Microsoft Co. (NASDAQ:MSFT) Shares Sold by Long Run Wealth Advisors LLC

Long Run Wealth Advisors LLC cut its position in shares of Microsoft Co. (NASDAQ:MSFT) by 2.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,292 shares of the software giant’s stock after selling 337 shares during the quarter. Microsoft comprises 1.4% of Long Run Wealth Advisors LLC’s portfolio, making the stock its 17th biggest position. Long Run Wealth Advisors LLC’s holdings in Microsoft were worth $6,024,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MSFT. BCK Partners Inc. boosted its stake in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after acquiring an additional 24 shares during the period. Muirfield Wealth Advisors LLC lifted its holdings in shares of Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after purchasing an additional 24 shares during the last quarter. Sequent Asset Management LLC boosted its position in Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after purchasing an additional 25 shares during the period. Cypress Point Wealth Management LLC grew its stake in Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after buying an additional 25 shares during the last quarter. Finally, Riverstone Advisors LLC increased its position in Microsoft by 0.6% in the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after buying an additional 25 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $382.14 on Thursday. Microsoft Co. has a 52-week low of $367.24 and a 52-week high of $468.35. The stock has a market capitalization of $2.84 trillion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.21 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock’s fifty day simple moving average is $402.24 and its 200 day simple moving average is $418.11.

Microsoft (NASDAQ:MSFT) last posted 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 prior year, the firm posted $2.93 EPS. As a group, sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

Wall Street Analyst Weigh In

MSFT has been the subject of several analyst reports. Stifel Nicolaus reduced their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday, March 7th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. Jefferies Financial Group reduced their price objective on Microsoft from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Monday. Finally, Loop Capital raised their target price on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

Microsoft 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.