Microsoft Co. (NASDAQ:MSFT) is Schrum Private Wealth Management LLC's 2nd Largest Position

Schrum Private Wealth Management LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 19.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,478 shares of the software giant's stock after selling 3,601 shares during the period. Microsoft accounts for about 7.7% of Schrum Private Wealth Management LLC's investment portfolio, making the stock its 2nd biggest holding. Schrum Private Wealth Management LLC's holdings in Microsoft were worth $5,444,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of MSFT. Financial Security Advisor Inc. boosted its position in shares of Microsoft by 1.7% in the 4th quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant's stock worth $10,255,000 after purchasing an additional 452 shares in the last quarter. Gunderson Capital Management Inc. grew its stake in shares of Microsoft by 0.7% in the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant's stock worth $9,359,000 after acquiring an additional 185 shares during the last quarter. Rappaport Reiches Capital Management LLC increased its holdings in shares of Microsoft by 14.9% during the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant's stock valued at $3,089,000 after acquiring an additional 1,067 shares in the last quarter. Bailard Inc. raised its position in shares of Microsoft by 1.2% in the 3rd quarter. Bailard Inc. now owns 470,301 shares of the software giant's stock worth $148,497,000 after purchasing an additional 5,366 shares during the last quarter. Finally, RNC Capital Management LLC boosted its stake in Microsoft by 10.4% in the 4th quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant's stock worth $25,967,000 after purchasing an additional 6,484 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT traded up $8.82 on Friday, reaching $406.66. The company's stock had a trading volume of 17,446,724 shares, compared to its average volume of 20,613,484. The company has a 50-day simple moving average of $413.68 and a 200 day simple moving average of $390.88. Microsoft Co. has a 52-week low of $303.40 and a 52-week high of $430.82. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The company has a market cap of $3.02 trillion, a P/E ratio of 35.21, a PEG ratio of 2.15 and a beta of 0.89.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping the consensus estimate of $2.81 by $0.13. The company had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The firm's revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the business posted $2.45 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 11.76 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft's dividend payout ratio (DPR) is 25.97%.

Analyst Ratings Changes

MSFT has been the subject of a number of analyst reports. Sanford C. Bernstein raised their price objective on shares of Microsoft from $465.00 to $489.00 and gave the company an "outperform" rating in a research note on Friday, April 26th. Stifel Nicolaus restated a "buy" rating and issued a $455.00 price objective on shares of Microsoft in a report on Monday, April 22nd. Truist Financial reaffirmed a "buy" rating and set a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. The Goldman Sachs Group increased their price objective on Microsoft from $450.00 to $515.00 and gave the company a "buy" rating in a research report on Friday, April 26th. Finally, JPMorgan Chase & Co. upped their target price on shares of Microsoft from $440.00 to $470.00 and gave the company an "overweight" rating in a research note on Friday, April 26th. Three analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $452.61.

Insider Activity

In other news, insider Bradford L. Smith sold 3,303 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now directly owns 570,826 shares in the company, valued at $231,823,855.12. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the firm's stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares of the company's stock, valued at approximately $64,538,265.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 3,303 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the transaction, the insider now owns 570,826 shares in the company, valued at $231,823,855.12. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,025,258 shares of company stock valued at $12,160,356. 0.03% of the stock is currently owned by company insiders.

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.