Mutual Advisors LLC Sells 2,676 Shares of Microsoft Co. (NASDAQ:MSFT)

Mutual Advisors LLC cut its stake in Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 209,238 shares of the software giant’s stock after selling 2,676 shares during the period. Microsoft accounts for approximately 2.6% of Mutual Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Mutual Advisors LLC’s holdings in Microsoft were worth $88,838,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. WFA Asset Management Corp lifted its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. boosted its position in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares during the period. Beck Bode LLC raised its stake in shares of Microsoft by 37.3% in the second quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock valued at $17,856,000 after purchasing an additional 10,847 shares in the last quarter. Mill Creek Capital Advisors LLC raised its stake in shares of Microsoft by 8.1% in the second quarter. Mill Creek Capital Advisors LLC now owns 29,305 shares of the software giant’s stock valued at $13,098,000 after purchasing an additional 2,188 shares in the last quarter. Finally, Westwood Wealth Management raised its stake in shares of Microsoft by 3.7% in the second quarter. Westwood Wealth Management now owns 27,622 shares of the software giant’s stock valued at $12,346,000 after purchasing an additional 983 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

NASDAQ MSFT opened at $380.16 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock’s fifty day moving average price is $415.50 and its 200 day moving average price is $421.54. Microsoft Co. has a 1 year low of $377.22 and a 1 year high of $468.35. The company has a market cap of $2.83 trillion, a price-to-earnings ratio of 30.61, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 company posted $2.93 EPS. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

MSFT has been the subject of several recent analyst reports. DA Davidson reiterated a “neutral” rating and set a $425.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Mizuho decreased their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Finally, Morgan Stanley dropped their price target on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

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.