180 Wealth Advisors LLC Lowers Holdings in Microsoft Co. (NASDAQ:MSFT)

180 Wealth Advisors LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 109,345 shares of the software giant’s stock after selling 523 shares during the quarter. Microsoft makes up approximately 7.2% of 180 Wealth Advisors LLC’s portfolio, making the stock its largest position. 180 Wealth Advisors LLC’s holdings in Microsoft were worth $46,089,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. WFA Asset Management Corp boosted its stake in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its stake in Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares in the last quarter. Nicholas Investment Partners LP boosted its stake in Microsoft by 3.0% in the second quarter. Nicholas Investment Partners LP now owns 39,743 shares of the software giant’s stock valued at $17,763,000 after buying an additional 1,164 shares in the last quarter. Welch Capital Partners LLC NY boosted its stake in Microsoft by 51.2% in the second quarter. Welch Capital Partners LLC NY now owns 3,137 shares of the software giant’s stock valued at $1,402,000 after buying an additional 1,062 shares in the last quarter. Finally, Cowen AND Company LLC boosted its stake in Microsoft by 836.5% in the second quarter. Cowen AND Company LLC now owns 46,617 shares of the software giant’s stock valued at $20,835,000 after buying an additional 41,639 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 8,000 shares of company stock worth $3,493,820 in the last quarter. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on MSFT shares. Truist Financial reissued a “buy” rating and set a $600.00 price target on shares of Microsoft in a research note on Monday, October 28th. Morgan Stanley cut their price target on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. StockNews.com raised Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Finally, Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $510.96.

Microsoft Stock Performance

MSFT opened at $408.25 on Friday. The firm has a market capitalization of $3.03 trillion, a PE ratio of 32.87, a P/E/G ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35. The firm has a 50 day moving average of $425.20 and a two-hundred day moving average of $422.88. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the previous year, the firm posted $2.93 EPS. On average, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. Microsoft’s dividend payout ratio is presently 26.73%.

Microsoft Company Profile

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.