Oxford Financial Group LTD. LLC Sells 12,589 Shares of Microsoft Co. (NASDAQ:MSFT)

Oxford Financial Group LTD. LLC decreased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 21.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,313 shares of the software giant's stock after selling 12,589 shares during the quarter. Microsoft comprises approximately 1.3% of Oxford Financial Group LTD. LLC's investment portfolio, making the stock its 16th biggest position. Oxford Financial Group LTD. LLC's holdings in Microsoft were worth $19,942,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC grew its position in Microsoft by 34,643.3% during the fourth quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock worth $7,096,913,000 after buying an additional 16,788,816 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC lifted its stake in Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in Microsoft by 43,900.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,042,499 shares of the software giant's stock worth $860,913,000 after purchasing an additional 2,037,857 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Activity at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the transaction, the executive vice president now owns 134,888 shares of the company's stock, valued at $61,208,127.76. This trade represents a 13.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the transaction, the executive vice president now directly owns 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 131,743 shares of company stock valued at $58,375,673. 0.03% of the stock is owned by insiders.

Microsoft Stock Up 0.0%

Shares of MSFT traded up $0.09 during trading hours on Friday, hitting $458.77. The stock had a trading volume of 34,758,620 shares, compared to its average volume of 21,504,528. 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 simple moving average of $409.00 and a 200-day simple moving average of $415.04. The firm has a market capitalization of $3.41 trillion, a P/E ratio of 36.94, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. The company 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 33.36% and a net margin of 35.43%. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the business posted $2.94 EPS. Sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.72%. Microsoft's dividend payout ratio (DPR) is currently 25.66%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on MSFT shares. Scotiabank upped their target price on Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a research note on Thursday, May 1st. JPMorgan Chase & Co. upped their target price on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Evercore ISI set a $515.00 price target on Microsoft and gave the company an "outperform" rating in a research note on Wednesday, May 21st. KeyCorp reiterated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Finally, Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus target price of $513.13.

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.