Microsoft Co. (NASDAQ:MSFT) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 337,739 shares of the software giant's stock after selling 13,396 shares during the quarter. Microsoft comprises approximately 2.0% of Segall Bryant & Hamill LLC's investment portfolio, making the stock its biggest position. Segall Bryant & Hamill LLC's holdings in Microsoft were worth $142,357,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC increased its stake in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management increased its stake in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares during the last quarter. Fairway Wealth LLC acquired a new stake in Microsoft during the fourth quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft during the fourth quarter worth about $141,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of analyst reports. Wells Fargo & Company increased their price target on Microsoft from $500.00 to $515.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. DA Davidson increased their target price on Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Wedbush reaffirmed an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. Morgan Stanley increased their target price on Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Tigress Financial increased their target price on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $513.13.

Microsoft Trading Up 0.2%

MSFT traded up $0.98 during mid-day trading on Tuesday, reaching $462.95. The stock had a trading volume of 7,888,285 shares, compared to its average volume of 21,432,333. The firm's fifty day simple moving average is $410.44 and its two-hundred day simple moving average is $415.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a market capitalization of $3.44 trillion, a P/E ratio of 37.27, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data 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 business 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 33.36% and a net margin of 35.43%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.94 EPS. On average, equities analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued 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 dividend payout ratio (DPR) is presently 25.66%.

Insiders Place Their Bets

In other Microsoft news, EVP Takeshi Numoto sold 1,000 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total transaction of $460,010.00. Following the completion of the transaction, the executive vice president now owns 47,058 shares in the company, valued at approximately $21,647,150.58. This represents a 2.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction dated 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 transaction, the executive vice president now owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 132,743 shares of company stock worth $58,835,683. Corporate insiders own 0.03% of the company's stock.

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.