Microsoft Co. (NASDAQ:MSFT) Shares Sold by Investmentaktiengesellschaft Fuer Langfristige Investoren TGV

Investmentaktiengesellschaft Fuer Langfristige Investoren TGV cut its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 591,835 shares of the software giant's stock after selling 81,665 shares during the quarter. Microsoft accounts for about 18.4% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV's investment portfolio, making the stock its 3rd largest holding. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV's holdings in Microsoft were worth $251,429,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Adamsbrown Wealth Consultants LLC increased its stake in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after purchasing an additional 130 shares during the period. Mcdaniel Terry & Co. boosted its position in shares of Microsoft by 6.1% during the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after purchasing an additional 18,052 shares in the last quarter. Oak Ridge Investments LLC grew its holdings in shares of Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock worth $113,399,000 after acquiring an additional 18,544 shares during the last quarter. Focus Financial Network Inc. increased its position in shares of Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock worth $32,830,000 after acquiring an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management acquired a new stake in Microsoft during the 3rd quarter worth about $3,314,000. Institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Westpark Capital initiated coverage on Microsoft in a report on Tuesday, April 1st. They set a "hold" rating for the company. Royal Bank of Canada reiterated an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. The Goldman Sachs Group decreased their price target on shares of Microsoft from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Finally, Wells Fargo & Company decreased their price objective on Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Five analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $493.89.

Microsoft Stock Up 0.3 %

NASDAQ:MSFT traded up $1.22 during trading hours on Wednesday, reaching $395.26. 34,165,639 shares of the stock were exchanged, compared to its average volume of 21,187,089. 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 twelve month low of $344.79 and a twelve month high of $468.35. The firm has a 50 day moving average of $384.02 and a 200 day moving average of $411.02. The stock has a market cap of $2.94 trillion, a PE ratio of 31.82, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.20 by $0.26. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. On average, equities analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

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.