Microsoft Co. (NASDAQ:MSFT) is Caldwell Sutter Capital Inc.’s 4th Largest Position

Caldwell Sutter Capital Inc. trimmed its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,383 shares of the software giant’s stock after selling 359 shares during the quarter. Microsoft comprises about 2.0% of Caldwell Sutter Capital Inc.’s holdings, making the stock its 4th largest position. Caldwell Sutter Capital Inc.’s holdings in Microsoft were worth $3,904,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Monumental Financial Group Inc. purchased a new position in Microsoft during the first quarter worth about $28,000. Atlantic Private Wealth LLC lifted its stake in Microsoft by 534.5% during the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after purchasing an additional 155 shares during the last quarter. Infrastructure Capital Advisors LLC bought a new stake in Microsoft during the second quarter worth about $601,000. Hibernia Wealth Partners LLC bought a new stake in Microsoft during the third quarter worth about $69,000. Finally, Iron Horse Wealth Management LLC lifted its stake in Microsoft by 89.0% during the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after purchasing an additional 105 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on MSFT shares. BMO Capital Markets lifted their price target on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. UBS Group reaffirmed a “buy” rating and set a $480.00 price target on shares of Microsoft in a research note on Wednesday, April 10th. Wells Fargo & Company lifted their price target on Microsoft from $460.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday. Jefferies Financial Group lifted their price target on Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Finally, StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Thursday, February 22nd. Four research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $431.03.

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the transaction, the insider now directly owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,070,258 shares of company stock valued at $30,690,456. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Down 0.7 %

Shares of NASDAQ MSFT opened at $411.84 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. The company has a market cap of $3.06 trillion, a P/E ratio of 37.24, a PEG ratio of 2.20 and a beta of 0.89. Microsoft Co. has a 1 year low of $275.37 and a 1 year high of $430.82. The firm has a 50-day simple moving average of $415.48 and a two-hundred day simple moving average of $384.15.

Microsoft (NASDAQ:MSFT) last posted its quarterly 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 firm posted $2.32 earnings per share. The company’s revenue was up 17.6% on a year-over-year basis. Research analysts anticipate that Microsoft Co. will post 11.61 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders 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 0.73%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 27.12%.

About Microsoft

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.