Alexander Labrunerie & CO. Inc. Sells 164 Shares of Microsoft Co. (NASDAQ:MSFT)

Alexander Labrunerie & CO. Inc. lowered its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,074 shares of the software giant’s stock after selling 164 shares during the period. Microsoft accounts for approximately 3.9% of Alexander Labrunerie & CO. Inc.’s portfolio, making the stock its 6th largest position. Alexander Labrunerie & CO. Inc.’s holdings in Microsoft were worth $8,883,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Fogel Capital Management Inc. raised its holdings in Microsoft by 0.5% during the fourth quarter. Fogel Capital Management Inc. now owns 71,147 shares of the software giant’s stock worth $29,989,000 after purchasing an additional 329 shares in the last quarter. Stratos Investment Management LLC grew its position in shares of Microsoft by 1.2% in the 4th quarter. Stratos Investment Management LLC now owns 73,543 shares of the software giant’s stock valued at $30,999,000 after buying an additional 866 shares during the last quarter. Silverlake Wealth Management LLC raised its stake in Microsoft by 0.9% during the 4th quarter. Silverlake Wealth Management LLC now owns 46,887 shares of the software giant’s stock worth $19,763,000 after acquiring an additional 402 shares in the last quarter. Sargent Investment Group LLC lifted its position in Microsoft by 10.1% in the fourth quarter. Sargent Investment Group LLC now owns 52,869 shares of the software giant’s stock valued at $22,056,000 after acquiring an additional 4,860 shares during the last quarter. Finally, Guidance Capital Inc. boosted its stake in Microsoft by 2.0% in the fourth quarter. Guidance Capital Inc. now owns 12,620 shares of the software giant’s stock valued at $5,604,000 after acquiring an additional 244 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 1.8 %

Shares of Microsoft stock opened at $382.19 on Wednesday. The company has a 50-day moving average of $403.52 and a two-hundred day moving average of $418.45. Microsoft Co. has a 12-month low of $367.24 and a 12-month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.84 trillion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

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, beating 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 period in the prior year, the company posted $2.93 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Ratings Changes

A number of research firms have recently commented on MSFT. Jefferies Financial Group cut their target price on Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a research report on Monday. DA Davidson raised Microsoft from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $508.86.

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.