BOCHK Asset Management Ltd Sells 23,200 Shares of Microsoft Corporation $MSFT

BOCHK Asset Management Ltd reduced its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 95.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,000 shares of the software giant's stock after selling 23,200 shares during the quarter. Microsoft comprises 0.2% of BOCHK Asset Management Ltd's investment portfolio, making the stock its 23rd largest position. BOCHK Asset Management Ltd's holdings in Microsoft were worth $375,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Ball & Co Wealth Management Inc. purchased a new position in Microsoft during the fourth quarter valued at $31,000. Newton One Investments LLC increased its position in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. LSV Asset Management purchased a new stake in Microsoft during the fourth quarter valued at $44,000. Fairway Wealth LLC purchased a new stake in Microsoft in the fourth quarter worth about $62,000. Finally, IFS Advisors LLC increased its position in Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after buying an additional 50 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Performance

NASDAQ:MSFT opened at $507.23 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The firm has a market cap of $3.77 trillion, a price-to-earnings ratio of 37.19, a PEG ratio of 2.20 and a beta of 1.06. The business's fifty day moving average is $506.08 and its 200 day moving average is $444.11.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The firm's quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the company earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. Research analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.7%. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

Insider Activity

In related news, EVP Takeshi Numoto sold 4,850 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the sale, the executive vice president directly owned 39,111 shares of the company's stock, valued at $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 8,850 shares of company stock valued at $4,406,512 over the last quarter. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Stifel Nicolaus increased their price target on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, July 28th. TD Cowen raised their price objective on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. KeyCorp upgraded Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price objective on the stock in a report on Thursday, July 31st. Oppenheimer increased their target price on Microsoft from $600.00 to $630.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Loop Capital raised their price objective on Microsoft from $550.00 to $600.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $612.54.

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.

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