Baldwin Investment Management LLC Sells 10,099 Shares of Microsoft Co. (NASDAQ:MSFT)

Baldwin Investment Management LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 24.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,730 shares of the software giant's stock after selling 10,099 shares during the period. Microsoft accounts for about 1.7% of Baldwin Investment Management LLC's holdings, making the stock its 5th biggest holding. Baldwin Investment Management LLC's holdings in Microsoft were worth $12,953,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Adamsbrown Wealth Consultants LLC increased its stake in Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after acquiring an additional 130 shares during the last quarter. Mcdaniel Terry & Co. grew its holdings in shares of Microsoft by 6.1% during the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after purchasing an additional 18,052 shares during the period. 1900 Wealth Management LLC increased its position in shares of Microsoft by 3.0% during the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after purchasing an additional 294 shares during the last quarter. Strategic Financial Services Inc. increased its position in shares of Microsoft by 7.8% during the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after purchasing an additional 1,268 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. raised its holdings in Microsoft by 147.9% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after buying an additional 1,043 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the completion of the sale, the executive vice president now directly owns 43,930 shares of the company's stock, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

Shares of NASDAQ MSFT traded up $4.18 during trading hours on Monday, reaching $479.14. The stock had a trading volume of 15,536,581 shares, compared to its average volume of 21,515,256. The firm has a 50-day moving average of $428.05 and a 200-day moving average of $418.55. The firm has a market cap of $3.56 trillion, a price-to-earnings ratio of 38.58, a PEG ratio of 2.21 and a beta of 1.03. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $480.64.

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 for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company's revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.94 earnings per share. Equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's payout ratio is currently 25.66%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald boosted their price target on shares of Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Piper Sandler reissued an "overweight" rating on shares of Microsoft in a research report on Wednesday, May 21st. Stifel Nicolaus raised their price target on Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Jefferies Financial Group increased their target price on Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Five analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus target price of $515.68.

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.