Lindenwold Advisors INC Cuts Position in Microsoft Co. (NASDAQ:MSFT)

Lindenwold Advisors INC lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 1.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,224 shares of the software giant’s stock after selling 266 shares during the period. Microsoft accounts for 4.3% of Lindenwold Advisors INC’s portfolio, making the stock its 4th biggest holding. Lindenwold Advisors INC’s holdings in Microsoft were worth $8,103,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC raised its stake in shares of Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after acquiring an additional 130 shares in the last quarter. Mcdaniel Terry & Co. grew its stake in Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock worth $133,023,000 after buying an additional 18,052 shares during the last quarter. Centric Wealth Management raised its stake in shares of Microsoft by 0.7% in the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant’s stock worth $6,789,000 after acquiring an additional 112 shares during the last quarter. 1900 Wealth Management LLC lifted its stake in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant’s stock valued at $4,274,000 after acquiring an additional 294 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in Microsoft by 2.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant’s stock valued at $3,980,299,000 after purchasing an additional 217,509 shares during the period. 71.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Benchmark restated a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Wells Fargo & Company boosted their price target on shares of Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. Barclays boosted their price objective on shares of Microsoft from $430.00 to $494.00 and gave the stock an “overweight” rating in a research note on Thursday, May 1st. Westpark Capital reiterated a “hold” rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Scotiabank lifted their price target on Microsoft from $470.00 to $500.00 and gave the stock a “sector outperform” rating in a report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $513.13.

Microsoft Stock Performance

Microsoft stock opened at $450.18 on Tuesday. The firm has a fifty day simple moving average of $403.62 and a two-hundred day simple moving average of $414.03. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The company has a market capitalization of $3.35 trillion, a PE ratio of 36.25, a P/E/G ratio of 2.21 and a beta of 0.99. 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 (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) 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 the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.94 EPS. Research analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 25.66%.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares of the company’s stock, valued at $19,481,631. The trade was a 23.50% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 131,743 shares of company stock worth $58,375,673. Corporate insiders own 0.03% of the company’s stock.

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.