Bryn Mawr Capital Management LLC Has $77.28 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Bryn Mawr Capital Management LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 183,333 shares of the software giant's stock after selling 3,119 shares during the period. Microsoft makes up about 4.2% of Bryn Mawr Capital Management LLC's holdings, making the stock its 4th biggest position. Bryn Mawr Capital Management LLC's holdings in Microsoft were worth $77,275,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MSFT. Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the 4th quarter worth $38,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $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 approximately $62,000. Finally, Kieckhefer Group LLC purchased a new stake in shares of Microsoft in the 4th quarter valued at $141,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Up 2.3 %

Shares of MSFT traded up $9.88 during trading hours on Friday, hitting $435.28. The company had a trading volume of 30,732,671 shares, compared to its average volume of 21,356,359. The stock has a market capitalization of $3.24 trillion, a price-to-earnings ratio of 35.05, a P/E/G ratio of 2.21 and a beta of 1.00. The firm has a fifty day moving average price of $384.93 and a 200-day moving average price of $411.12. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its 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. 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 in the previous year, the company earned $2.94 earnings per share. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. On average, equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.76%. Microsoft's dividend payout ratio is 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several analyst reports. StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research note on Thursday. Jefferies Financial Group increased their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research report on Thursday. Piper Sandler reaffirmed a "neutral" rating on shares of Microsoft in a research note on Thursday. Finally, Raymond James increased their target price on shares of Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a report on Thursday. Six research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $507.77.

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.