Angeles Investment Advisors LLC lessened its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 21.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,091 shares of the software giant's stock after selling 2,986 shares during the quarter. Microsoft makes up approximately 0.2% of Angeles Investment Advisors LLC's investment portfolio, making the stock its 24th largest position. Angeles Investment Advisors LLC's holdings in Microsoft were worth $4,675,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Microsoft by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after purchasing an additional 10,431,988 shares during the period. Geode Capital Management LLC boosted its stake in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Microsoft by 3.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant's stock worth $20,675,715,000 after buying an additional 1,823,579 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after buying an additional 406,940 shares during the period. Institutional investors own 71.13% of the company's stock.
Microsoft Stock Performance
Shares of Microsoft stock traded up $0.09 during mid-day trading on Friday, hitting $458.77. 34,758,620 shares of the stock were exchanged, compared to its average volume of 21,504,528. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The company has a 50-day simple moving average of $409.00 and a 200 day simple moving average of $415.17. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a market capitalization of $3.41 trillion, a P/E ratio of 36.94, a P/E/G ratio of 2.21 and a beta of 0.99.
Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same quarter last year, the firm earned $2.94 EPS. The company's quarterly revenue was up 13.3% compared to the same quarter last year. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.
Microsoft Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.72%. Microsoft's dividend payout ratio is currently 25.66%.
Insiders Place Their Bets
In related news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction that occurred 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 in the company, valued at $44,906,221.80. This trade represents a 14.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 131,743 shares of company stock valued at $58,375,673 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on MSFT. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. Wells Fargo & Company increased their price target on Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. UBS Group lowered their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Cantor Fitzgerald increased their target price on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Wedbush reissued an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $513.13.
Check Out Our Latest Stock Analysis on MSFT
About Microsoft
(
Free Report)
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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