Leibman Financial Services Inc. Sells 2,462 Shares of Microsoft Co. (NASDAQ:MSFT)

Leibman Financial Services Inc. decreased its holdings in Microsoft Co. (NASDAQ:MSFT) by 25.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,344 shares of the software giant’s stock after selling 2,462 shares during the period. Microsoft makes up about 2.3% of Leibman Financial Services Inc.’s portfolio, making the stock its 18th biggest position. Leibman Financial Services Inc.’s holdings in Microsoft were worth $3,095,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Christopher J. Hasenberg Inc grew its position in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares during the last quarter. Quarry LP bought a new stake in shares of Microsoft in the 2nd quarter valued at about $45,000. Avondale Wealth Management grew its position in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft in the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft in the 4th quarter valued at about $141,000. Institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the completion of the sale, the chief marketing officer now owns 53,852 shares of the company’s stock, valued at $23,203,211.24. The trade was a 4.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 8,000 shares of company stock valued at $3,493,820 over the last 90 days. Insiders own 0.03% of the company’s stock.

Microsoft Trading Down 1.9 %

Shares of MSFT stock opened at $408.25 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35. The company has a market capitalization of $3.03 trillion, a PE ratio of 32.87, a price-to-earnings-growth ratio of 2.20 and a beta of 0.90. The business’s fifty day moving average is $425.20 and its 200 day moving average is $422.69.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 period in the prior year, the firm earned $2.93 EPS. On average, equities research analysts anticipate that Microsoft Co. will post 13.07 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

Wall Street Analyst Weigh In

MSFT has been the topic of a number of recent analyst reports. Mizuho dropped their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. TD Cowen lowered their price objective on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Sanford C. Bernstein lowered their price objective on Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Morgan Stanley lowered their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to MarketBeat.com, Microsoft 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.