BOK Financial Private Wealth Inc. Has $7.49 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

BOK Financial Private Wealth Inc. decreased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 15.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,775 shares of the software giant's stock after selling 3,144 shares during the period. Microsoft comprises approximately 0.5% of BOK Financial Private Wealth Inc.'s investment portfolio, making the stock its 20th biggest holding. BOK Financial Private Wealth Inc.'s holdings in Microsoft were worth $7,492,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MSFT. Muirfield Wealth Advisors LLC lifted its stake in shares of Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares during the last quarter. Retirement Financial Solutions LLC lifted its stake in shares of Microsoft by 2.3% in the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after buying an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC lifted its stake in shares of Microsoft by 1.0% in the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock worth $1,106,000 after buying an additional 25 shares during the last quarter. Sterling Group Wealth Management LLC lifted its stake in shares of Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after buying an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel increased its position in Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Activity at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president now directly owns 43,100 shares of the company's stock, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now directly owns 471,036 shares of the company's stock, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 94,243 shares of company stock valued at $41,288,738. 0.03% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on MSFT shares. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. Needham & Company LLC reaffirmed a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Stifel Nicolaus boosted their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Scotiabank boosted their target price on shares of Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 1st. Finally, Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $510.30.

Microsoft Stock Up 1.0%

Shares of NASDAQ:MSFT traded up $4.60 during midday trading on Monday, hitting $458.87. The stock had a trading volume of 21,313,890 shares, compared to its average volume of 21,562,487. Microsoft Co. has a 12 month low of $344.79 and a 12 month 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. The business's 50-day simple moving average is $396.84 and its 200-day simple moving average is $412.71. The company has a market cap of $3.41 trillion, a P/E ratio of 36.95, a PEG ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. During the same period last year, the business earned $2.94 earnings per share. The firm's revenue was up 13.3% on a year-over-year basis. On average, sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.72%. Microsoft's dividend payout ratio is presently 25.66%.

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.