Commerzbank Aktiengesellschaft FI Has $363.70 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Commerzbank Aktiengesellschaft FI decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 862,865 shares of the software giant's stock after selling 34,568 shares during the period. Microsoft accounts for about 8.8% of Commerzbank Aktiengesellschaft FI's portfolio, making the stock its largest holding. Commerzbank Aktiengesellschaft FI's holdings in Microsoft were worth $363,698,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in MSFT. Muirfield Wealth Advisors LLC raised its holdings in shares of Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after purchasing an additional 24 shares during the last quarter. Retirement Financial Solutions LLC grew its position in Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after purchasing an additional 24 shares in the last quarter. Sequent Asset Management LLC increased its stake in Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock valued at $853,000 after buying an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC increased its stake in Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock valued at $1,380,000 after buying an additional 25 shares during the last quarter. Finally, Riverstone Advisors LLC lifted its position in shares of Microsoft by 0.6% during the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock worth $1,941,000 after buying an additional 25 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the transaction, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Piper Sandler reaffirmed a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Raymond James raised their target price on Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. StockNews.com upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research report on Monday, May 5th. Stifel Nicolaus lifted their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Finally, Needham & Company LLC reissued a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $507.77.

Microsoft Trading Up 0.1 %

NASDAQ MSFT traded up $0.56 during trading on Friday, hitting $438.73. 15,313,766 shares of the company's stock traded hands, compared to its average volume of 21,422,206. The stock has a fifty day moving average of $389.19 and a two-hundred day moving average of $411.74. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The firm has a market cap of $3.26 trillion, a P/E ratio of 35.32, a PEG ratio of 2.21 and a beta of 0.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same period last year, the company earned $2.94 EPS. Microsoft's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 25.66%.

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.