Microsoft Co. (NASDAQ:MSFT) is Bcwm LLC’s 10th Largest Position

Bcwm LLC decreased its stake in Microsoft Co. (NASDAQ:MSFT) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,489 shares of the software giant’s stock after selling 273 shares during the quarter. Microsoft comprises 3.1% of Bcwm LLC’s portfolio, making the stock its 10th biggest holding. Bcwm LLC’s holdings in Microsoft were worth $8,710,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Microsoft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock worth $281,035,506,000 after acquiring an additional 3,078,099 shares during the last quarter. Capital International Investors raised its position in Microsoft by 1.0% during the 1st quarter. Capital International Investors now owns 83,571,070 shares of the software giant’s stock valued at $35,160,020,000 after purchasing an additional 842,884 shares in the last quarter. Rhumbline Advisers raised its position in shares of Microsoft by 0.3% in the 2nd quarter. Rhumbline Advisers now owns 14,738,956 shares of the software giant’s stock worth $6,587,576,000 after acquiring an additional 45,220 shares in the last quarter. Swedbank AB raised its position in shares of Microsoft by 2.7% in the 2nd quarter. Swedbank AB now owns 13,640,068 shares of the software giant’s stock worth $6,096,428,000 after acquiring an additional 360,171 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Microsoft by 15.6% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,931,721 shares of the software giant’s stock worth $5,019,942,000 after acquiring an additional 1,613,050 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $410.37 on Friday. The stock’s 50 day moving average is $420.69 and its two-hundred day moving average is $424.55. Microsoft Co. has a twelve month low of $344.77 and a twelve month high of $468.35. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $3.05 trillion, a PE ratio of 33.86, a P/E/G ratio of 2.27 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.22. Microsoft had a return on equity of 35.73% and a net margin of 35.61%. The company had revenue of $65.59 billion during the quarter, compared to the consensus estimate of $64.57 billion. During the same period in the previous year, the firm posted $2.99 EPS. Microsoft’s revenue was up 16.0% on a year-over-year basis. Research analysts anticipate that Microsoft Co. will post 13.02 earnings per share for the current year.

Microsoft announced that its board has initiated a stock repurchase plan on Monday, September 16th that allows the company to repurchase $60.00 billion in shares. This repurchase authorization allows the software giant to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. This is a boost from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, November 21st. Microsoft’s dividend payout ratio is 24.75%.

Insiders Place Their Bets

In other news, CEO Satya Nadella sold 78,353 shares of the company’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total value of $32,017,386.39. Following the sale, the chief executive officer now owns 864,327 shares in the company, valued at approximately $353,189,942.01. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, EVP Kathleen T. Hogan sold 17,378 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $411.85, for a total transaction of $7,157,129.30. Following the transaction, the executive vice president now owns 150,161 shares in the company, valued at $61,843,807.85. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satya Nadella sold 78,353 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total transaction of $32,017,386.39. Following the completion of the transaction, the chief executive officer now directly owns 864,327 shares of the company’s stock, valued at $353,189,942.01. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 190,629 shares of company stock worth $77,916,485 in the last quarter. 0.03% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have weighed in on the company. BMO Capital Markets dropped their price target on Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research note on Thursday. TD Cowen reduced their target price on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a report on Thursday. Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a research report on Friday, October 18th. Truist Financial reiterated a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a research report on Monday, October 28th. Finally, Bank of America raised their price target on Microsoft from $480.00 to $510.00 and gave the stock a “buy” rating in a research report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $503.03.

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.