Chelsea Counsel Co. Has $10.35 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Chelsea Counsel Co. lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,550 shares of the software giant's stock after purchasing an additional 1,228 shares during the quarter. Microsoft accounts for 5.3% of Chelsea Counsel Co.'s holdings, making the stock its 2nd biggest holding. Chelsea Counsel Co.'s holdings in Microsoft were worth $10,348,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Muirfield Wealth Advisors LLC lifted its position in shares of 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 acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC raised its holdings in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after buying an additional 24 shares during the last quarter. Sterling Group Wealth Management LLC raised its holdings in Microsoft by 0.5% during the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after buying an additional 25 shares during the last quarter. Kuhn & Co Investment Counsel raised its holdings in Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares during the last quarter. Finally, Alliance Wealth Management Group raised its holdings in Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

MSFT traded down $2.84 during trading on Friday, hitting $477.40. 37,241,095 shares of the company traded hands, compared to its average volume of 21,515,262. The firm has a market cap of $3.55 trillion, a P/E ratio of 36.89, a price-to-earnings-growth ratio of 2.43 and a beta of 1.03. The stock's fifty day moving average is $437.84 and its 200 day moving average is $420.40. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a one year low of $344.79 and a one year high of $483.46.

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 for the quarter, beating the consensus estimate of $3.22 by $0.24. The company had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.94 earnings per share. As a group, equities analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.70%. Microsoft's dividend payout ratio is presently 25.66%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MSFT shares. Wall Street Zen downgraded shares of Microsoft from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. Royal Bank Of Canada restated an "outperform" rating and set a $525.00 price objective on shares of Microsoft in a report on Friday, May 23rd. Mizuho upped their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Guggenheim restated a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. Finally, TD Securities upped their price objective on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a report 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. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $515.68.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the transaction, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Judson Althoff sold 16,000 shares of the stock in a transaction dated 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 transaction, the executive vice president now owns 98,010 shares of the company's stock, valued at $44,906,221.80. This represents a 14.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold 135,743 shares of company stock worth $60,224,683 over the last quarter. 0.03% of the stock is currently owned by company insiders.

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.