Microsoft Corporation (NASDAQ:MSFT) is Yousif Capital Management LLC's 2nd Largest Position

Yousif Capital Management LLC cut its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 916,446 shares of the software giant's stock after selling 4,265 shares during the period. Microsoft accounts for 4.0% of Yousif Capital Management LLC's investment portfolio, making the stock its 2nd biggest position. Yousif Capital Management LLC's holdings in Microsoft were worth $344,025,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MSFT. Ball & Co Wealth Management Inc. purchased a new stake in Microsoft in the 4th quarter worth approximately $31,000. Fiduciary Advisors Inc. purchased a new stake in Microsoft in the 4th quarter worth approximately $38,000. LSV Asset Management purchased a new stake in Microsoft in the 4th quarter worth approximately $44,000. IFS Advisors LLC lifted its stake in Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after purchasing an additional 50 shares in the last quarter. Finally, Fairway Wealth LLC purchased a new stake in Microsoft in the 4th quarter worth approximately $62,000. 71.13% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president owned 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president directly owned 134,888 shares in the company, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by company insiders.

Microsoft Trading Down 0.4%

Microsoft stock traded down $2.03 during trading hours on Thursday, reaching $501.48. The stock had a trading volume of 16,466,043 shares, compared to its average volume of 21,666,022. The stock has a market cap of $3.73 trillion, a PE ratio of 38.75, a PEG ratio of 2.25 and a beta of 1.04. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $506.78. 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 company has a fifty day simple moving average of $467.76 and a 200-day simple moving average of $424.96.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company's revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.94 EPS. Analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Thursday, August 21st. Microsoft's payout ratio is 25.66%.

Analyst Ratings Changes

MSFT has been the topic of several recent analyst reports. TD Securities increased their target price on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note 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 report on Wednesday, May 21st. Oppenheimer upgraded shares of Microsoft from a "market perform" rating to an "outperform" rating and set a $600.00 price objective on the stock in a research report on Wednesday. Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, Mizuho raised their price objective on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $534.14.

Microsoft Company 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.