Microsoft Co. (NASDAQ:MSFT) Holdings Trimmed by Campbell Capital Management Inc.

Campbell Capital Management Inc. lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 1.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 53,697 shares of the software giant’s stock after selling 895 shares during the quarter. Microsoft accounts for approximately 10.0% of Campbell Capital Management Inc.’s portfolio, making the stock its 3rd biggest position. Campbell Capital Management Inc.’s holdings in Microsoft were worth $22,591,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Financial Security Advisor Inc. increased its holdings in Microsoft by 1.7% in the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after buying an additional 452 shares during the last quarter. Gunderson Capital Management Inc. lifted its stake in Microsoft by 0.7% during the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock worth $9,359,000 after purchasing an additional 185 shares during the last quarter. Rappaport Reiches Capital Management LLC boosted its holdings in Microsoft by 14.9% in 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 purchasing an additional 1,067 shares in the last quarter. Bayesian Capital Management LP increased its stake in Microsoft by 60.1% in the fourth quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock valued at $18,238,000 after purchasing an additional 18,200 shares during the last quarter. Finally, RNC Capital Management LLC raised its holdings in Microsoft by 10.4% during the fourth 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. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the sale, the executive vice president now owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares in the company, valued at approximately $19,534,480.83. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,566 shares of company stock worth $10,877,535. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on MSFT. Raymond James restated an “outperform” rating and set a $480.00 price target (up previously from $450.00) on shares of Microsoft in a research note on Friday, April 26th. Wells Fargo & Company upped their price target on shares of Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. The Goldman Sachs Group lifted their price objective on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. upped their price objective on Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Tigress Financial upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, June 13th. Three investment analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Microsoft Price Performance

MSFT opened at $446.34 on Thursday. The stock has a market capitalization of $3.32 trillion, a PE ratio of 38.64, a P/E/G ratio of 2.36 and a beta of 0.89. The company’s 50 day simple moving average is $419.05 and its 200 day simple moving average is $406.10. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $450.94. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period last year, the company posted $2.45 EPS. The business’s quarterly revenue was up 17.0% on a year-over-year basis. As a group, sell-side analysts expect that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s payout ratio is currently 25.97%.

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.