Microsoft Co. (NASDAQ:MSFT) is Prudent Man Advisors LLC's 8th Largest Position

Prudent Man Advisors LLC decreased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,682 shares of the software giant's stock after selling 808 shares during the quarter. Microsoft accounts for about 2.0% of Prudent Man Advisors LLC's holdings, making the stock its 8th largest holding. Prudent Man Advisors LLC's holdings in Microsoft were worth $5,345,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Chase Investment Counsel Corp raised its holdings in shares of Microsoft by 47.9% in the fourth quarter. Chase Investment Counsel Corp now owns 29,640 shares of the software giant's stock valued at $12,493,000 after buying an additional 9,598 shares during the last quarter. Connable Office Inc. grew its holdings in shares of Microsoft by 5.6% during the 4th quarter. Connable Office Inc. now owns 35,773 shares of the software giant's stock worth $15,078,000 after purchasing an additional 1,906 shares during the period. TPG Advisors LLC boosted its holdings in Microsoft by 1.7% in the 4th quarter. TPG Advisors LLC now owns 8,109 shares of the software giant's stock worth $3,418,000 after acquiring an additional 139 shares during the period. Proffitt & Goodson Inc. increased its holdings in Microsoft by 0.9% during the 4th quarter. Proffitt & Goodson Inc. now owns 10,982 shares of the software giant's stock worth $4,629,000 after purchasing an additional 95 shares during the last quarter. Finally, Metis Global Partners LLC grew its position in shares of Microsoft by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 426,231 shares of the software giant's stock worth $179,656,000 after acquiring an additional 7,668 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of the business's 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 completion of the transaction, the insider now directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Monday. Royal Bank of Canada boosted their price target on Microsoft from $500.00 to $525.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Scotiabank increased their price objective on Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a research report on Thursday, May 1st. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Finally, Barclays upped their price target on shares of Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $507.77.

Microsoft Trading Up 0.0 %

Microsoft stock traded up $0.04 during trading on Wednesday, reaching $433.35. 23,291,874 shares of the company were exchanged, compared to its average volume of 21,372,691. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The company has a market capitalization of $3.22 trillion, a P/E ratio of 34.89, a PEG ratio of 2.21 and a beta of 0.99. The stock's 50 day simple moving average is $386.48 and its two-hundred day simple moving average is $411.27. 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 (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 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 firm had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the prior year, the firm posted $2.94 earnings per share. The firm's quarterly revenue was up 13.3% on a year-over-year basis. On average, equities research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.77%. Microsoft's dividend payout ratio is presently 25.66%.

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.