Macroview Investment Management LLC Trims Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Macroview Investment Management LLC reduced its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,582 shares of the software giant’s stock after selling 39 shares during the period. Microsoft comprises approximately 2.3% of Macroview Investment Management LLC’s holdings, making the stock its 13th largest holding. Macroview Investment Management LLC’s holdings in Microsoft were worth $2,402,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in MSFT. WFA Asset Management Corp grew its stake in shares of Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares in the last quarter. China Universal Asset Management Co. Ltd. increased its stake in Microsoft by 62.0% during the first quarter. China Universal Asset Management Co. Ltd. now owns 113,168 shares of the software giant’s stock valued at $47,612,000 after acquiring an additional 43,327 shares during the period. Quent Capital LLC boosted its stake in Microsoft by 4.3% during the first quarter. Quent Capital LLC now owns 35,888 shares of the software giant’s stock worth $15,099,000 after buying an additional 1,467 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its stake in Microsoft by 22.6% during the first quarter. Mount Yale Investment Advisors LLC now owns 46,741 shares of the software giant’s stock worth $19,665,000 after purchasing an additional 8,604 shares during the period. Finally, Transcendent Capital Group LLC grew its position in Microsoft by 0.5% in the first quarter. Transcendent Capital Group LLC now owns 23,206 shares of the software giant’s stock valued at $9,763,000 after acquiring an additional 126 shares during the period. 71.13% of the stock is owned by institutional investors.

Insider Buying and Selling at Microsoft

In other news, EVP Christopher David Young sold 7,200 shares of Microsoft stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the completion of the sale, the executive vice president now directly owns 103,366 shares in the company, valued at $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total value of $414,720.00. Following the sale, the chief marketing officer now owns 57,511 shares of the company’s stock, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,200 shares of company stock worth $17,383,892 over the last three months. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of research reports. Morgan Stanley upped their target price on shares of Microsoft from $506.00 to $548.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Truist Financial reaffirmed a “buy” rating and set a $600.00 price objective on shares of Microsoft in a research note on Monday, October 28th. Wedbush reissued an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research report on Tuesday, November 19th. TD Cowen cut their price objective on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Finally, UBS Group decreased their target price on shares of Microsoft from $510.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. According to MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $505.43.

Read Our Latest Stock Analysis on MSFT

Microsoft Stock Performance

MSFT stock opened at $454.46 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The firm has a market cap of $3.38 trillion, a price-to-earnings ratio of 37.50, a PEG ratio of 2.38 and a beta of 0.90. The firm has a 50-day simple moving average of $425.79 and a two-hundred day simple moving average of $428.04. Microsoft Co. has a one year low of $366.50 and a one year high of $468.35.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.20. The company had revenue of $65.59 billion for the quarter, compared to analysts’ expectations of $64.57 billion. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. Microsoft’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.99 EPS. On average, equities analysts forecast that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft declared that its board has approved a stock buyback plan on Monday, September 16th that authorizes the company to buyback $60.00 billion in shares. This buyback authorization authorizes the software giant to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s payout ratio is 27.39%.

About Microsoft

(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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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