Hirtle Callaghan & Co LLC Buys 864 Shares of Microsoft Co. (NASDAQ:MSFT)

Hirtle Callaghan & Co LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,442 shares of the software giant's stock after buying an additional 864 shares during the quarter. Microsoft accounts for 0.6% of Hirtle Callaghan & Co LLC's investment portfolio, making the stock its 24th biggest position. Hirtle Callaghan & Co LLC's holdings in Microsoft were worth $14,939,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Microsoft by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after purchasing an additional 10,431,988 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock valued at $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Microsoft by 3.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant's stock valued at $20,675,715,000 after purchasing an additional 1,823,579 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Microsoft by 1.1% during the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 0.0%

NASDAQ:MSFT traded up $0.09 on Friday, reaching $458.77. 34,758,620 shares of the stock traded hands, compared to its average volume of 21,504,528. The company has a market capitalization of $3.41 trillion, a price-to-earnings ratio of 36.94, a PEG 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 Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The company's fifty day simple moving average is $409.00 and its 200 day simple moving average is $415.17.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data 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. The business 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% compared to the same quarter last year. During the same period last year, the business earned $2.94 EPS. Equities analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.72%. Microsoft's dividend payout ratio is presently 25.66%.

Insider Transactions at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft 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 completion of the sale, the executive vice president now directly owns 134,888 shares in the company, valued at $61,208,127.76. The trade was a 13.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Amy Coleman sold 13,243 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the sale, the executive vice president now owns 43,100 shares of the company's stock, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 131,743 shares of company stock worth $58,375,673 over the last three months. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several recent research reports. The Goldman Sachs Group increased their target price on shares of Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Guggenheim reissued a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. Scotiabank raised their price target on shares of Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a report on Thursday, May 1st. Bank of America cut their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Finally, Morgan Stanley raised their price target on shares of Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.13.

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.