Siemens Fonds Invest GmbH Lowers Stock Position in Microsoft Corporation (NASDAQ:MSFT)

Siemens Fonds Invest GmbH cut its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 88.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,907 shares of the software giant's stock after selling 176,580 shares during the period. Siemens Fonds Invest GmbH's holdings in Microsoft were worth $10,077,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ball & Co Wealth Management Inc. purchased a new position in Microsoft during the 4th quarter worth $31,000. Fiduciary Advisors Inc. purchased a new position in Microsoft in the 4th quarter valued at about $38,000. IFS Advisors LLC boosted its stake in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Microsoft during the 4th quarter worth $44,000. Finally, Fairway Wealth LLC purchased a new stake in shares of Microsoft during the 4th quarter worth about $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 6,000 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Takeshi Numoto sold 1,000 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at $21,647,150.58. This trade represents a 2.08% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 135,743 shares of company stock valued at $60,224,683. Corporate insiders own 0.03% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $477.40 on Friday. The stock has a market capitalization of $3.55 trillion, a P/E ratio of 36.89, a P/E/G ratio of 2.43 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The business has a 50-day moving average of $437.84 and a two-hundred day moving average of $420.40. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $483.46.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly 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. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. During the same period in the previous year, the business posted $2.94 EPS. The company's revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities research analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on MSFT shares. JPMorgan Chase & Co. boosted their price target on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Stifel Nicolaus boosted their price objective on Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Benchmark restated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. The Goldman Sachs Group raised their price objective on shares of Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Finally, TD Securities increased their target price on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $515.68.

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.

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