Microsoft Co. (NASDAQ:MSFT) Shares Sold by Chapman Investment Management LLC

Chapman Investment Management LLC cut its stake in Microsoft Co. (NASDAQ:MSFT) by 0.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,684 shares of the software giant’s stock after selling 28 shares during the quarter. Microsoft makes up 9.3% of Chapman Investment Management LLC’s portfolio, making the stock its 2nd biggest holding. Chapman Investment Management LLC’s holdings in Microsoft were worth $12,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of MSFT. BCK Partners Inc. increased its holdings in Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares during the period. Muirfield Wealth Advisors LLC increased its stake in Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC grew its stake in shares of Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock valued at $443,000 after purchasing an additional 24 shares during the period. Sequent Asset Management LLC raised its stake in Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after acquiring an additional 25 shares in the last quarter. Finally, Cypress Point Wealth Management LLC increased its position in shares of Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MSFT shares. Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Bank of America reduced their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Stifel Nicolaus lowered their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday, March 7th. Wells Fargo & Company reduced their price objective on Microsoft from $515.00 to $500.00 and set an “overweight” rating on the stock in a report on Monday, April 14th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $497.63.

Microsoft Trading Up 2.1 %

NASDAQ MSFT opened at $366.82 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock’s 50-day moving average is $386.38 and its 200-day moving average is $411.95. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The firm has a market cap of $2.73 trillion, a P/E ratio of 29.53, a P/E/G ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the company posted $2.93 EPS. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is presently 26.73%.

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.