Massachusetts Financial Services Co. MA Has $14.06 Billion Stake in Microsoft Co. (NASDAQ:MSFT)

Massachusetts Financial Services Co. MA cut its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,401,359 shares of the software giant’s stock after selling 1,136,911 shares during the period. Microsoft accounts for approximately 4.5% of Massachusetts Financial Services Co. MA’s investment portfolio, making the stock its largest holding. Massachusetts Financial Services Co. MA owned 0.50% of Microsoft worth $14,064,407,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Friedenthal Financial acquired a new position in shares of Microsoft during the fourth quarter valued at $45,000. PayPay Securities Corp lifted its holdings in Microsoft by 23.7% in the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after acquiring an additional 36 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of Microsoft during the 3rd quarter valued at about $87,000. Kathleen S. Wright Associates Inc. raised its holdings in shares of Microsoft by 160.7% in the 4th quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after purchasing an additional 143 shares in the last quarter. Finally, Family CFO Inc raised its holdings in shares of Microsoft by 13.6% in the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after purchasing an additional 43 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $424.01 on Thursday. The business’s 50-day simple moving average is $416.06 and its 200-day simple moving average is $401.91. Microsoft Co. has a 52 week low of $309.45 and a 52 week high of $433.60. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The firm has a market cap of $3.15 trillion, a price-to-earnings ratio of 36.71, a P/E/G ratio of 2.18 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The company 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 company’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.45 earnings per share. As a group, equities research analysts expect that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders 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 yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is 25.97%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. BMO Capital Markets upped their price target on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 12th. Raymond James reaffirmed an “outperform” rating and set a $480.00 target price (up from $450.00) on shares of Microsoft in a research report on Friday, April 26th. Macquarie increased their price target on Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a research report on Friday, May 17th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Friday, May 24th. Finally, Citigroup decreased their target price on shares of Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Three research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $457.91.

Get Our Latest Stock Analysis on MSFT

Insider Activity

In related news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of the 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 of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,521 shares of company stock valued at $19,746,476. 0.03% of the stock is owned by insiders.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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