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

RW Investment Management LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,748 shares of the software giant’s stock after selling 209 shares during the period. Microsoft comprises about 0.6% of RW Investment Management LLC’s investment portfolio, making the stock its 15th largest position. RW Investment Management LLC’s holdings in Microsoft were worth $4,530,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Fiduciary Advisors Inc. acquired a new stake in Microsoft during the 4th quarter worth approximately $38,000. IFS Advisors LLC lifted its position in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management raised its holdings in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft in the 4th quarter valued at about $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wells Fargo & Company decreased their price target on Microsoft from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. UBS Group decreased their price objective on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Mizuho lowered their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a report on Wednesday. Finally, Scotiabank started coverage on Microsoft in a research report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. Five research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $493.13.

Microsoft Trading Up 3.4 %

NASDAQ:MSFT opened at $387.30 on Friday. The firm has a market capitalization of $2.88 trillion, a price-to-earnings ratio of 31.18, a PEG ratio of 2.21 and a beta of 1.00. The business’s 50-day moving average price is $385.28 and its two-hundred day moving average price is $411.53. 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 1-year low of $344.79 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the business posted $2.93 earnings per share. On average, equities analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.86%. Microsoft’s payout ratio is currently 26.73%.

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.