Microsoft Co. (NASDAQ:MSFT) is WIM INVESTMENT MANAGEMENT Ltd's 2nd Largest Position

WIM INVESTMENT MANAGEMENT Ltd lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 10.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,241 shares of the software giant's stock after selling 11,000 shares during the period. Microsoft makes up 14.4% of WIM INVESTMENT MANAGEMENT Ltd's portfolio, making the stock its 2nd biggest position. WIM INVESTMENT MANAGEMENT Ltd's holdings in Microsoft were worth $41,830,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MSFT. Muirfield Wealth Advisors LLC lifted its position in Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after acquiring an additional 24 shares in the last quarter. Retirement Financial Solutions LLC raised its stake in shares of Microsoft by 2.3% in the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after purchasing an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC lifted its holdings in shares of Microsoft by 1.0% during the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after purchasing an additional 25 shares in the last quarter. Sterling Group Wealth Management LLC boosted its position in shares of Microsoft by 0.5% during 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 buying an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel increased its holdings in Microsoft by 0.8% in the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of Microsoft 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 sale, the executive vice president now directly owns 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the transaction, the executive vice president now directly owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 131,743 shares of company stock worth $58,375,673. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MSFT. 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. JPMorgan Chase & Co. raised their target price on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Evercore ISI set a $515.00 target price on shares of Microsoft and gave the stock an "outperform" rating in a research report on Wednesday, May 21st. Cantor Fitzgerald increased their price target on Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, The Goldman Sachs Group lifted their price objective on Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a report on Wednesday, May 21st. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $513.13.

Microsoft Price Performance

Shares of NASDAQ MSFT traded up $0.58 during mid-day trading on Friday, reaching $459.26. The company's stock had a trading volume of 1,957,818 shares, compared to its average volume of 21,508,213. 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. The stock has a fifty day moving average of $407.73 and a two-hundred day moving average of $414.89. The firm has a market capitalization of $3.41 trillion, a PE ratio of 36.95, a P/E/G ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted 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 return on equity of 33.36% and a net margin of 35.43%. The business 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 company posted $2.94 EPS. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced 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 yield of 0.72%. Microsoft's payout ratio is 25.66%.

About Microsoft

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.