Excalibur Management Corp Has $11.40 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Excalibur Management Corp decreased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 7.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 27,040 shares of the software giant's stock after selling 2,165 shares during the quarter. Microsoft makes up 4.5% of Excalibur Management Corp's investment portfolio, making the stock its 3rd largest position. Excalibur Management Corp's holdings in Microsoft were worth $11,398,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC raised its holdings in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management lifted its position in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after acquiring an additional 65 shares in the last quarter. Fairway Wealth LLC bought a new position in shares of Microsoft in the fourth quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new position in shares of Microsoft in the fourth quarter valued at $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. TD Securities raised their target price on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. UBS Group cut their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company upped their target price on shares of Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Evercore ISI set a $515.00 price target on shares of Microsoft and gave the company an "outperform" rating in a report on Wednesday, May 21st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Microsoft in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $513.13.

Microsoft Trading Up 0.3%

MSFT traded up $1.45 during trading on Wednesday, hitting $464.42. 7,698,971 shares of the stock traded hands, compared to its average volume of 21,424,473. The firm has a market capitalization of $3.45 trillion, a P/E ratio of 37.39, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a 50-day moving average of $411.89 and a 200 day moving average of $415.62.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The company 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 for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.94 earnings per share. Equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.71%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Insider Activity at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the transaction, the insider now directly owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Takeshi Numoto sold 1,000 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total transaction of $460,010.00. Following the completion of the sale, the executive vice president now directly owns 47,058 shares of the company's stock, valued at approximately $21,647,150.58. This represents a 2.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,743 shares of company stock worth $58,835,683 over the last quarter. 0.03% of the stock is owned by corporate insiders.

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.