Privium Fund Management B.V. Trims Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Privium Fund Management B.V. trimmed its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 50.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,000 shares of the software giant's stock after selling 5,000 shares during the quarter. Microsoft comprises approximately 0.5% of Privium Fund Management B.V.'s portfolio, making the stock its 28th biggest position. Privium Fund Management B.V.'s holdings in Microsoft were worth $2,108,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC lifted its holdings in shares of Microsoft by 34,643.3% during the 4th quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock valued at $7,096,913,000 after buying an additional 16,788,816 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Microsoft by 76.6% in 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 acquiring an additional 4,568,539 shares during the period. Geode Capital Management LLC increased its position 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 valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Microsoft by 4.1% in 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 boosted its position in Microsoft by 43,900.4% in 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. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT traded up $10.51 during midday trading on Tuesday, reaching $460.69. 20,932,633 shares of the company were exchanged, compared to its average volume of 21,585,267. The stock has a market cap of $3.42 trillion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The business's fifty day moving average is $403.62 and its two-hundred day moving average is $414.03. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data 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 business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.94 EPS. As a group, analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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

Insider Buying and Selling at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the 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 sale, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the sale, the executive vice president now owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. This represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 131,743 shares of company stock worth $58,375,673 in the last quarter. 0.03% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on MSFT. The Goldman Sachs Group increased their price objective on shares of Microsoft from $480.00 to $550.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Mizuho upped their target price on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Benchmark reiterated a "buy" rating on shares of Microsoft in a research note on Thursday, May 1st. Westpark Capital reissued a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. According to MarketBeat.com, Microsoft currently has an average rating of "Moderate Buy" and a consensus price target of $513.13.

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.