Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Has $27.36 Million Position in Microsoft Co. (NASDAQ:MSFT)

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lessened its holdings in Microsoft Co. (NASDAQ:MSFT) by 15.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,815 shares of the software giant’s stock after selling 13,784 shares during the period. Microsoft comprises approximately 1.9% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s portfolio, making the stock its 12th biggest position. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Microsoft were worth $27,359,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Iron Horse Wealth Management LLC boosted its stake in shares of Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after buying an additional 105 shares during the period. Authentikos Wealth Advisory LLC purchased a new stake in shares of Microsoft during the third quarter worth $87,000. Family CFO Inc boosted its position in Microsoft by 13.6% during the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after purchasing an additional 43 shares during the last quarter. Cordant Inc. grew its stake in Microsoft by 647.8% in the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after purchasing an additional 298 shares in the last quarter. Finally, Life Planning Partners Inc acquired a new position in Microsoft in the 4th quarter worth about $146,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent research reports. Evercore ISI boosted their price target on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday. BMO Capital Markets boosted their target price on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 12th. Raymond James restated an “outperform” rating and set a $480.00 price target (up previously from $450.00) on shares of Microsoft in a report on Friday. JPMorgan Chase & Co. increased their target price on shares of Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Sanford C. Bernstein boosted their price target on Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $452.61.

Insider Buying and Selling

In other news, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the transaction, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Bradford L. Smith sold 45,000 shares of the 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 transaction, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now directly owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The disclosure for this sale can be found here. Insiders sold a total of 1,070,258 shares of company stock worth $30,690,456 over the last three months. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Up 1.8 %

Shares of MSFT opened at $406.32 on Friday. Microsoft Co. has a 12 month low of $295.25 and a 12 month high of $430.82. The stock has a market cap of $3.02 trillion, a price-to-earnings ratio of 36.74, a P/E/G ratio of 2.22 and a beta of 0.89. The company has a 50-day moving average price of $414.48 and a two-hundred day moving average price of $387.70. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The company had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business’s revenue was up 17.0% on a year-over-year basis. During the same period last year, the business earned $2.45 earnings per share. Equities analysts predict that Microsoft Co. will post 11.61 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is currently 27.12%.

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.