Colton Groome Financial Advisors LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Colton Groome Financial Advisors LLC lifted its stake in Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 1.9% during the second quarter, according to its most recent 13F filing with the SEC.

The institutional investor owned 14,757 shares of the software giant’s stock after acquiring an additional 271 shares during the period. Microsoft accounts for about 2.6% of Colton Groome Financial Advisors LLC’s investment portfolio, making the stock its 7th largest position.



Colton Groome Financial Advisors LLC’s holdings in Microsoft were worth $6,596,000 as of its most recent filing with the SEC. A number of other institutional investors have also made changes to their positions in MSFT. Norges Bank bought a new position in Microsoft in the 4th quarter worth approximately $35,920,047,000.

Vanguard Group Inc. increased its position in Microsoft by 2.4% in the 4th quarter.

Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock worth $250,032,357,000 after buying an additional 15,701,937 shares during the period. Swedbank AB bought a new position in Microsoft in the 1st quarter worth approximately $5,587,119,000.

TCI Fund Management Ltd. bought a new position in Microsoft in the 4th quarter worth approximately $4,000,376,000. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Microsoft by 77.

6% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,281,925 shares of the software giant’s stock worth $2,642,931,000 after purchasing an additional 2,744,900 shares in the last quarter. 71.

13% of the stock is owned by institutional investors. Insider Buying and Selling at Microsoft In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $417.

41, for a total value of $6,009,869.18. Following the completion of the transaction, the chief executive officer now directly owns 786,933 shares of the company’s stock, valued at $328,473,703.

53. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . In other news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief marketing officer now directly owns 50,000 shares of the company’s stock, valued at $20,552,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Also, CEO Satya Nadella sold 14,398 shares of the company’s stock in a transaction dated Friday, August 23rd.

The stock was sold at an average price of $417.41, for a total value of $6,009,869.18.

Following the transaction, the chief executive officer now directly owns 786,933 shares of the company’s stock, valued at $328,473,703.53. The disclosure for this sale can be found here .

Over the last ninety days, insiders sold 190,629 shares of company stock valued at $77,916,485. Company insiders own 0.03% of the company’s stock.

Microsoft Trading Down 0.8 % Microsoft ( NASDAQ:MSFT – Get Free Report ) last posted its earnings results on Tuesday, July 30th. The software giant reported $2.

95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05.

Microsoft had a return on equity of 35.95% and a net margin of 35.96%.

The firm had revenue of $64.73 billion during the quarter, compared to analysts’ expectations of $64.38 billion.

During the same period in the previous year, the firm earned $2.69 earnings per share. The company’s revenue was up 15.

2% on a year-over-year basis. Research analysts forecast that Microsoft Co. will post 13.

04 EPS for the current year. Microsoft declared that its Board of Directors has approved a stock repurchase plan on Monday, September 16th that authorizes the company to buyback $60.00 billion in shares.

This buyback authorization authorizes the software giant to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Microsoft Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be paid a $0.83 dividend.

This represents a $3.32 dividend on an annualized basis and a yield of 0.78%.

This is a boost from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, November 21st.

Microsoft’s payout ratio is presently 25.97%. Analyst Ratings Changes Several analysts have recently weighed in on the company.

Morgan Stanley reissued an “overweight” rating and set a $506.00 price objective on shares of Microsoft in a report on Tuesday, September 17th. Tigress Financial lifted their price objective on Microsoft from $475.

00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, June 13th. Wedbush reissued an “outperform” rating and set a $550.

00 price objective on shares of Microsoft in a report on Wednesday, July 31st. DA Davidson lowered Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price target on the stock.

in a research note on Monday, September 23rd. Finally, Mizuho boosted their price target on Microsoft from $450.00 to $480.

00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Two equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. Based on data from MarketBeat.

com, the stock currently has an average rating of “Moderate Buy” and an average price target of $493.94. View Our Latest Report on Microsoft About Microsoft ( Free Report ) 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. See Also Five stocks we like better than Microsoft How to Read Stock Charts for Beginners Can Costco Stock Hit New Highs as Interest Rates Drop? Using the MarketBeat Dividend Yield Calculator These 3 Stocks Show How to Navigate Declining Consumer Confidence TSX Venture Exchange (Formerly Canadian Venture Exchange) MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy? Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter .

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