Revisor Wealth Management LLC decreased its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 35.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,797 shares of the software giant's stock after selling 1,555 shares during the period. Microsoft accounts for about 1.1% of Revisor Wealth Management LLC's portfolio, making the stock its 21st largest holding. Revisor Wealth Management LLC's holdings in Microsoft were worth $1,176,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Microsoft by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after purchasing an additional 10,431,988 shares during the period. Geode Capital Management LLC boosted its holdings in Microsoft by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant's stock valued at $70,720,874,000 after purchasing an additional 3,103,212 shares during the period. Norges Bank bought a new stake in Microsoft in the 4th quarter valued at about $44,343,058,000. Northern Trust Corp boosted its holdings in Microsoft by 16.1% in the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after purchasing an additional 11,600,470 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Microsoft by 9.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant's stock valued at $25,273,704,000 after purchasing an additional 5,370,546 shares during the period. Institutional investors own 71.13% of the company's stock.
Insider Activity at Microsoft
In other news, EVP Amy Coleman sold 13,243 shares of the stock in a transaction on Thursday, May 15th. The shares were 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 now directly owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 over the last ninety days. Insiders own 0.03% of the company's stock.
Microsoft Price Performance
Shares of NASDAQ:MSFT opened at $480.24 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $481.00. The firm has a market cap of $3.57 trillion, a PE ratio of 37.11, a price-to-earnings-growth ratio of 2.43 and a beta of 1.03. The firm's fifty day moving average is $434.09 and its 200-day moving average is $419.74.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced 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 firm had revenue of $70.07 billion for 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%. The business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.94 EPS. Sell-side analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.
Microsoft Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio is currently 25.66%.
Wall Street Analyst Weigh In
MSFT has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Microsoft from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. Jefferies Financial Group boosted their target price on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Wedbush restated an "outperform" rating on shares of Microsoft in a research report on Wednesday, May 21st. Evercore ISI set a $515.00 target price on shares of Microsoft and gave the company an "outperform" rating in a research report on Wednesday, May 21st. Finally, Scotiabank boosted their target price on shares of Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company's stock. Based on data from MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $515.68.
Check Out Our Latest Stock Analysis on MSFT
Microsoft Company Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT - Free Report).
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