Cumberland Partners Ltd Has $86.15 Million Holdings in Microsoft Corporation $MSFT

Cumberland Partners Ltd lessened its stake in Microsoft Corporation (NASDAQ:MSFT) by 1.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 173,204 shares of the software giant’s stock after selling 2,063 shares during the quarter. Microsoft makes up approximately 6.0% of Cumberland Partners Ltd’s portfolio, making the stock its biggest holding. Cumberland Partners Ltd’s holdings in Microsoft were worth $86,153,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. BWM Planning LLC increased its position in Microsoft by 5.4% in the second quarter. BWM Planning LLC now owns 2,092 shares of the software giant’s stock worth $1,041,000 after buying an additional 107 shares during the last quarter. Telligent Fund LP grew its stake in shares of Microsoft by 60.0% during the 2nd quarter. Telligent Fund LP now owns 12,000 shares of the software giant’s stock worth $5,969,000 after acquiring an additional 4,500 shares during the period. Lionshead Wealth Management LLC increased its holdings in Microsoft by 5.3% in the 2nd quarter. Lionshead Wealth Management LLC now owns 2,963 shares of the software giant’s stock worth $1,474,000 after acquiring an additional 148 shares during the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co raised its stake in Microsoft by 3.3% in the 2nd quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 14,092 shares of the software giant’s stock valued at $7,347,000 after acquiring an additional 451 shares during the period. Finally, Winnow Wealth LLC purchased a new stake in Microsoft during the second quarter valued at about $337,000. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $492.02 on Wednesday. The company’s fifty day moving average price is $506.30 and its 200-day moving average price is $502.14. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.39. The firm has a market capitalization of $3.66 trillion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.84 and a beta of 1.07. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.65 by $0.48. The company had revenue of $77.67 billion during the quarter, compared to analyst estimates of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.30 earnings per share. On average, equities research analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be given a $0.91 dividend. The ex-dividend date is Thursday, February 19th. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. Microsoft’s payout ratio is presently 25.89%.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 38,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the completion of the sale, the insider owned 461,597 shares of the company’s stock, valued at $239,402,668.08. This represents a 7.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Judson Althoff sold 12,750 shares of Microsoft stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the transaction, the chief executive officer directly owned 129,349 shares in the company, valued at $63,577,620.48. This trade represents a 8.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,100 shares of company stock valued at $27,598,872 over the last quarter. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Microsoft from $625.00 to $650.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Jefferies Financial Group reiterated a “buy” rating and issued a $675.00 price objective on shares of Microsoft in a research note on Wednesday, December 3rd. Daiwa Capital Markets dropped their target price on Microsoft from $640.00 to $630.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Wells Fargo & Company raised their price target on Microsoft from $675.00 to $700.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Microsoft in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $632.34.

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.