O Brien Greene & Co. Inc Has $9.26 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

O Brien Greene & Co. Inc lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,512 shares of the software giant’s stock after selling 1,131 shares during the quarter. Microsoft accounts for about 2.9% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 10th biggest position. O Brien Greene & Co. Inc’s holdings in Microsoft were worth $9,257,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MSFT. International Assets Investment Management LLC grew its stake in 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 buying an additional 38,422,466 shares during the last quarter. Wulff Hansen & CO. boosted its holdings in shares of Microsoft by 47,196.6% in the 2nd quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant’s stock worth $2,160,850,000 after acquiring an additional 4,824,436 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Microsoft by 67.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 5,963,863 shares of the software giant’s stock valued at $2,566,250,000 after purchasing an additional 2,404,348 shares in the last quarter. Baillie Gifford & Co. raised its position in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after purchasing an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings 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 during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity

In other news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the transaction, the executive vice president now owns 117,294 shares of the company’s stock, valued at $48,911,598. This trade represents a 17.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the sale, the chief marketing officer now directly owns 57,511 shares in the company, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 34,000 shares of company stock valued at $14,333,540. 0.03% of the stock is owned by insiders.

Microsoft Trading Up 0.6 %

NASDAQ:MSFT opened at $412.22 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The company has a market cap of $3.06 trillion, a P/E ratio of 33.19, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The business has a 50 day moving average price of $431.44 and a two-hundred day moving average price of $423.41.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS 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 in the previous year, the firm posted $2.93 EPS. As a group, analysts expect that Microsoft Co. will post 13.07 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is currently 26.73%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MSFT. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. DA Davidson reissued a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. UBS Group dropped their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. StockNews.com upgraded Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Three research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

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.