Zevin Asset Management LLC Has $31.75 Million Position in Microsoft Co. (NASDAQ:MSFT)

Zevin Asset Management LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 11.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 75,336 shares of the software giant's stock after buying an additional 7,967 shares during the quarter. Microsoft makes up 4.7% of Zevin Asset Management LLC's investment portfolio, making the stock its 3rd largest holding. Zevin Asset Management LLC's holdings in Microsoft were worth $31,754,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. IFS Advisors LLC grew its stake in Microsoft by 53.8% in the 4th 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 period. Avondale Wealth Management grew its position in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in Microsoft during the third quarter valued at $62,000. Kieckhefer Group LLC purchased a new stake in Microsoft in the fourth quarter worth $141,000. Finally, Endeavor Private Wealth Inc. bought a new stake in shares of Microsoft in the fourth quarter valued at $168,000. 71.13% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president now owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the business's stock in a transaction dated 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 transaction, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 131,743 shares of company stock valued at $58,375,673 in the last quarter. Insiders own 0.03% of the company's stock.

Microsoft Trading Down 1.0%

Microsoft stock traded down $4.68 during mid-day trading on Friday, hitting $450.18. The company's stock had a trading volume of 16,874,720 shares, compared to its average volume of 21,587,887. The business has a 50 day moving average price of $402.37 and a 200-day moving average price of $413.85. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The stock has a market cap of $3.35 trillion, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (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 analyst estimates of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $2.94 EPS. As a group, analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.74%. Microsoft's dividend payout ratio is currently 25.66%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Evercore ISI set a $515.00 price objective on Microsoft and gave the stock an "outperform" rating in a report on Wednesday. UBS Group lowered their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Guggenheim restated a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. DA Davidson raised their price target on Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Finally, Piper Sandler restated an "overweight" rating on shares of Microsoft in a research note on Wednesday. Four analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. Based on data from MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and an average price target of $513.13.

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.