Collective Family Office LLC Trims Holdings in Microsoft Corporation (NASDAQ:MSFT)

Collective Family Office LLC trimmed its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 8.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,706 shares of the software giant's stock after selling 626 shares during the quarter. Collective Family Office LLC's holdings in Microsoft were worth $2,517,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Microsoft by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock worth $288,336,224,000 after purchasing an additional 10,431,988 shares during the period. Geode Capital Management LLC boosted its stake in Microsoft by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant's stock worth $70,720,874,000 after purchasing an additional 3,103,212 shares during the period. Norges Bank bought a new position in Microsoft in the 4th quarter worth approximately $44,343,058,000. Northern Trust Corp boosted its stake in Microsoft by 16.1% in the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after purchasing an additional 11,600,470 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Microsoft by 9.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant's stock worth $25,273,704,000 after purchasing an additional 5,370,546 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Performance

MSFT stock opened at $486.00 on Tuesday. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The business's fifty day simple moving average is $439.81 and its two-hundred day simple moving average is $420.58. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $487.75. The firm has a market cap of $3.61 trillion, a price-to-earnings ratio of 37.56, a PEG ratio of 2.42 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The business's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.94 earnings per share. Analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.68%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the sale, the executive vice president now owns 43,930 shares of the company's stock, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their ownership of the stock. The sale 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 75,000 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 over the last quarter. Insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

MSFT has been the subject of several recent analyst reports. Royal Bank Of Canada restated an "outperform" rating and issued a $525.00 price target on shares of Microsoft in a research note on Friday, May 23rd. Bank of America lowered their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. JPMorgan Chase & Co. increased their target price on Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Barclays increased their target price on Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company's stock. According to MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $515.68.

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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