Thompson Siegel & Walmsley LLC Acquires 8,692 Shares of Microsoft Co. (NASDAQ:MSFT)

Thompson Siegel & Walmsley LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 9.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,990 shares of the software giant’s stock after acquiring an additional 8,692 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Microsoft were worth $43,886,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. International Assets Investment Management LLC grew its holdings in Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Microsoft by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant’s stock worth $15,426,767,000 after buying an additional 97,075 shares during the period. Dimensional Fund Advisors LP boosted its position in Microsoft by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant’s stock valued at $10,768,771,000 after acquiring an additional 1,563,533 shares in the last quarter. Swiss National Bank increased its holdings in shares of Microsoft by 0.3% in the 3rd quarter. Swiss National Bank now owns 20,957,770 shares of the software giant’s stock valued at $9,018,128,000 after acquiring an additional 57,800 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of Microsoft by 1.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,388,106 shares of the software giant’s stock worth $7,912,402,000 after acquiring an additional 251,408 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity

In other news, EVP Christopher David Young sold 7,200 shares of the stock in a transaction dated 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 in the company, valued at approximately $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Takeshi Numoto sold 1,000 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the transaction, the chief marketing officer now directly owns 57,511 shares in the company, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,200 shares of company stock valued at $17,383,892 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MSFT. TD Cowen cut their price objective on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. JPMorgan Chase & Co. decreased their price objective on Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a report on Thursday, October 31st. The Goldman Sachs Group dropped 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. Wedbush reiterated an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a research note on Tuesday, November 19th. Finally, Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Three equities research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $512.66.

Microsoft Stock Performance

NASDAQ MSFT opened at $447.24 on Wednesday. The business has a 50 day moving average price of $431.42 and a 200 day moving average price of $425.08. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. The company has a market capitalization of $3.33 trillion, a P/E ratio of 36.90, a PEG ratio of 2.40 and a beta of 0.90. Microsoft Co. has a 1-year low of $385.58 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last issued 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 the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.99 earnings per share. Sell-side analysts expect that Microsoft Co. will post 12.9 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is 27.39%.

Microsoft Company 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.