Burr Financial Services LLC Sells 7,921 Shares of Microsoft Co. (NASDAQ:MSFT)

Burr Financial Services LLC trimmed its position in shares of Microsoft Co. (NASDAQ:MSFT) by 60.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,246 shares of the software giant’s stock after selling 7,921 shares during the quarter. Microsoft accounts for 1.5% of Burr Financial Services LLC’s portfolio, making the stock its 12th largest position. Burr Financial Services LLC’s holdings in Microsoft were worth $2,211,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSFT. International Assets Investment Management LLC boosted its position in shares of Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares in the last quarter. Baillie Gifford & Co. boosted its position in shares of Microsoft by 46.1% during the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Down 3.3 %

Microsoft stock opened at $380.16 on Tuesday. The firm has a market capitalization of $2.83 trillion, a PE ratio of 30.61, a P/E/G ratio of 2.21 and a beta of 0.92. The company’s 50-day moving average is $415.50 and its 200-day moving average is $421.54. Microsoft Co. has a fifty-two week low of $377.22 and a fifty-two week high of $468.35. 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 released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the firm posted $2.93 EPS. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. DA Davidson reissued a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Stifel Nicolaus dropped their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a report on Friday. Morgan Stanley dropped their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Four research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $509.54.

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.