Wealth Alliance Advisory Group LLC Has $4.35 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

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Wealth Alliance Advisory Group LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFTGet Rating) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,917 shares of the software giant’s stock after acquiring an additional 641 shares during the quarter. Microsoft comprises 2.1% of Wealth Alliance Advisory Group LLC’s holdings, making the stock its 10th biggest position. Wealth Alliance Advisory Group LLC’s holdings in Microsoft were worth $4,345,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Weil Company Inc. increased its stake in Microsoft by 199.7% during the 4th quarter. Weil Company Inc. now owns 3,378 shares of the software giant’s stock valued at $1,136,000 after purchasing an additional 2,251 shares in the last quarter. Day & Ennis LLC increased its stake in Microsoft by 1.6% during the 4th quarter. Day & Ennis LLC now owns 11,918 shares of the software giant’s stock valued at $4,008,000 after purchasing an additional 182 shares in the last quarter. Rathbones Group PLC increased its stake in shares of Microsoft by 3.2% in the fourth quarter. Rathbones Group PLC now owns 1,953,821 shares of the software giant’s stock worth $657,109,000 after acquiring an additional 59,763 shares during the period. Sumitomo Mitsui Financial Group Inc. increased its stake in shares of Microsoft by 16.1% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 75,349 shares of the software giant’s stock worth $25,363,000 after acquiring an additional 10,446 shares during the period. Finally, B. Riley Wealth Management Inc. increased its stake in shares of Microsoft by 4.9% in the fourth quarter. B. Riley Wealth Management Inc. now owns 115,876 shares of the software giant’s stock worth $38,971,000 after acquiring an additional 5,460 shares during the period. Institutional investors own 69.29% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, CMO Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $266.25, for a total value of $1,331,250.00. Following the completion of the transaction, the chief marketing officer now owns 109,837 shares of the company’s stock, valued at $29,244,101.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.05% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $242.45 on Wednesday. Microsoft Co. has a 12-month low of $239.64 and a 12-month high of $349.67. The stock has a market cap of $1.81 trillion, a P/E ratio of 25.15, a PEG ratio of 2.06 and a beta of 0.94. The company has a 50-day moving average price of $268.41 and a 200 day moving average price of $273.37. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28.

Microsoft (NASDAQ:MSFTGet Rating) last released its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.29 by ($0.06). Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same quarter last year, the firm earned $2.17 EPS. Sell-side analysts anticipate that Microsoft Co. will post 10.15 earnings per share for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be given a dividend of $0.68 per share. This is a boost from Microsoft’s previous quarterly dividend of $0.62. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.12%. Microsoft’s dividend payout ratio (DPR) is currently 25.73%.

Analyst Ratings Changes

A number of analysts have recently weighed in on MSFT shares. Mizuho cut their price objective on shares of Microsoft from $350.00 to $340.00 and set a “buy” rating on the stock in a research note on Tuesday, July 19th. BMO Capital Markets increased their price objective on shares of Microsoft from $305.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 27th. Wells Fargo & Company lowered their price target on shares of Microsoft from $400.00 to $350.00 and set an “overweight” rating on the stock in a report on Monday, July 25th. Guggenheim started coverage on shares of Microsoft in a report on Friday, August 12th. They set a “neutral” rating and a $292.00 price target on the stock. Finally, Morgan Stanley lowered their price target on shares of Microsoft from $372.00 to $354.00 and set an “overweight” rating on the stock in a report on Tuesday, July 12th. Two equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $334.31.

Microsoft Profile

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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 Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

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