Compass Capital Corp MA ADV Lowers Stock Holdings in Microsoft Corporation (NASDAQ:MSFT)

Compass Capital Corp MA ADV reduced its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 12.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 17,287 shares of the software giant's stock after selling 2,547 shares during the period. Microsoft accounts for approximately 3.3% of Compass Capital Corp MA ADV's portfolio, making the stock its 3rd largest holding. Compass Capital Corp MA ADV's holdings in Microsoft were worth $6,348,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Newton One Investments LLC increased its position in shares of Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after purchasing an additional 30 shares during the last quarter. Ball & Co Wealth Management Inc. bought a new position in shares of Microsoft in the fourth quarter worth approximately $31,000. LSV Asset Management bought a new position in shares of Microsoft in the fourth quarter worth approximately $44,000. IFS Advisors LLC increased its position in shares of 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 purchasing an additional 50 shares during the last quarter. Finally, Fairway Wealth LLC bought a new position in shares of Microsoft in the fourth quarter worth approximately $62,000. 71.13% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president directly owned 43,100 shares in the company, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president owned 43,930 shares of the company's stock, valued at $20,339,590. The trade was a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock valued at $60,224,683 in the last 90 days. Corporate insiders own 0.03% of the company's stock.

Microsoft Price Performance

MSFT opened at $513.71 on Friday. The stock has a fifty day simple moving average of $483.52 and a two-hundred day simple moving average of $431.47. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The company has a market cap of $3.82 trillion, a price-to-earnings ratio of 39.70, a price-to-earnings-growth ratio of 2.32 and a beta of 1.04. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $518.29.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 32.74% and a net margin of 35.79%. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.94 earnings per share. Research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.65%. Microsoft's dividend payout ratio (DPR) is 25.66%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on MSFT shares. The Goldman Sachs Group upped their price objective on shares of Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Wall Street Zen cut shares of Microsoft from a "buy" rating to a "hold" rating in a research report on Monday, June 30th. Raymond James Financial upped their price objective on shares of Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Scotiabank upped their target price on Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a research note on Thursday, May 1st. Finally, Bank of America upped their target price on Microsoft from $515.00 to $585.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Four analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average price target of $551.21.

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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