Microsoft Co. (NASDAQ:MSFT) is Capital Management Associates NY's Largest Position

Capital Management Associates NY lessened its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 11.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,992 shares of the software giant's stock after selling 1,385 shares during the quarter. Microsoft makes up about 5.5% of Capital Management Associates NY's holdings, making the stock its largest position. Capital Management Associates NY's holdings in Microsoft were worth $4,633,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Adamsbrown Wealth Consultants LLC boosted its holdings in Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after acquiring an additional 130 shares during the last quarter. Mcdaniel Terry & Co. raised 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 valued at $133,023,000 after purchasing an additional 18,052 shares during the last quarter. Centric Wealth Management raised 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 valued at $6,789,000 after purchasing an additional 112 shares during the last quarter. 1900 Wealth Management LLC lifted its position in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after purchasing an additional 294 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in Microsoft by 2.4% during 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 purchasing an additional 217,509 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Royal Bank of Canada increased their price objective on shares of Microsoft from $500.00 to $525.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Westpark Capital restated a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Morgan Stanley increased their price target on Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Wells Fargo & Company lifted their price target on Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Cantor Fitzgerald boosted their price objective on Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $512.63.

Microsoft Stock Performance

Shares of MSFT opened at $452.57 on Thursday. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market cap of $3.36 trillion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The stock has a 50-day moving average price of $399.71 and a 200-day moving average price of $413.31.

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

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 25.66%.

Insider Transactions at Microsoft

In other Microsoft news, 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 transaction of $32,703,750.00. Following the sale, the insider now owns 476,999 shares in the company, valued at $207,995,413.95. This trade represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the sale, the executive vice president now directly 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,243 shares of company stock valued at $48,619,618. Insiders own 0.03% of the company's stock.

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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