Microsoft Co. (NASDAQ:MSFT) Stock Holdings Reduced by Core Wealth Partners LLC

Core Wealth Partners LLC lessened its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 25.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,246 shares of the software giant's stock after selling 4,767 shares during the quarter. Microsoft comprises about 3.4% of Core Wealth Partners LLC's investment portfolio, making the stock its 3rd biggest holding. Core Wealth Partners LLC's holdings in Microsoft were worth $6,004,000 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. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC boosted its stake in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management boosted its stake in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares during the period. Fairway Wealth LLC bought a new stake in shares of Microsoft in the fourth quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft in the fourth quarter valued at about $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insider Activity at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president now directly owns 43,100 shares of the company's stock, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford L. Smith sold 6,000 shares of the company's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the sale, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 135,743 shares of company stock worth $60,224,683. Insiders own 0.03% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT traded up $3.81 during trading on Thursday, hitting $467.68. 20,094,702 shares of the company were exchanged, compared to its average volume of 21,489,870. The business's 50 day moving average is $413.59 and its 200-day moving average is $415.95. The company has a market capitalization of $3.48 trillion, a P/E ratio of 37.66, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $469.58.

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

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 annualized dividend and a yield of 0.71%. Microsoft's dividend payout ratio (DPR) is 25.66%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. UBS Group dropped their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. TD Securities increased their target price on Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. DA Davidson increased their price objective on Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Evercore ISI set a $515.00 target price on Microsoft and gave the stock an "outperform" rating in a research note on Wednesday, May 21st. Finally, KeyCorp reiterated a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Four equities research 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 company currently has an average rating of "Moderate Buy" and a consensus target price of $513.13.

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.