Microsoft Co. (NASDAQ:MSFT) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,333 shares of the software giant’s stock after selling 3,119 shares during the period. Microsoft accounts for about 4.2% of Bryn Mawr Capital Management LLC’s portfolio, making the stock its 4th biggest position. Bryn Mawr Capital Management LLC’s holdings in Microsoft were worth $77,275,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new stake in Microsoft in the 4th quarter valued at about $38,000. IFS Advisors LLC grew its stake in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management increased 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 valued at $46,000 after acquiring an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the 3rd quarter worth $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter valued at $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $435.28 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock has a market cap of $3.24 trillion, a P/E ratio of 35.05, a PEG ratio of 2.21 and a beta of 1.00. The business’s 50-day moving average price is $384.93 and its two-hundred day moving average price is $411.12.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $2.94 EPS. As a group, equities analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Jefferies Financial Group upped their price objective on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday. Evercore ISI upped their target price on shares of Microsoft from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday. Morgan Stanley lifted their price target on Microsoft from $472.00 to $482.00 and gave the company an “overweight” rating in a research note on Thursday. Barclays boosted their price target on shares of Microsoft from $430.00 to $494.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, DA Davidson boosted their price objective on Microsoft from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday. Six analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $507.77.

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.