling 166,203 shares during the quarter. Microsoft comprises 0.0% of Quattro Financial Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Quattro Financial Advisors LLC’s holdings in Microsoft were worth $181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MSFT. Christopher J. Hasenberg Inc increased its stake in Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock valued at $31,000 after buying an additional 44 shares during the last quarter. Quarry LP bought a new position in shares of Microsoft in the second quarter valued at approximately $45,000. Innealta Capital LLC purchased a new position in Microsoft in the second quarter worth $75,000. Bellevue Group AG grew its stake in Microsoft by 47.5% in the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock valued at $76,000 after purchasing an additional 58 shares during the period. Finally, Bbjs Financial Advisors LLC increased its position in shares of Microsoft by 241.4% during the 2nd quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock valued at $169,000 after purchasing an additional 268 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on MSFT shares. UBS Group dropped their target price on shares of Microsoft from $510.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Morgan Stanley upped their price objective on Microsoft from $506.00 to $548.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. BMO Capital Markets reduced their price objective on Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. The Goldman Sachs Group lowered their target price on Microsoft from $515.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Finally, StockNews.com upgraded Microsoft from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $504.36.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Christopher David Young sold 7,200 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total value of $3,050,352.00. Following the completion of the sale, the executive vice president now owns 103,366 shares of the company’s stock, valued at $43,792,039.56. This represents a 6.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total transaction of $1,027,600.00. Following the transaction, the chief marketing officer now directly owns 50,000 shares in the company, valued at $20,552,000. This trade represents a 4.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 58,578 shares of company stock worth $24,450,096 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $443.57 on Monday. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average price of $421.47 and a 200-day moving average price of $427.00. The company has a market cap of $3.30 trillion, a PE ratio of 36.60, a price-to-earnings-growth ratio of 2.32 and a beta of 0.90. Microsoft Co. has a 12-month low of $364.13 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.20. The business had revenue of $65.59 billion during the quarter, compared to analysts’ expectations of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.99 EPS. As a group, equities analysts forecast that Microsoft Co. will post 12.93 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.75%. Microsoft’s dividend payout ratio is presently 27.39%.

Microsoft declared that its board has approved a stock buyback plan on Monday, September 16th that allows the company to buyback $60.00 billion in outstanding shares. This buyback authorization allows the software giant to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its shares are undervalued.

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.