Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 37,223 Shares of Microsoft Co. (NASDAQ:MSFT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,580,878 shares of the software giant's stock after selling 37,223 shares during the period. Microsoft accounts for about 4.1% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings, making the stock its 3rd biggest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Microsoft were worth $666,340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Muirfield Wealth Advisors LLC grew its stake in Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares during the last quarter. Retirement Financial Solutions LLC boosted its stake in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after purchasing an additional 24 shares during the period. Boulder Wealth Advisors LLC grew its position in Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock worth $1,106,000 after purchasing an additional 25 shares during the last quarter. Sterling Group Wealth Management LLC increased its stake in shares of Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after purchasing an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel raised its holdings in shares of Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Benchmark restated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Tigress Financial upped their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. TD Securities raised their price objective on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Stifel Nicolaus increased their price target on Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Finally, Evercore ISI set a $515.00 price objective on Microsoft and gave the stock an "outperform" rating 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 company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $513.13.

Insider Activity at Microsoft

In related news, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction 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 owns 98,010 shares of the company's stock, valued at approximately $44,906,221.80. This trade represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president now directly owns 43,100 shares in the company, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 131,743 shares of company stock valued at $58,375,673. Corporate insiders own 0.03% of the company's stock.

Microsoft Trading Up 0.1%

NASDAQ MSFT traded up $0.58 on Friday, hitting $459.26. 1,957,818 shares of the stock were exchanged, compared to its average volume of 21,508,213. The company has a market capitalization of $3.41 trillion, a price-to-earnings ratio of 36.95, a P/E/G ratio of 2.21 and a beta of 0.99. The company's 50-day moving average price is $407.73 and its two-hundred day moving average price is $414.89. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The firm had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same period in the prior year, the business earned $2.94 EPS. The business's revenue for the quarter was up 13.3% on a year-over-year basis. Research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 25.66%.

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.