Microsoft Co. (NASDAQ:MSFT) Stake Decreased by Nordwand Advisors LLC

Nordwand Advisors LLC lessened its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 12.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 37,101 shares of the software giant’s stock after selling 5,115 shares during the period. Microsoft accounts for approximately 2.3% of Nordwand Advisors LLC’s holdings, making the stock its 4th biggest position. Nordwand Advisors LLC’s holdings in Microsoft were worth $11,715,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of MSFT. Monumental Financial Group Inc. bought a new position in shares of Microsoft during the first quarter valued at approximately $28,000. Atlantic Private Wealth LLC grew its stake in shares of Microsoft by 534.5% during the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after buying an additional 155 shares during the last quarter. Hibernia Wealth Partners LLC purchased a new stake in shares of Microsoft in the third quarter valued at approximately $69,000. Iron Horse Wealth Management LLC boosted its holdings in shares of Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after purchasing an additional 105 shares during the period. Finally, MayTech Global Investments LLC purchased a new stake in shares of Microsoft in the fourth quarter valued at approximately $83,000. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Microsoft Trading Down 0.0 %

Shares of MSFT stock opened at $405.49 on Wednesday. Microsoft Co. has a 52-week low of $245.61 and a 52-week high of $415.32. The stock has a market cap of $3.01 trillion, a price-to-earnings ratio of 36.66, a P/E/G ratio of 2.19 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. The firm has a fifty day moving average of $383.06 and a 200-day moving average of $352.79.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The business had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. During the same quarter in the prior year, the firm earned $2.32 EPS. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. On average, equities research analysts forecast that Microsoft Co. will post 11.6 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 15th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is presently 27.12%.

Insider Activity

In other news, EVP Kathleen T. Hogan sold 24,681 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $369.00, for a total value of $9,107,289.00. Following the transaction, the executive vice president now owns 183,761 shares of the company’s stock, valued at approximately $67,807,809. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Microsoft news, EVP Kathleen T. Hogan sold 24,681 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the sale, the executive vice president now directly owns 183,761 shares in the company, valued at approximately $67,807,809. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the sale, the insider now owns 570,826 shares in the company, valued at $231,823,855.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 72,984 shares of company stock valued at $28,978,803. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSFT has been the subject of a number of analyst reports. Raymond James upped their target price on Microsoft from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Wednesday, January 31st. Truist Financial restated a “buy” rating on shares of Microsoft in a report on Tuesday, January 23rd. Macquarie upped their price target on Microsoft from $430.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Piper Sandler reaffirmed an “overweight” rating and set a $455.00 price target on shares of Microsoft in a research report on Thursday, January 25th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $410.00 price target on shares of Microsoft in a research report on Wednesday, October 25th. Four equities research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus target price of $411.06.

Check Out Our Latest Stock Analysis on MSFT

Microsoft Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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