Microsoft Corporation (NASDAQ:MSFT) Position Decreased by Wilsey Asset Management Inc.

Wilsey Asset Management Inc. lowered its holdings in Microsoft Corporation (NASDAQ:MSFT) by 0.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,375 shares of the software giant’s stock after selling 54 shares during the quarter. Microsoft accounts for about 8.4% of Wilsey Asset Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Wilsey Asset Management Inc.’s holdings in Microsoft were worth $41,809,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Microsoft by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant’s stock valued at $288,336,224,000 after acquiring an additional 10,431,988 shares during the period. Geode Capital Management LLC grew its stake in shares of Microsoft by 1.9% during 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 purchasing an additional 3,103,212 shares in the last quarter. Norges Bank purchased a new stake in shares of Microsoft in the fourth quarter valued at about $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 increased its holdings in Microsoft by 9.8% in the fourth 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 valued at $25,273,704,000 after buying an additional 5,370,546 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

MSFT opened at $511.70 on Friday. The company has a fifty day simple moving average of $476.35 and a 200 day simple moving average of $427.88. The stock has a market cap of $3.80 trillion, a P/E ratio of 39.54, a P/E/G ratio of 2.30 and a beta of 1.04. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $513.37.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. During the same period last year, the firm earned $2.94 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, research analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft’s payout ratio is presently 25.66%.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction 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 owned 471,036 shares of the company’s stock, valued at $204,038,664.12. This trade represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the transaction, the executive vice president directly owned 43,100 shares of the company’s stock, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 in the last ninety days. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MSFT. Wall Street Zen downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Monday, June 30th. Westpark Capital reissued a “hold” rating on shares of Microsoft in a research report on Thursday, May 1st. Needham & Company LLC reaffirmed a “buy” rating on shares of Microsoft in a report on Thursday, May 1st. TD Securities boosted their price target on shares of Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. Finally, Stifel Nicolaus increased their price objective on shares of Microsoft from $475.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $538.04.

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.