C WorldWide Group Holding A S cut its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 7.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,477,787 shares of the software giant's stock after selling 123,792 shares during the quarter. Microsoft comprises about 7.6% of C WorldWide Group Holding A S's holdings, making the stock its 3rd largest position. C WorldWide Group Holding A S's holdings in Microsoft were worth $622,887,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the 4th quarter valued at $38,000. IFS Advisors LLC increased its stake in 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 purchasing an additional 35 shares in the last quarter. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft in the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft in the 4th quarter valued at about $141,000. Institutional investors own 71.13% of the company's stock.
Analyst Upgrades and Downgrades
MSFT has been the subject of a number of research reports. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Jefferies Financial Group boosted their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research note on Thursday. Wedbush raised their price objective on shares of Microsoft from $475.00 to $515.00 and gave the company an "outperform" rating in a research note on Thursday. Barclays boosted their target price on shares of Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Morgan Stanley raised their price target on shares of Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a research report on Thursday. Six research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the stock. Based on data from MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and an average target price of $507.77.
Check Out Our Latest Stock Report on Microsoft
Microsoft Stock Performance
Microsoft stock traded up $8.85 during trading on Friday, hitting $434.25. The stock had a trading volume of 10,998,295 shares, compared to its average volume of 21,268,189. 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 stock's 50 day moving average is $384.18 and its two-hundred day moving average is $411.01. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The stock has a market cap of $3.23 trillion, a price-to-earnings ratio of 35.02, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00.
Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the prior year, the company earned $2.94 EPS. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. As a group, analysts predict that Microsoft Co. will post 13.08 EPS for the current 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 given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.76%. Microsoft's dividend payout ratio is presently 26.73%.
Microsoft Profile
(
Free Report)
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.
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