Microsoft Co. (NASDAQ:MSFT) Shares Sold by Cottonwood Capital Advisors LLC

Cottonwood Capital Advisors LLC cut its holdings in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,440 shares of the software giant’s stock after selling 111 shares during the period. Cottonwood Capital Advisors LLC’s holdings in Microsoft were worth $1,065,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MSFT. Aaron Wealth Advisors LLC grew its stake in shares of Microsoft by 35,465.9% during the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after acquiring an additional 20,553,188 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Microsoft by 1.0% during the third quarter. Vanguard Group Inc. now owns 634,238,715 shares of the software giant’s stock worth $147,714,197,000 after purchasing an additional 6,129,708 shares during the last quarter. Swiss National Bank lifted its position in shares of Microsoft by 13.8% during the first quarter. Swiss National Bank now owns 30,893,155 shares of the software giant’s stock worth $9,524,669,000 after purchasing an additional 3,757,500 shares during the last quarter. Cottage Street Advisors LLC lifted its position in shares of Microsoft by 17,734.7% during the fourth quarter. Cottage Street Advisors LLC now owns 3,763,300 shares of the software giant’s stock worth $1,351,000 after purchasing an additional 3,742,199 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of Microsoft by 73.8% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,172,257 shares of the software giant’s stock worth $1,903,319,000 after purchasing an additional 3,471,095 shares during the last quarter. 69.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MSFT has been the topic of several research analyst reports. Barclays increased their price target on shares of Microsoft from $310.00 to $336.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 26th. Sanford C. Bernstein increased their price target on shares of Microsoft from $280.00 to $322.00 in a research report on Monday, April 24th. 888 reaffirmed a “maintains” rating on shares of Microsoft in a research report on Wednesday, April 26th. Citigroup raised their target price on shares of Microsoft from $332.00 to $340.00 in a report on Wednesday, April 26th. Finally, Royal Bank of Canada raised their target price on shares of Microsoft from $285.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.28.

Insider Buying and Selling

In related news, EVP Judson Althoff sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $306.09, for a total value of $9,182,700.00. Following the completion of the transaction, the executive vice president now owns 117,456 shares of the company’s stock, valued at approximately $35,952,107.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Microsoft news, EVP Judson Althoff sold 30,000 shares of Microsoft stock in a transaction on Monday, May 1st. The shares were sold at an average price of $306.09, for a total transaction of $9,182,700.00. Following the completion of the sale, the executive vice president now owns 117,456 shares of the company’s stock, valued at approximately $35,952,107.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $316.87, for a total transaction of $1,584,350.00. Following the sale, the chief marketing officer now directly owns 89,328 shares of the company’s stock, valued at approximately $28,305,363.36. The disclosure for this sale can be found here. In the last 90 days, insiders sold 54,848 shares of company stock valued at $16,635,227. Company insiders own 0.03% of the company’s stock.

Microsoft Trading Down 0.1 %

Microsoft stock opened at $318.34 on Friday. The firm’s 50 day moving average price is $290.86 and its two-hundred day moving average price is $261.15. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $319.04. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.88 and a current ratio of 1.91. The firm has a market cap of $2.37 trillion, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 2.79 and a beta of 0.93.

Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings data on Tuesday, April 25th. The software giant reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.23. Microsoft had a net margin of 33.25% and a return on equity of 38.98%. The firm had revenue of $52.86 billion during the quarter, compared to analyst estimates of $51.01 billion. During the same quarter last year, the business posted $2.22 EPS. The company’s revenue was up 7.1% on a year-over-year basis. On average, research analysts predict that Microsoft Co. will post 9.66 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, May 18th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Wednesday, May 17th. Microsoft’s dividend payout ratio is 29.47%.

About Microsoft

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.