Microsoft Corporation (NASDAQ:MSFT) is Shufro Rose & Co. LLC’s 4th Largest Position

Shufro Rose & Co. LLC decreased its holdings in Microsoft Corporation (NASDAQ:MSFT) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 112,171 shares of the software giant’s stock after selling 2,019 shares during the quarter. Microsoft accounts for about 3.7% of Shufro Rose & Co. LLC’s holdings, making the stock its 4th biggest holding. Shufro Rose & Co. LLC’s holdings in Microsoft were worth $47,280,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MSFT. Vanguard Group Inc. lifted its stake in Microsoft by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant’s stock worth $288,336,224,000 after acquiring an additional 10,431,988 shares during the last quarter. Geode Capital Management LLC lifted its stake in Microsoft by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant’s stock worth $70,720,874,000 after acquiring an additional 3,103,212 shares during the last quarter. Norges Bank purchased a new position in Microsoft in the fourth quarter worth approximately $44,343,058,000. Northern Trust Corp raised its holdings in Microsoft by 16.1% during the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant’s stock worth $35,316,535,000 after purchasing an additional 11,600,470 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Microsoft by 9.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant’s stock worth $25,273,704,000 after buying an additional 5,370,546 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 135,743 shares of company stock worth $60,224,683. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $477.40 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The stock has a market capitalization of $3.55 trillion, a P/E ratio of 36.89, a P/E/G ratio of 2.44 and a beta of 1.03. The company’s fifty day moving average is $437.84 and its two-hundred day moving average is $420.47. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $483.46.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 35.79% and a return on equity of 32.74%. Microsoft’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.94 EPS. On average, sell-side analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.70%. Microsoft’s dividend payout ratio is currently 25.66%.

Analyst Ratings Changes

MSFT has been the subject of several recent analyst reports. Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Thursday, May 1st. Benchmark restated a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Wells Fargo & Company restated an “overweight” rating and set a $565.00 price objective (up previously from $515.00) on shares of Microsoft in a research report on Friday, June 13th. Tigress Financial boosted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research report on Thursday, March 20th. Finally, Citigroup boosted their price objective on shares of Microsoft from $540.00 to $605.00 and gave the stock a “buy” rating in a research report on Wednesday, June 11th. Five investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $515.68.

Microsoft Company 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.