Microsoft Co. (NASDAQ:MSFT) Holdings Cut by Compass Capital Management Inc.

Compass Capital Management Inc. cut its holdings in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 4.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 186,482 shares of the software giant’s stock after selling 9,648 shares during the quarter. Microsoft accounts for 4.6% of Compass Capital Management Inc.’s investment portfolio, making the stock its largest position. Compass Capital Management Inc.’s holdings in Microsoft were worth $58,882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Microsoft by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 634,238,715 shares of the software giant’s stock valued at $147,714,197,000 after buying an additional 6,129,708 shares in the last quarter. State Street Corp raised its stake in shares of Microsoft by 0.7% during the third quarter. State Street Corp now owns 295,509,547 shares of the software giant’s stock worth $68,824,173,000 after purchasing an additional 1,951,554 shares during the last quarter. FMR LLC raised its stake in shares of Microsoft by 0.8% during the first quarter. FMR LLC now owns 200,523,373 shares of the software giant’s stock worth $57,810,889,000 after purchasing an additional 1,537,712 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Microsoft by 0.3% during the second quarter. Price T Rowe Associates Inc. MD now owns 195,859,819 shares of the software giant’s stock worth $50,302,677,000 after purchasing an additional 556,020 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC raised its position in Microsoft by 112,158.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock worth $36,017,948,000 after acquiring an additional 150,053,637 shares in the last quarter. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $414.05 on Thursday. The firm has a market cap of $3.08 trillion, a price-to-earnings ratio of 37.44, a PEG ratio of 2.16 and a beta of 0.90. The stock has a 50 day moving average of $383.76 and a 200-day moving average of $353.22. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. Microsoft Co. has a 52 week low of $245.61 and a 52 week high of $415.32.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its earnings results on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, topping the consensus estimate of $2.76 by $0.17. The company had revenue of $62.02 billion during the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The business’s revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.32 EPS. As a group, analysts forecast that Microsoft Co. will post 11.6 EPS for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 15th will be given a $0.75 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $3.00 annualized dividend and a dividend yield of 0.72%. Microsoft’s payout ratio is 27.12%.

Insider Transactions at Microsoft

In related news, EVP Kathleen T. Hogan sold 24,681 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the completion of the transaction, the executive vice president now owns 183,761 shares in the company, valued at approximately $67,807,809. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Kathleen T. Hogan sold 24,681 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the completion of the transaction, the executive vice president now owns 183,761 shares in the company, valued at approximately $67,807,809. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the transaction, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. In the last quarter, insiders sold 72,984 shares of company stock worth $28,978,803. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Raymond James increased their price objective on Microsoft from $400.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Macquarie raised their price target on Microsoft from $430.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st. Piper Sandler reissued an “overweight” rating and issued a $455.00 price target on shares of Microsoft in a research note on Thursday, January 25th. Wedbush reissued an “outperform” rating and issued a $450.00 price target on shares of Microsoft in a research note on Monday, January 29th. Finally, Rosenblatt Securities raised their price target on Microsoft from $370.00 to $375.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $411.06.

Get Our Latest Stock Analysis on MSFT

About Microsoft

(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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