Microsoft Co. (NASDAQ:MSFT) is Truxt Investmentos Ltda.’s 6th Largest Position

Truxt Investmentos Ltda. lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 70.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,572 shares of the software giant’s stock after selling 18,284 shares during the quarter. Microsoft accounts for 5.2% of Truxt Investmentos Ltda.’s portfolio, making the stock its 6th biggest holding. Truxt Investmentos Ltda.’s holdings in Microsoft were worth $3,217,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Maytree Asset Management Ltd bought a new stake in Microsoft during the 4th quarter valued at $969,000. Hardy Reed LLC increased its holdings in Microsoft by 2.9% in the 4th quarter. Hardy Reed LLC now owns 27,504 shares of the software giant’s stock worth $11,593,000 after buying an additional 763 shares during the period. Advyzon Investment Management LLC purchased a new stake in Microsoft in the fourth quarter valued at $3,386,000. Handelsbanken Fonder AB lifted its holdings in Microsoft by 7.5% in the fourth quarter. Handelsbanken Fonder AB now owns 3,603,020 shares of the software giant’s stock valued at $1,518,673,000 after acquiring an additional 251,800 shares during the period. Finally, Mcdaniel Terry & Co. grew its position in Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock valued at $133,023,000 after buying an additional 18,052 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 3.4 %

Microsoft stock opened at $387.30 on Friday. The stock has a market cap of $2.88 trillion, a PE ratio of 31.18, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The stock has a 50-day moving average price of $385.28 and a 200 day moving average price of $411.53.

Microsoft (NASDAQ:MSFT) last issued its quarterly 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 last year, the business earned $2.93 earnings per share. Equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.86%. Microsoft’s dividend payout ratio is currently 26.73%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MSFT. Jefferies Financial Group reiterated a “buy” rating and issued a $475.00 target price (down previously from $500.00) on shares of Microsoft in a research report on Monday, April 7th. Mizuho lowered their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. KeyCorp reiterated a “sector weight” rating on shares of Microsoft in a report on Thursday, April 17th. Finally, UBS Group dropped their price target on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $493.13.

About Microsoft

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.