Microsoft Co. (NASDAQ:MSFT) Stock Holdings Trimmed by Oxinas Partners Wealth Management LLC

Oxinas Partners Wealth Management LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT) by 23.9% during the fourth quarter, HoldingsChannel reports. The firm owned 11,427 shares of the software giant’s stock after selling 3,590 shares during the period. Microsoft comprises about 3.0% of Oxinas Partners Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Oxinas Partners Wealth Management LLC’s holdings in Microsoft were worth $4,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in MSFT. Moneta Group Investment Advisors LLC increased its holdings in shares of Microsoft by 112,158.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock worth $36,017,948,000 after buying an additional 150,053,637 shares during the last quarter. Norges Bank acquired a new stake in shares of Microsoft during the 4th quarter worth approximately $20,700,525,000. Aaron Wealth Advisors LLC increased its holdings in shares of Microsoft by 35,465.9% during the 1st quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after buying an additional 20,553,188 shares during the last quarter. Morgan Stanley increased its holdings in shares of Microsoft by 14.0% during the 4th quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock worth $28,638,815,000 after buying an additional 14,652,150 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Microsoft by 348.6% during the 2nd quarter. Osaic Holdings Inc. now owns 11,998,927 shares of the software giant’s stock worth $894,426,000 after buying an additional 9,324,182 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction on 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 transaction, the insider now directly owns 574,129 shares in the company, valued at $236,414,839.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the transaction, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is owned by company insiders.

Microsoft Price Performance

Shares of MSFT opened at $399.12 on Friday. Microsoft Co. has a 1-year low of $275.37 and a 1-year high of $430.82. The stock has a market cap of $2.97 trillion, a PE ratio of 36.09, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. 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 firm has a fifty day moving average price of $414.86 and a 200 day moving average price of $384.83.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. The company had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. Microsoft’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.32 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Dividend Announcement

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

Wall Street Analysts Forecast Growth

MSFT has been the subject of several research reports. BMO Capital Markets lifted their target price on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. Wells Fargo & Company lifted their target price on shares of Microsoft from $460.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday. Piper Sandler reiterated an “overweight” rating and issued a $455.00 target price on shares of Microsoft in a report on Thursday, January 25th. UBS Group reiterated a “buy” rating and issued a $480.00 target price on shares of Microsoft in a report on Wednesday, April 10th. Finally, Barclays lifted their target price on shares of Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. Four equities research analysts have rated the stock with a hold rating and thirty-five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $432.13.

Microsoft 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.