Microsoft Co. (NASDAQ:MSFT) Shares Sold by Henrickson Nauta Wealth Advisors Inc.

Henrickson Nauta Wealth Advisors Inc. trimmed its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,907 shares of the software giant’s stock after selling 143 shares during the quarter. Microsoft makes up approximately 0.5% of Henrickson Nauta Wealth Advisors Inc.’s investment portfolio, making the stock its 19th largest position. Henrickson Nauta Wealth Advisors Inc.’s holdings in Microsoft were worth $1,225,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MSFT. Net Worth Advisory Group acquired a new position in shares of Microsoft during the 3rd quarter worth about $2,645,000. Oak Ridge Investments LLC boosted its holdings in Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after buying an additional 18,544 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Microsoft by 1.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock worth $882,816,000 after buying an additional 31,401 shares in the last quarter. Jacobs & Co. CA raised its holdings in shares of Microsoft by 0.9% during the third quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock valued at $41,318,000 after acquiring an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its position in shares of Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after acquiring an additional 1,489 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $408.25 on Monday. The company has a market cap of $3.03 trillion, a P/E ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average price is $425.20 and its 200 day moving average price is $423.04.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter last year, the company earned $2.93 EPS. On average, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Stifel Nicolaus increased their target price on shares of Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. UBS Group lowered their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Piper Sandler reiterated an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Finally, Wedbush restated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Three investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $510.96.

Insider Buying and Selling

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares in the company, valued at $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last ninety days, insiders have sold 8,000 shares of company stock worth $3,493,820. Company insiders own 0.03% of the company’s stock.

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.