Microsoft Co. (NASDAQ:MSFT) is Rosenblum Silverman Sutton S F Inc. CA's 3rd Largest Position

Rosenblum Silverman Sutton S F Inc. CA cut its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,396 shares of the software giant's stock after selling 1,019 shares during the period. Microsoft accounts for 5.1% of Rosenblum Silverman Sutton S F Inc. CA's holdings, making the stock its 3rd biggest position. Rosenblum Silverman Sutton S F Inc. CA's holdings in Microsoft were worth $20,399,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Muirfield Wealth Advisors LLC grew its position in shares of Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC lifted its holdings in shares of Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after purchasing an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC boosted its holdings in shares of Microsoft by 1.0% in the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after acquiring an additional 25 shares during the period. Sterling Group Wealth Management LLC grew its position in Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after purchasing an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel grew its holdings in shares of Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Down 0.8%

Shares of Microsoft stock traded down $3.91 during trading hours on Friday, hitting $474.96. 16,787,782 shares of the company's stock traded hands, compared to its average volume of 21,485,134. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $480.42. The stock has a 50 day simple moving average of $425.64 and a 200-day simple moving average of $418.26. The company has a market cap of $3.53 trillion, a PE ratio of 38.24, a PEG ratio of 2.21 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter in the prior year, the business posted $2.94 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. Equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.70%. Microsoft's payout ratio is currently 25.66%.

Analysts Set New Price Targets

Several brokerages have issued reports on MSFT. Raymond James boosted their price objective on shares of Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Jefferies Financial Group boosted their target price on Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. TD Securities lifted their target price on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Citigroup upped their price objective on Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $525.00 target price on shares of Microsoft in a research note on Friday, May 23rd. Four investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company. According to data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $515.68.

Insider Buying and Selling

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of Microsoft 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 of the company's stock, valued at $19,481,631. The trade was a 23.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the transaction, the executive vice president now directly owns 43,930 shares in the company, valued at approximately $20,339,590. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 in the last three months. 0.03% of the stock is owned by insiders.

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.