Mn Services Vermogensbeheer B.V. Has $459.41 Million Position in Microsoft Corporation (NASDAQ:MSFT)

Mn Services Vermogensbeheer B.V. reduced its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,223,811 shares of the software giant's stock after selling 94,900 shares during the period. Microsoft comprises about 3.6% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 4th largest holding. Mn Services Vermogensbeheer B.V.'s holdings in Microsoft were worth $459,406,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Ball & Co Wealth Management Inc. purchased a new stake in shares of Microsoft during the 4th quarter worth about $31,000. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the 4th quarter valued at about $38,000. LSV Asset Management acquired a new position in shares of Microsoft during the 4th quarter valued at about $44,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after acquiring an additional 50 shares during the last quarter. Finally, Fairway Wealth LLC acquired a new position in shares of Microsoft during the 4th quarter valued at about $62,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Barclays increased their price objective on Microsoft from $494.00 to $550.00 and gave the company an "overweight" rating in a report on Monday. Cantor Fitzgerald reissued an "overweight" rating and set a $581.00 price objective (up previously from $512.00) on shares of Microsoft in a report on Wednesday, July 16th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $525.00 target price on shares of Microsoft in a report on Friday, May 23rd. Evercore ISI set a $515.00 target price on Microsoft and gave the company an "outperform" rating in a report on Wednesday, May 21st. Finally, Scotiabank raised their target price on Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $544.07.

Insider Transactions at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of the business'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 sale, the executive vice president owned 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the sale, the executive vice president owned 98,010 shares of the company's stock, valued at approximately $44,906,221.80. The trade was a 14.03% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by company insiders.

Microsoft Price Performance

Shares of Microsoft stock traded down $2.64 during midday trading on Tuesday, hitting $507.42. 6,143,242 shares of the company were exchanged, compared to its average volume of 21,527,313. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The firm has a market cap of $3.77 trillion, a P/E ratio of 39.19, a PEG ratio of 2.32 and a beta of 1.04. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $514.64. The firm has a 50 day simple moving average of $477.78 and a 200-day simple moving average of $428.61.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. Microsoft's revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $2.94 EPS. Research analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given 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 0.65%. Microsoft's payout ratio is 25.66%.

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.