Microsoft Co. (NASDAQ:MSFT) Shares Sold by MWA Asset Management

MWA Asset Management lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,232 shares of the software giant’s stock after selling 34 shares during the period. Microsoft makes up approximately 2.9% of MWA Asset Management’s portfolio, making the stock its 6th biggest holding. MWA Asset Management’s holdings in Microsoft were worth $4,313,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Net Worth Advisory Group purchased a new position in Microsoft in the 3rd quarter valued at approximately $2,645,000. Adamsbrown Wealth Consultants LLC grew its holdings in Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after purchasing an additional 130 shares during the last quarter. Oak Ridge Investments LLC increased its position in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after buying an additional 18,544 shares in the last quarter. Focus Financial Network Inc. raised its stake in shares of Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after buying an additional 1,489 shares during the last quarter. Finally, Campbell Wealth Management purchased a new stake in shares of Microsoft in the 3rd quarter worth about $3,314,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of research reports. Piper Sandler restated an “overweight” rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. UBS Group dropped their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Finally, Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $508.86.

Microsoft Trading Down 3.6 %

Shares of MSFT stock opened at $359.84 on Monday. Microsoft Co. has a fifty-two week low of $359.48 and a fifty-two week high of $468.35. The firm’s 50 day moving average price is $399.08 and its two-hundred day moving average price is $417.18. The stock has a market cap of $2.68 trillion, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 last year, the business 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 announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.92%. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

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.