MorganRosel Wealth Management LLC Sells 165 Shares of Microsoft Co. (NASDAQ:MSFT)

MorganRosel Wealth Management LLC trimmed its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,737 shares of the software giant’s stock after selling 165 shares during the period. Microsoft accounts for about 0.8% of MorganRosel Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest holding. MorganRosel Wealth Management LLC’s holdings in Microsoft were worth $2,157,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MSFT. Monumental Financial Group Inc. bought a new stake in Microsoft in the first quarter valued at approximately $28,000. Atlantic Private Wealth LLC increased its position in shares of 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 acquiring an additional 155 shares in the last quarter. Infrastructure Capital Advisors LLC bought a new stake in shares of Microsoft during the second quarter worth $601,000. Hibernia Wealth Partners LLC bought a new stake in shares of Microsoft during the third quarter worth $69,000. Finally, Iron Horse Wealth Management LLC increased its position in shares of 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 acquiring an additional 105 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

Shares of MSFT opened at $411.84 on Thursday. Microsoft Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The firm has a market capitalization of $3.06 trillion, a PE ratio of 37.24, a PEG ratio of 2.20 and a beta of 0.89. The company’s 50-day moving average is $415.48 and its 200-day moving average is $384.15. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The business had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. During the same period last year, the firm earned $2.32 earnings per share. Microsoft’s revenue for the quarter was up 17.6% compared to the same quarter last year. Equities analysts forecast that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is 27.12%.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

MSFT has been the subject of several research reports. Royal Bank of Canada increased their price objective on shares of Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Piper Sandler reissued an “overweight” rating and set a $455.00 price objective on shares of Microsoft in a research report on Thursday, January 25th. UBS Group reissued a “buy” rating and set a $480.00 price objective on shares of Microsoft in a research report on Wednesday, April 10th. KeyCorp initiated coverage on shares of Microsoft in a report on Thursday, March 21st. They set an “overweight” rating and a $490.00 target price for the company. Finally, BMO Capital Markets increased their target price on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. Four analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average target price of $431.03.

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.