Microsoft Co. (NASDAQ:MSFT) is WD Rutherford LLC’s 2nd Largest Position

WD Rutherford LLC lowered its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,221 shares of the software giant’s stock after selling 299 shares during the period. Microsoft makes up approximately 4.3% of WD Rutherford LLC’s investment portfolio, making the stock its 2nd biggest position. WD Rutherford LLC’s holdings in Microsoft were worth $7,225,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Geneva Partners LLC boosted its position in shares of Microsoft by 2.1% during the third quarter. Geneva Partners LLC now owns 18,855 shares of the software giant’s stock valued at $5,953,000 after buying an additional 388 shares during the period. E&G Advisors LP boosted its position in shares of Microsoft by 3.6% during the third quarter. E&G Advisors LP now owns 12,047 shares of the software giant’s stock valued at $3,804,000 after buying an additional 420 shares during the period. Sage Mountain Advisors LLC boosted its position in shares of Microsoft by 5.1% during the third quarter. Sage Mountain Advisors LLC now owns 45,448 shares of the software giant’s stock valued at $14,350,000 after buying an additional 2,216 shares during the period. AM Investment Strategies LLC boosted its position in shares of Microsoft by 0.3% during the third quarter. AM Investment Strategies LLC now owns 15,907 shares of the software giant’s stock valued at $5,023,000 after buying an additional 43 shares during the period. Finally, BNC Wealth Management LLC boosted its position in shares of Microsoft by 0.8% during the third quarter. BNC Wealth Management LLC now owns 30,209 shares of the software giant’s stock valued at $9,539,000 after buying an additional 238 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction 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 sale, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction 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 directly owns 159,764 shares in the company, valued at $64,538,265.44. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $430.16 on Tuesday. The firm’s fifty day simple moving average is $416.61 and its two-hundred day simple moving average is $399.67. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $433.60. The firm has a market capitalization of $3.20 trillion, a P/E ratio of 37.24, a P/E/G ratio of 2.27 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.45 earnings per share. Analysts forecast that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Analyst Ratings Changes

MSFT has been the subject of several recent analyst reports. Raymond James restated an “outperform” rating and set a $480.00 target price (up previously from $450.00) on shares of Microsoft in a research report on Friday, April 26th. Morgan Stanley boosted their target price on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. BMO Capital Markets boosted their target price on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 12th. Jefferies Financial Group lifted their price target on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Finally, DA Davidson reaffirmed a “buy” rating and set a $500.00 price target on shares of Microsoft in a research note on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $454.70.

Check Out Our Latest Report 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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