Schwarz Dygos Wheeler Investment Advisors LLC Sells 783 Shares of Microsoft Co. (NASDAQ:MSFT)

Schwarz Dygos Wheeler Investment Advisors LLC cut its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,657 shares of the software giant's stock after selling 783 shares during the quarter. Microsoft comprises approximately 1.5% of Schwarz Dygos Wheeler Investment Advisors LLC's portfolio, making the stock its 13th largest holding. Schwarz Dygos Wheeler Investment Advisors LLC's holdings in Microsoft were worth $6,178,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Adamsbrown Wealth Consultants LLC lifted its stake in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after purchasing an additional 130 shares during the period. Mcdaniel Terry & Co. increased its holdings in Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after buying an additional 18,052 shares in the last quarter. Centric Wealth Management lifted its position in shares of Microsoft by 0.7% during the 3rd quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after acquiring an additional 112 shares during the period. 1900 Wealth Management LLC grew its holdings in Microsoft by 3.0% in the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after purchasing an additional 294 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after acquiring an additional 217,509 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of analyst reports. Wells Fargo & Company increased their price objective on Microsoft from $500.00 to $515.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. StockNews.com raised shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Monday, May 5th. Jefferies Financial Group raised their target price on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Wedbush boosted their price target on Microsoft from $475.00 to $515.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, DA Davidson raised their price objective on Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $509.16.

Insider Buying and Selling

In related news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president now 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction dated 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 completion of the transaction, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This trade 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 worth $41,288,738. 0.03% of the stock is owned by company insiders.

Microsoft Trading Up 0.3%

Shares of NASDAQ:MSFT traded up $1.14 during mid-day trading on Friday, hitting $454.27. The stock had a trading volume of 23,797,504 shares, compared to its average volume of 21,538,550. The company's 50 day moving average is $395.33 and its 200-day moving average is $412.61. Microsoft Co. has a 12-month low of $344.79 and a 12-month 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. The company has a market cap of $3.38 trillion, a PE ratio of 36.58, a P/E/G 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 (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 company had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. During the same quarter in the prior year, the company earned $2.94 earnings per share. The company's revenue for the quarter was up 13.3% on a year-over-year basis. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business 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 $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 25.66%.

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.