Microsoft Co. (NASDAQ:MSFT) Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. reduced its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 162,443 shares of the software giant’s stock after selling 417 shares during the period. Microsoft makes up about 4.5% of Compass Capital Management Inc.’s portfolio, making the stock its biggest holding. Compass Capital Management Inc.’s holdings in Microsoft were worth $68,470,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of MSFT. Net Worth Advisory Group acquired a new position in Microsoft in the 3rd quarter valued at $2,645,000. Adamsbrown Wealth Consultants LLC lifted its stake in shares of Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after acquiring an additional 130 shares during the last quarter. Oak Ridge Investments LLC increased its stake in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after buying an additional 18,544 shares during the period. Focus Financial Network Inc. lifted its holdings in shares of Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares during the period. Finally, Campbell Wealth Management bought a new position in shares of Microsoft during the third quarter worth about $3,314,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Stifel Nicolaus lowered their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Loop Capital lifted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Scotiabank initiated coverage on Microsoft in a research note on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and increased their price target for the stock from $425.00 to $450.00 in a research note on Thursday, March 13th. Finally, Wedbush restated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Thursday, March 20th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $510.59.

Microsoft Stock Down 3.0 %

MSFT stock opened at $378.80 on Monday. The stock has a market cap of $2.82 trillion, a price-to-earnings ratio of 30.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. 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 Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company’s 50 day moving average is $405.52 and its 200 day moving average is $419.10.

Microsoft (NASDAQ:MSFT) last announced 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 net margin of 35.43% and a return on equity of 33.36%. During the same period last year, the business posted $2.93 earnings per share. Sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.88%. Microsoft’s dividend payout ratio is currently 26.73%.

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.