Cherry Tree Wealth Management LLC Sells 52 Shares of Microsoft Co. (NASDAQ:MSFT)

Cherry Tree Wealth Management LLC lowered its stake in Microsoft Co. (NASDAQ:MSFT) by 0.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,850 shares of the software giant’s stock after selling 52 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Microsoft were worth $3,309,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft in the 4th quarter worth approximately $38,000. IFS Advisors LLC boosted its position in Microsoft by 53.8% in 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 grew its stake in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft during the 4th quarter worth $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Trading Down 0.2 %

NASDAQ:MSFT opened at $391.16 on Tuesday. The stock has a market cap of $2.91 trillion, a price-to-earnings ratio of 31.49, a PEG ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company’s 50 day moving average price is $384.46 and its 200-day moving average price is $411.17. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate 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 prior year, the business posted $2.93 EPS. On average, equities research analysts forecast 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. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Analyst Ratings Changes

Several brokerages have commented on MSFT. BMO Capital Markets lowered their price objective on shares of Microsoft from $490.00 to $470.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 16th. UBS Group reduced their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Monday, April 14th. Wedbush cut their price objective on shares of Microsoft from $550.00 to $475.00 and set an “outperform” rating for the company in a research report on Thursday, April 10th. Bank of America cut their price target on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. Finally, Barclays lowered their price objective on Microsoft from $475.00 to $430.00 and set an “overweight” rating on the stock in a research report on Monday, April 21st. Five analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $493.89.

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.