Nilsine Partners LLC Decreases Position in Microsoft Co. (NASDAQ:MSFT)

Nilsine Partners LLC decreased its position in Microsoft Co. (NASDAQ:MSFT) by 15.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,874 shares of the software giant’s stock after selling 5,687 shares during the period. Microsoft accounts for 1.8% of Nilsine Partners LLC’s portfolio, making the stock its 5th largest position. Nilsine Partners LLC’s holdings in Microsoft were worth $11,986,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MSFT. Iron Horse Wealth Management LLC lifted its stake in Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after buying an additional 105 shares during the period. Authentikos Wealth Advisory LLC acquired a new position in Microsoft in the third quarter valued at about $87,000. Family CFO Inc lifted its stake in Microsoft by 13.6% in the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after buying an additional 43 shares during the period. Cordant Inc. lifted its stake in Microsoft by 647.8% in the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after buying an additional 298 shares during the period. Finally, Life Planning Partners Inc acquired a new position in Microsoft in the fourth quarter valued at about $146,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $406.32 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. Microsoft Co. has a 12 month low of $295.25 and a 12 month high of $430.82. The stock has a 50 day moving average of $414.48 and a 200-day moving average of $388.12. The company has a market capitalization of $3.02 trillion, a P/E ratio of 35.18, a P/E/G ratio of 2.16 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a return on equity of 38.87% and a net margin of 36.43%. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.45 EPS. As a group, equities research analysts predict that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 annualized dividend and a yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on MSFT. BMO Capital Markets increased their target price on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 12th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. KeyCorp began coverage on Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price target on the stock. DA Davidson reaffirmed a “buy” rating and set a $500.00 price target on shares of Microsoft in a research report on Friday, March 15th. Finally, BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target on the stock in a research report on Thursday, January 18th. Three research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $452.61.

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the transaction, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the transaction, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. In the last three months, insiders sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is currently owned by company insiders.

About Microsoft

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.