Microsoft Co. (NASDAQ:MSFT) Stock Holdings Trimmed by First Dallas Securities Inc.

First Dallas Securities Inc. cut its stake in Microsoft Co. (NASDAQ:MSFT) by 0.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,381 shares of the software giant’s stock after selling 52 shares during the period. Microsoft makes up about 3.7% of First Dallas Securities Inc.’s holdings, making the stock its 4th largest holding. First Dallas Securities Inc.’s holdings in Microsoft were worth $8,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in MSFT. JDM Financial Group LLC increased its position in Microsoft by 12.0% during the third quarter. JDM Financial Group LLC now owns 784 shares of the software giant’s stock worth $337,000 after purchasing an additional 84 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the period. Goodman Advisory Group LLC increased its holdings in shares of Microsoft by 1.3% during the 3rd quarter. Goodman Advisory Group LLC now owns 28,760 shares of the software giant’s stock worth $12,376,000 after buying an additional 369 shares during the last quarter. Greenwood Gearhart Inc. raised its position in shares of Microsoft by 8.0% during the 3rd quarter. Greenwood Gearhart Inc. now owns 102,695 shares of the software giant’s stock valued at $44,189,000 after buying an additional 7,601 shares during the period. Finally, Valued Retirements Inc. acquired a new position in Microsoft in the third quarter valued at approximately $1,848,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MSFT. Wedbush reissued an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. TD Cowen cut their price objective on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. BMO Capital Markets decreased their target price on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Wells Fargo & Company reiterated a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Finally, Piper Sandler restated an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

Microsoft Trading Down 0.2 %

Shares of NASDAQ:MSFT opened at $411.44 on Wednesday. The company has a market cap of $3.06 trillion, a PE ratio of 33.13, a P/E/G ratio of 2.21 and a beta of 0.90. The company’s 50 day moving average is $431.07 and its two-hundred day moving average is $423.29. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the firm earned $2.93 EPS. Equities analysts predict that Microsoft Co. will post 13.07 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is 26.73%.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the transaction, the chief marketing officer now owns 57,511 shares in the company, valued at $23,850,961.92. This represents a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total value of $10,425,000.00. Following the sale, the executive vice president now owns 117,294 shares in the company, valued at $48,911,598. This trade represents a 17.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 34,000 shares of company stock worth $14,333,540 over the last three months. Insiders own 0.03% of the company’s stock.

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.