Monograph Wealth Advisors LLC Cuts Stock Holdings in Microsoft Corporation (NASDAQ:MSFT)

Monograph Wealth Advisors LLC reduced its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 23.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,554 shares of the software giant's stock after selling 5,950 shares during the quarter. Microsoft accounts for approximately 1.1% of Monograph Wealth Advisors LLC's portfolio, making the stock its 17th largest holding. Monograph Wealth Advisors LLC's holdings in Microsoft were worth $8,242,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MSFT. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the 4th quarter worth about $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. LSV Asset Management bought a new position in Microsoft in the fourth quarter worth about $44,000. Avondale Wealth Management boosted its position in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Finally, Fairway Wealth LLC bought a new stake in Microsoft during the 4th quarter valued at approximately $62,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on MSFT shares. Scotiabank raised their target price on Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a research note on Thursday, May 1st. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. Wall Street Zen cut shares of Microsoft from a "buy" rating to a "hold" rating in a report on Saturday. Wells Fargo & Company reiterated an "overweight" rating and issued a $565.00 price target (up from $515.00) on shares of Microsoft in a research note on Friday, June 13th. Finally, 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 research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and twenty-nine have given 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 $515.68.

Insiders Place Their Bets

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

Microsoft Price Performance

NASDAQ MSFT opened at $478.04 on Wednesday. Microsoft Corporation has a one year low of $344.79 and a one year high of $480.69. The stock has a 50-day moving average of $432.29 and a 200 day moving average of $419.32. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The company has a market capitalization of $3.55 trillion, a price-to-earnings ratio of 36.94, a PEG ratio of 2.44 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter last year, the firm posted $2.94 EPS. The business's quarterly revenue was up 13.3% compared to the same quarter last year. On average, sell-side analysts forecast 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. Shareholders of record on Thursday, August 21st will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio is 25.66%.

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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