Microsoft Co. (NASDAQ:MSFT) is Butensky & Cohen Financial Security Inc.’s 4th Largest Position

Butensky & Cohen Financial Security Inc. lowered its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 3.2% during the fourth quarter, HoldingsChannel reports. The fund owned 14,083 shares of the software giant’s stock after selling 470 shares during the period. Microsoft accounts for about 1.8% of Butensky & Cohen Financial Security Inc.’s investment portfolio, making the stock its 4th biggest holding. Butensky & Cohen Financial Security Inc.’s holdings in Microsoft were worth $5,296,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Monumental Financial Group Inc. acquired a new stake in shares of Microsoft during the first quarter worth about $28,000. Atlantic Private Wealth LLC boosted its holdings in shares of Microsoft by 534.5% in the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after acquiring an additional 155 shares during the period. Hibernia Wealth Partners LLC purchased a new position in shares of Microsoft during the third quarter worth approximately $69,000. Iron Horse Wealth Management LLC increased its holdings in shares of Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after acquiring an additional 105 shares during the period. Finally, MayTech Global Investments LLC purchased a new stake in Microsoft in the 4th quarter valued at $83,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Microsoft stock opened at $420.45 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. Microsoft Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The stock has a fifty day moving average of $412.27 and a two-hundred day moving average of $376.71. The company has a market capitalization of $3.12 trillion, a price-to-earnings ratio of 38.02, a PEG ratio of 2.26 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The firm had revenue of $62.02 billion during the quarter, compared to the consensus estimate of $61.14 billion. During the same quarter in the previous year, the company posted $2.32 EPS. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. On average, analysts anticipate that Microsoft Co. will post 11.63 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is 27.12%.

Insider Buying and Selling

In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the business’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now directly owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the sale, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Truist Financial reissued a “buy” rating and set a $600.00 price objective on shares of Microsoft in a research report on Monday, March 25th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price objective for the company in a research report on Thursday, January 18th. Piper Sandler reissued an “overweight” rating and issued a $455.00 target price on shares of Microsoft in a report on Thursday, January 25th. Finally, Jefferies Financial Group increased their price target on Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a report on Monday. Four equities research analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $425.52.

Check Out Our Latest Stock Analysis on Microsoft

Microsoft Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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