Microsoft Corporation $MSFT Stock Holdings Trimmed by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton lowered its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 1.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,582 shares of the software giant’s stock after selling 141 shares during the period. Microsoft makes up 0.7% of Rosenberg Matthew Hamilton’s holdings, making the stock its 20th largest position. Rosenberg Matthew Hamilton’s holdings in Microsoft were worth $2,846,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Newton One Investments LLC raised its stake in Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock valued at $28,000 after acquiring an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. acquired a new position in shares of Microsoft during the 4th quarter valued at $31,000. LSV Asset Management acquired a new position in shares of Microsoft during the 4th quarter valued at $44,000. IFS Advisors LLC increased its position in shares of Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock valued at $57,000 after purchasing an additional 50 shares during the period. Finally, Fairway Wealth LLC acquired a new position in shares of Microsoft during the 4th quarter valued at $62,000. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the sale, the executive vice president owned 39,111 shares of the company’s stock, valued at $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the sale, the executive vice president directly owned 134,888 shares of the company’s stock, valued at $61,208,127.76. This represents a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 30,350 shares of company stock valued at $14,162,567 in the last ninety days. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

MSFT opened at $517.10 on Tuesday. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45. The stock has a fifty day moving average price of $503.49 and a 200 day moving average price of $441.90. The stock has a market cap of $3.84 trillion, a price-to-earnings ratio of 37.91, a PEG ratio of 2.28 and a beta of 1.06. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping analysts’ consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The company had revenue of $76.44 billion during the quarter, compared to analysts’ expectations of $73.79 billion. During the same quarter in the previous year, the firm earned $2.95 earnings per share. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. Analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft’s payout ratio is currently 24.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MSFT shares. Mizuho lifted their price target on Microsoft from $540.00 to $625.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. TD Cowen lifted their price target on Microsoft from $580.00 to $640.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Oppenheimer lifted their price target on Microsoft from $600.00 to $630.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Wall Street Zen upgraded Microsoft from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Truist Financial set a $675.00 target price on Microsoft and gave the stock a “buy” rating in a report on Monday. Two 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 price target of $612.54.

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.