On April 17, 2023 at 09:33:45 ET an unusually large $2,250.02K block of Call contracts in Microsoft (MSFT) was bought, with a strike price of $290.00 / share, expiring in 151 day(s) (on September 15, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 5.11 sigmas above the mean, placing it in the 96.00th percentile of all recent large trades made in MSFT options.
This trade was first picked up on Fintel’s real time Unusual Option Trades tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 6959 funds or institutions reporting positions in Microsoft. This is an increase of 179 owner(s) or 2.64% in the last quarter. Average portfolio weight of all funds dedicated to MSFT is 2.45%, a decrease of 25.08%. Total shares owned by institutions increased in the last three months by 0.66% to 6,023,344K shares. The put/call ratio of MSFT is 0.91, indicating a bullish outlook.
Analyst Price Forecast Suggests 3.58% Upside
As of April 6, 2023, the average one-year price target for Microsoft is $296.39. The forecasts range from a low of $214.12 to a high of $365.40. The average price target represents an increase of 3.58% from its latest reported closing price of $286.14.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Microsoft is $216,709MM, an increase of 6.18%. The projected annual non-GAAP EPS is $9.74.
What are Other Shareholders Doing?
Ami Investment Management holds 26K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 25K shares, representing an increase of 1.78%. The firm decreased its portfolio allocation in MSFT by 6.53% over the last quarter.
Norman Fields, Gottscho Capital Management holds 3K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 3K shares, representing a decrease of 0.16%. The firm increased its portfolio allocation in MSFT by 114,973.59% over the last quarter.
Washington Trust Bank holds 118K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 119K shares, representing a decrease of 1.00%. The firm decreased its portfolio allocation in MSFT by 99.91% over the last quarter.
PUTNAM ASSET ALLOCATION FUNDS – Putnam Income Strategies Portfolio – holds 1K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 1K shares, representing an increase of 9.58%. The firm increased its portfolio allocation in MSFT by 3.30% over the last quarter.
EARAX – Eaton Vance Richard Bernstein All Asset Strategy Fund holds 25K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 33K shares, representing a decrease of 31.20%. The firm decreased its portfolio allocation in MSFT by 14.39% over the last quarter.
Microsoft Declares $0.68 Dividend
On March 14, 2023 the company declared a regular quarterly dividend of $0.68 per share ($2.72 annualized). Shareholders of record as of May 18, 2023 will receive the payment on June 8, 2023. Previously, the company paid $0.68 per share.
At the current share price of $286.14 / share, the stock’s dividend yield is 0.95%. Looking back five years and taking a sample every week, the average dividend yield has been 1.18%, the lowest has been 0.72%, and the highest has been 1.95%. The standard deviation of yields is 0.32 (n=236).
The current dividend yield is 0.73 standard deviations below the historical average.
Additionally, the company’s dividend payout ratio is 0.30. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is 0.33%, demonstrating that it has increased its dividend over time.
Microsoft Background Information
(This description is provided by the company.)
Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
See all Microsoft regulatory filings.
This article originally appeared on Fintel
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