Microsoft Co. (NASDAQ:MSFT) Shares Sold by Stableford Capital II LLC

Stableford Capital II LLC decreased its stake in Microsoft Co. (NASDAQ:MSFT) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,790 shares of the software giant’s stock after selling 826 shares during the period. Microsoft makes up 3.1% of Stableford Capital II LLC’s portfolio, making the stock its 7th largest holding. Stableford Capital II LLC’s holdings in Microsoft were worth $7,920,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MSFT. WFA Asset Management Corp lifted its stake in shares of Microsoft by 27.0% in the first 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 during the period. Ironwood Wealth Management LLC. raised its holdings in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares in the last quarter. AMF Tjanstepension AB raised its holdings in Microsoft by 1.8% in the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after acquiring an additional 49,735 shares in the last quarter. SS&H Financial Advisors Inc. lifted its position in shares of Microsoft by 8.9% in the 3rd quarter. SS&H Financial Advisors Inc. now owns 44,685 shares of the software giant’s stock worth $19,228,000 after acquiring an additional 3,663 shares during the period. Finally, Modus Advisors LLC grew its holdings in shares of Microsoft by 9.3% during the 3rd quarter. Modus Advisors LLC now owns 16,731 shares of the software giant’s stock worth $7,199,000 after purchasing an additional 1,430 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 1.3 %

NASDAQ:MSFT opened at $389.97 on Thursday. The company has a market cap of $2.90 trillion, a price-to-earnings ratio of 31.40, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock’s fifty day moving average price is $407.20 and its two-hundred day moving average price is $419.45. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last released its earnings results 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 in the prior year, the company earned $2.93 earnings per share. On average, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analyst Weigh In

Several research analysts recently commented on MSFT shares. Wedbush reaffirmed an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Loop Capital lifted their target price 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. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Finally, Mizuho decreased their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $510.59.

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.