Microsoft Co. (NASDAQ:MSFT) Shares Sold by Cutler Investment Counsel LLC

Cutler Investment Counsel LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,938 shares of the software giant’s stock after selling 1,584 shares during the period. Microsoft makes up about 3.8% of Cutler Investment Counsel LLC’s holdings, making the stock its 3rd biggest position. Cutler Investment Counsel LLC’s holdings in Microsoft were worth $30,743,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MSFT. BCK Partners Inc. raised its stake in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares during the period. Muirfield Wealth Advisors LLC raised its position in shares of Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after buying an additional 24 shares during the period. Sequent Asset Management LLC boosted its holdings in Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after acquiring an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC grew its position in Microsoft by 0.8% during the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after acquiring an additional 25 shares during the period. Finally, Riverstone Advisors LLC increased its stake in Microsoft by 0.6% during the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after acquiring an additional 25 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Trading Down 1.0 %

NASDAQ:MSFT opened at $367.78 on Monday. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $2.73 trillion, a PE ratio of 29.61, a P/E/G ratio of 2.21 and a beta of 1.00. The business’s 50 day moving average is $388.25 and its two-hundred day moving average is $412.70.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the firm earned $2.93 EPS. On average, analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 yield of 0.90%. Microsoft’s payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MSFT shares. Morgan Stanley decreased their target price on Microsoft from $530.00 to $472.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. Scotiabank initiated coverage on shares of Microsoft in a research report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price objective for the company. Stifel Nicolaus reduced their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Westpark Capital started coverage on Microsoft in a report on Tuesday, April 1st. They issued a “hold” rating for the company. Finally, Piper Sandler restated an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Five investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $499.97.

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.