Vicus Capital Reduces Stake in Microsoft Co. (NASDAQ:MSFT)

Vicus Capital decreased its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,496 shares of the software giant’s stock after selling 5,576 shares during the period. Microsoft comprises approximately 3.5% of Vicus Capital’s investment portfolio, making the stock its 6th biggest holding. Vicus Capital’s holdings in Microsoft were worth $34,782,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Friedenthal Financial acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $45,000. PayPay Securities Corp grew its position in shares of Microsoft by 23.7% in the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new position in shares of Microsoft in the third quarter valued at approximately $87,000. Kathleen S. Wright Associates Inc. grew its position in shares of Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after purchasing an additional 143 shares during the last quarter. Finally, Family CFO Inc grew its position in shares of 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 purchasing an additional 43 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Up 0.9 %

Shares of NASDAQ:MSFT opened at $429.04 on Wednesday. The firm has a market cap 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. The company has a quick ratio of 1.23, a current ratio of 1.24 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 business has a fifty day simple moving average of $415.74 and a 200 day simple moving average of $397.72.

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

Microsoft Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on MSFT. Stifel Nicolaus reaffirmed a “buy” rating and issued a $455.00 target price on shares of Microsoft in a research report on Monday, April 22nd. UBS Group reissued a “buy” rating and set a $480.00 price target on shares of Microsoft in a research report on Wednesday, April 10th. Wells Fargo & Company increased their price target on Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. BMO Capital Markets increased their price target on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 12th. Finally, Sanford C. Bernstein increased their price target on Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $454.70.

Get Our Latest Analysis on Microsoft

Insider Transactions at Microsoft

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft 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 of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft 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 of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated Monday, March 11th. The stock was 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 directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

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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