Microsoft Corporation (NASDAQ:MSFT) Stock Holdings Reduced by DSG Capital Advisors LLC

DSG Capital Advisors LLC cut its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,585 shares of the software giant's stock after selling 5,072 shares during the quarter. Microsoft makes up approximately 5.9% of DSG Capital Advisors LLC's portfolio, making the stock its 2nd largest holding. DSG Capital Advisors LLC's holdings in Microsoft were worth $29,125,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Ball & Co Wealth Management Inc. purchased a new position in Microsoft during the fourth quarter worth approximately $31,000. Newton One Investments LLC raised its stake in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after purchasing an additional 30 shares during the period. LSV Asset Management purchased a new position in Microsoft during the fourth quarter worth approximately $44,000. Fairway Wealth LLC purchased a new position in Microsoft during the fourth quarter worth approximately $62,000. Finally, IFS Advisors LLC raised its stake in Microsoft by 50.0% during the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after purchasing an additional 50 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president owned 98,010 shares of the company's stock, valued at $44,906,221.80. This represents a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president directly owned 134,888 shares in the company, valued at approximately $61,208,127.76. This represents a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 46,350 shares of company stock worth $21,493,447 in the last quarter. 0.03% of the stock is owned by corporate insiders.

Microsoft Price Performance

NASDAQ MSFT opened at $522.48 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The company has a fifty day simple moving average of $501.60 and a 200 day simple moving average of $440.51. The company has a market cap of $3.88 trillion, a P/E ratio of 38.30, a P/E/G ratio of 2.28 and a beta of 1.06. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, beating the consensus estimate of $3.35 by $0.30. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The firm had revenue of $76.44 billion during the quarter, compared to analysts' expectations of $73.79 billion. During the same period in the prior year, the company earned $2.95 EPS. The business's quarterly revenue was up 18.1% compared to the same quarter last year. On average, sell-side analysts predict that Microsoft Corporation will post 13.08 EPS for the current 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 given a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft's dividend payout ratio (DPR) is 24.34%.

Wall Street Analyst Weigh In

Several research firms have commented on MSFT. Oppenheimer raised their price objective on Microsoft from $600.00 to $630.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Benchmark reaffirmed a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Evercore ISI lifted their price objective on shares of Microsoft from $515.00 to $545.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Jefferies Financial Group boosted their price target on shares of Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, Barclays lifted their target price on shares of Microsoft from $550.00 to $625.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Two equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $609.86.

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.

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