M. Kulyk & Associates LLC Has $17.42 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

M. Kulyk & Associates LLC lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,330 shares of the software giant's stock after selling 2,066 shares during the quarter. Microsoft comprises 3.8% of M. Kulyk & Associates LLC's portfolio, making the stock its 5th largest holding. M. Kulyk & Associates LLC's holdings in Microsoft were worth $17,421,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fiduciary Advisors Inc. bought a new stake in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC lifted its stake in shares of 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 buying 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 worth $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Microsoft during the third quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new position in Microsoft during the fourth quarter valued at about $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Trading Up 0.3%

MSFT stock traded up $1.14 during midday trading on Friday, reaching $454.27. The company's stock had a trading volume of 23,797,504 shares, compared to its average volume of 21,538,550. The business's 50-day simple moving average is $395.33 and its 200-day simple moving average is $412.61. The stock has a market cap of $3.38 trillion, a PE ratio of 36.58, a price-to-earnings-growth 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. 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 (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the previous year, the firm earned $2.94 earnings per share. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. As a group, sell-side analysts expect 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 $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.73%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the transaction, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Amy Coleman sold 13,243 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now owns 43,100 shares of the company's stock, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 94,243 shares of company stock valued at $41,288,738 over the last three months. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Evercore ISI raised their price objective on Microsoft from $435.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. TD Securities raised their target price on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Benchmark reissued a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Barclays raised their price objective on shares of Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Five investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $509.16.

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.