Compass Financial Advisors LLC Cuts Holdings in Microsoft Co. (NASDAQ:MSFT)

Compass Financial Advisors LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 1.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,983 shares of the software giant’s stock after selling 104 shares during the period. Microsoft accounts for about 2.3% of Compass Financial Advisors LLC’s investment portfolio, making the stock its 6th largest position. Compass Financial Advisors LLC’s holdings in Microsoft were worth $1,675,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Iron Horse Wealth Management LLC bought a new position in Microsoft in the 4th quarter worth approximately $26,000. Monumental Financial Group Inc. bought a new position in Microsoft in the 1st quarter worth approximately $28,000. Hanseatic Management Services Inc. increased its position in Microsoft by 71.4% in the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock worth $31,000 after buying an additional 55 shares during the period. Retirement Financial Solutions LLC bought a new position in Microsoft in the 4th quarter worth approximately $40,000. Finally, PayPay Securities Corp bought a new position in Microsoft in the 4th quarter worth approximately $54,000. 69.15% of the stock is owned by institutional investors.

Insider Activity at Microsoft

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

Microsoft Trading Down 0.1 %

MSFT stock opened at $318.34 on Friday. The company has a market cap of $2.37 trillion, a P/E ratio of 34.49, a PEG ratio of 2.83 and a beta of 0.93. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $319.04. The company has a quick ratio of 1.88, a current ratio of 1.91 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $290.86 and a 200-day moving average of $261.38.

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

Microsoft Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have commented on MSFT. Stifel Nicolaus lifted their price target on Microsoft from $310.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, April 26th. BMO Capital Markets raised Microsoft from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $325.00 to $347.00 in a report on Wednesday, April 26th. Macquarie raised Microsoft from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $260.00 to $325.00 in a report on Wednesday, April 26th. Raymond James lifted their price objective on Microsoft from $310.00 to $320.00 and gave the stock an “outperform” rating in a report on Wednesday, April 26th. Finally, Jefferies Financial Group lifted their price objective on Microsoft from $325.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirty-two have given a buy rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $323.28.

Microsoft Company Profile

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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.