Microsoft Co. (NASDAQ:MSFT) Stock Position Cut by Capco Asset Management LLC

Capco Asset Management LLC decreased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 102,585 shares of the software giant's stock after selling 1,632 shares during the period. Microsoft accounts for 9.7% of Capco Asset Management LLC's investment portfolio, making the stock its 4th biggest holding. Capco Asset Management LLC's holdings in Microsoft were worth $43,240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MSFT. Adamsbrown Wealth Consultants LLC boosted its holdings in Microsoft by 2.2% in the 4th 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 period. Mcdaniel Terry & Co. boosted its holdings in Microsoft by 6.1% in the 4th 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 period. Centric Wealth Management boosted its holdings in Microsoft by 0.7% in the 3rd 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 period. 1900 Wealth Management LLC boosted its holdings in Microsoft by 3.0% in the 4th 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 period. Finally, The Manufacturers Life Insurance Company boosted its holdings in Microsoft by 2.4% in the 3rd 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 period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MSFT. Wall Street Zen raised shares of Microsoft from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. raised their price objective on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Raymond James raised their price target on shares of Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Wedbush reissued an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. Finally, Morgan Stanley raised their price target on shares of Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $513.13.

Insider Buying and Selling at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the transaction, the executive vice president now owns 134,888 shares in the company, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 131,743 shares of company stock worth $58,375,673. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Up 0.0%

Shares of NASDAQ MSFT traded up $0.09 during trading hours on Friday, hitting $458.77. 34,758,620 shares of the stock were exchanged, compared to its average volume of 21,610,309. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $3.41 trillion, a PE ratio of 36.94, a PEG ratio of 2.21 and a beta of 0.99. The firm has a fifty day moving average price of $409.00 and a 200-day moving average price of $415.17. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35.

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

Microsoft Dividend Announcement

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

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.