Microsoft Corporation (NASDAQ:MSFT) is Madison Park Capital Advisors LLC's 8th Largest Position

Madison Park Capital Advisors LLC trimmed its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 51.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 15,459 shares of the software giant's stock after selling 16,162 shares during the period. Microsoft makes up approximately 5.1% of Madison Park Capital Advisors LLC's holdings, making the stock its 8th largest position. Madison Park Capital Advisors LLC's holdings in Microsoft were worth $5,803,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Fosun International Ltd lifted its holdings in shares of Microsoft by 0.3% during the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock valued at $2,490,000 after purchasing an additional 23 shares during the last quarter. Retirement Financial Solutions LLC raised its holdings in Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after acquiring an additional 24 shares during the last quarter. Kuhn & Co Investment Counsel raised 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 acquiring an additional 25 shares during the last quarter. Alliance Wealth Management Group raised its holdings in Microsoft by 0.4% in the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after acquiring an additional 25 shares during the last quarter. Finally, Guidance Point Advisors LLC raised its holdings in Microsoft by 0.6% in the 4th quarter. Guidance Point Advisors LLC now owns 4,294 shares of the software giant's stock worth $1,811,000 after acquiring an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSFT. JPMorgan Chase & Co. boosted their price objective on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. TD Cowen boosted their price objective on shares of Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Barclays boosted their price objective on shares of Microsoft from $550.00 to $625.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Oppenheimer boosted their price objective on shares of Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Mizuho boosted their price objective on shares of Microsoft from $540.00 to $625.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Two analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $609.86.

Insider Activity

In related news, EVP Judson Althoff sold 16,000 shares of the company's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the transaction, the executive vice president owned 98,010 shares of the company's stock, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president directly owned 43,100 shares of the company's stock, valued at $19,481,631. This represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 54,743 shares of company stock worth $24,921,913. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Trading Up 0.2%

Shares of Microsoft stock opened at $522.04 on Friday. The company has a market capitalization of $3.88 trillion, a P/E ratio of 38.27, a P/E/G ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The company has a fifty day moving average of $496.85 and a 200 day moving average of $438.29. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. Microsoft's quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.95 EPS. On average, sell-side analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.6%. Microsoft's dividend payout ratio is currently 24.34%.

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.

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