Alpine Woods Capital Investors LLC Has $15.06 Million Position in Microsoft Co. (NASDAQ:MSFT)

Alpine Woods Capital Investors LLC decreased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,727 shares of the software giant's stock after selling 1,046 shares during the quarter. Microsoft makes up 2.9% of Alpine Woods Capital Investors LLC's portfolio, making the stock its 5th biggest position. Alpine Woods Capital Investors LLC's holdings in Microsoft were worth $15,059,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Muirfield Wealth Advisors LLC raised its stake in Microsoft by 0.5% during the 4th 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 period. Retirement Financial Solutions LLC raised its stake in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after purchasing an additional 24 shares during the period. Boulder Wealth Advisors LLC raised its stake in Microsoft by 1.0% during the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after purchasing an additional 25 shares during the period. Sterling Group Wealth Management LLC raised its stake in Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after purchasing an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel raised its stake in Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after purchasing an additional 25 shares during the period. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

MSFT opened at $458.17 on Wednesday. The business has a fifty day moving average of $398.43 and a 200 day moving average of $413.04. 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 stock has a market cap of $3.41 trillion, a P/E ratio of 36.89, a PEG ratio of 2.21 and a beta of 0.99.

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

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is currently 25.66%.

Analysts Set New Price Targets

Several analysts recently issued reports on MSFT shares. Westpark Capital reissued a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Guggenheim restated a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. Barclays raised their price target on Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. BMO Capital Markets raised their price target on Microsoft from $470.00 to $485.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, Mizuho raised their price target on Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $510.30.

Insider Activity at Microsoft

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction on Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the completion of the sale, the executive vice president now directly owns 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now directly owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 110,243 shares of company stock worth $48,619,618 in the last quarter. 0.03% of the stock is owned by company insiders.

Microsoft 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.

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