Microsoft Co. (NASDAQ:MSFT) is Ramsay Stattman Vela & Price Inc.’s Largest Position

Ramsay Stattman Vela & Price Inc. decreased its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,094 shares of the software giant’s stock after selling 1,588 shares during the period. Microsoft makes up approximately 9.0% of Ramsay Stattman Vela & Price Inc.’s investment portfolio, making the stock its biggest position. Ramsay Stattman Vela & Price Inc.’s holdings in Microsoft were worth $44,032,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. FMR LLC lifted its holdings in shares of Microsoft by 2.7% in the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock valued at $68,162,263,000 after acquiring an additional 5,762,902 shares during the last quarter. Barclays PLC lifted its holdings in shares of Microsoft by 9.3% in the 3rd quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock valued at $9,152,647,000 after acquiring an additional 2,456,190 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Microsoft in the 4th quarter valued at about $9,625,201,000. California Public Employees Retirement System lifted its holdings in shares of Microsoft by 9.2% in the 3rd quarter. California Public Employees Retirement System now owns 21,375,375 shares of the software giant’s stock valued at $6,749,275,000 after acquiring an additional 1,796,956 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Microsoft by 0.8% in the 3rd quarter. Raymond James & Associates now owns 10,671,615 shares of the software giant’s stock valued at $3,369,562,000 after acquiring an additional 88,583 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of analyst reports. Truist Financial reaffirmed a “buy” rating and issued a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. UBS Group reissued a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research note on Wednesday, April 10th. Wells Fargo & Company raised their price objective on shares of Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. KeyCorp started coverage on shares of Microsoft in a research note on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price objective for the company. Finally, Jefferies Financial Group raised their price objective on shares of Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Three research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $454.70.

Check Out Our Latest Report on Microsoft

Insider Transactions at Microsoft

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following 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. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $429.04 on Wednesday. The firm’s fifty day simple moving average is $415.74 and its two-hundred day simple moving average is $397.72. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $432.97. The firm has a market capitalization of $3.19 trillion, a P/E ratio of 37.15, a P/E/G ratio of 2.22 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period in the previous year, the company earned $2.45 earnings per share. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. Analysts forecast that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.70%. Microsoft’s payout ratio is currently 25.97%.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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