Henrickson Nauta Wealth Advisors Inc. Buys 2,595 Shares of Microsoft Corporation $MSFT

Henrickson Nauta Wealth Advisors Inc. raised its stake in Microsoft Corporation (NASDAQ:MSFTFree Report) by 75.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,056 shares of the software giant’s stock after buying an additional 2,595 shares during the period. Microsoft comprises 0.4% of Henrickson Nauta Wealth Advisors Inc.’s holdings, making the stock its 20th biggest holding. Henrickson Nauta Wealth Advisors Inc.’s holdings in Microsoft were worth $2,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Longfellow Investment Management Co. LLC increased its holdings in Microsoft by 51.3% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after purchasing an additional 20 shares during the period. Bayforest Capital Ltd purchased a new stake in shares of Microsoft in the 3rd quarter worth $38,000. LSV Asset Management purchased a new stake in shares of Microsoft in the 4th quarter worth $44,000. Sellwood Investment Partners LLC bought a new position in shares of Microsoft during the 3rd quarter worth $49,000. Finally, University of Illinois Foundation bought a new position in shares of Microsoft during the 2nd quarter worth $50,000. 71.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSFT. TD Cowen restated a “buy” rating on shares of Microsoft in a report on Thursday, January 29th. BNP Paribas Exane increased their target price on shares of Microsoft from $632.00 to $659.00 and gave the stock an “outperform” rating in a report on Tuesday, January 27th. HSBC cut their target price on shares of Microsoft from $667.00 to $588.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Citigroup reduced their price target on shares of Microsoft from $660.00 to $635.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Finally, Robert W. Baird set a $540.00 price target on shares of Microsoft and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $588.97.

Get Our Latest Report on Microsoft

Microsoft Stock Down 0.5%

Shares of MSFT stock opened at $371.04 on Thursday. The stock’s fifty day moving average price is $413.24 and its 200 day moving average price is $469.35. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The company has a market cap of $2.76 trillion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.47 and a beta of 1.10. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.39 and a quick ratio of 1.38.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Wednesday, January 28th. The software giant reported $4.14 EPS for the quarter, beating analysts’ consensus estimates of $3.86 by $0.28. The company had revenue of $81.27 billion during the quarter, compared to analysts’ expectations of $80.28 billion. Microsoft had a return on equity of 32.34% and a net margin of 39.04%.The firm’s revenue was up 16.7% compared to the same quarter last year. During the same period last year, the business posted $3.23 earnings per share. On average, research analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, May 21st. Microsoft’s dividend payout ratio (DPR) is presently 22.76%.

Trending Headlines about Microsoft

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Insider Buying and Selling

In related news, Director John W. Stanton bought 5,000 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was bought at an average cost of $397.35 per share, for a total transaction of $1,986,750.00. Following the purchase, the director directly owned 83,905 shares of the company’s stock, valued at approximately $33,339,651.75. This trade represents a 6.34% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 12,321 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the sale, the executive vice president directly owned 137,933 shares in the company, valued at approximately $56,486,322.16. This represents a 8.20% decrease in their position. The SEC filing for this sale provides additional information. 0.03% of the stock is owned by company insiders.

Microsoft Profile

(Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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