Microsoft Co. (NASDAQ:MSFT) Shares Sold by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton cut its stake in Microsoft Co. (NASDAQ:MSFT) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,723 shares of the software giant’s stock after selling 133 shares during the period. Microsoft accounts for 0.8% of Rosenberg Matthew Hamilton’s portfolio, making the stock its 19th largest position. Rosenberg Matthew Hamilton’s holdings in Microsoft were worth $3,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased 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 valued at $16,567,258,000 after purchasing an additional 38,422,466 shares during the last quarter. Wulff Hansen & CO. increased its stake in Microsoft by 47,196.6% during the second quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant’s stock valued at $2,160,850,000 after purchasing an additional 4,824,436 shares during the last quarter. Geode Capital Management LLC increased its stake in Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Microsoft by 67.5% during the third 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 during the last quarter. Finally, Baillie Gifford & Co. increased its stake in Microsoft by 46.1% during the third 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. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at $22,080,578.32. This represents a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold 8,000 shares of company stock valued at $3,493,820 in the last 90 days. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

MSFT opened at $408.25 on Friday. The stock has a 50-day moving average price of $425.20 and a 200-day moving average price of $422.88. Microsoft Co. has a 12-month low of $385.58 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 capitalization of $3.03 trillion, a P/E ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90.

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 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 previous year, the company posted $2.93 earnings per share. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

Wall Street Analysts Forecast Growth

MSFT has been the subject of several recent research reports. Piper Sandler restated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. StockNews.com upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Mizuho lowered their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Truist Financial restated a “buy” rating and set a $600.00 price target on shares of Microsoft in a research report on Monday, October 28th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Microsoft has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.