Microsoft Co. (NASDAQ:MSFT) is Greenwich Wealth Management LLC's 7th Largest Position

Greenwich Wealth Management LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,107 shares of the software giant's stock after acquiring an additional 2,025 shares during the quarter. Microsoft comprises about 1.7% of Greenwich Wealth Management LLC's investment portfolio, making the stock its 7th biggest holding. Greenwich Wealth Management LLC's holdings in Microsoft were worth $23,649,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Adamsbrown Wealth Consultants LLC boosted its holdings in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after buying an additional 130 shares during the last quarter. Mcdaniel Terry & Co. boosted its holdings in shares of Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after buying an additional 18,052 shares during the last quarter. Centric Wealth Management boosted its holdings in shares of Microsoft by 0.7% in the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock worth $6,789,000 after buying an additional 112 shares during the last quarter. 1900 Wealth Management LLC boosted its holdings in shares of Microsoft by 3.0% in the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after buying an additional 294 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Microsoft by 2.4% in the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after buying an additional 217,509 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

MSFT traded down $4.68 during trading hours on Friday, hitting $450.18. The company's stock had a trading volume of 16,874,720 shares, compared to its average volume of 21,548,957. The business's 50-day moving average price is $402.37 and its 200-day moving average price is $413.88. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The stock has a market cap of $3.35 trillion, a price-to-earnings ratio of 36.25, a P/E/G ratio of 2.21 and a beta of 0.99. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

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

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.74%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is presently 25.66%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. TD Securities raised 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. Benchmark reissued a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Wall Street Zen raised shares of Microsoft from a "hold" rating to a "buy" rating in a report on Thursday. Stifel Nicolaus raised their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Finally, Raymond James raised their target price on shares of Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. According to MarketBeat.com, Microsoft has a consensus rating of "Moderate Buy" and an average target price of $513.13.

Insider Buying and Selling

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the completion of the transaction, the executive vice president now directly owns 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of Microsoft 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 transaction, the executive vice president now directly owns 43,100 shares of the company's stock, valued at $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 90 days, insiders have sold 131,743 shares of company stock worth $58,375,673. Insiders own 0.03% of the company's stock.

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.