TrueWealth Advisors LLC Cuts Stake in Microsoft Co. (NASDAQ:MSFT)

TrueWealth Advisors LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,663 shares of the software giant’s stock after selling 684 shares during the period. Microsoft accounts for about 0.8% of TrueWealth Advisors LLC’s investment portfolio, making the stock its 25th largest position. TrueWealth Advisors LLC’s holdings in Microsoft were worth $2,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of MSFT. Christopher J. Hasenberg Inc raised its holdings in Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after buying an additional 25 shares during the period. IFS Advisors LLC raised its holdings in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares during the period. Quarry LP purchased a new position in Microsoft in the second quarter valued at approximately $45,000. Avondale Wealth Management raised its holdings in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. purchased a new position in Microsoft in the third quarter valued at approximately $62,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders have sold 7,000 shares of company stock worth $3,070,340. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

Shares of MSFT opened at $397.12 on Friday. The business’s fifty day moving average price is $420.68 and its 200 day moving average price is $422.73. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35. The stock has a market capitalization of $2.95 trillion, a PE ratio of 31.97, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the firm earned $2.93 EPS. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s payout ratio is 26.73%.

Analysts Set New Price Targets

Several research analysts recently commented on MSFT shares. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday. Loop Capital increased their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.