Stableford Capital II LLC Sells 98 Shares of Microsoft Co. (NASDAQ:MSFT)

Stableford Capital II LLC cut its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,124 shares of the software giant’s stock after selling 98 shares during the quarter. Microsoft comprises about 2.3% of Stableford Capital II LLC’s holdings, making the stock its 11th largest position. Stableford Capital II LLC’s holdings in Microsoft were worth $4,959,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of MSFT. Capital Advantage Inc. boosted its stake in Microsoft by 1.1% during the third quarter. Capital Advantage Inc. now owns 17,116 shares of the software giant’s stock worth $5,405,000 after acquiring an additional 181 shares in the last quarter. Capital Insight Partners LLC boosted its stake in Microsoft by 7.3% during the third quarter. Capital Insight Partners LLC now owns 19,789 shares of the software giant’s stock worth $6,248,000 after acquiring an additional 1,349 shares in the last quarter. Safeguard Financial LLC boosted its stake in Microsoft by 81.3% during the third quarter. Safeguard Financial LLC now owns 4,961 shares of the software giant’s stock worth $1,567,000 after acquiring an additional 2,224 shares in the last quarter. Annapolis Financial Services LLC boosted its stake in Microsoft by 3.7% during the third quarter. Annapolis Financial Services LLC now owns 3,761 shares of the software giant’s stock worth $1,188,000 after acquiring an additional 135 shares in the last quarter. Finally, Sequent Asset Management LLC boosted its stake in Microsoft by 2.3% during the third quarter. Sequent Asset Management LLC now owns 2,198 shares of the software giant’s stock worth $694,000 after acquiring an additional 50 shares in the last quarter. 69.20% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

MSFT stock opened at $420.55 on Friday. The firm has a 50 day moving average of $385.39 and a 200-day moving average of $354.19. 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 12 month low of $245.61 and a 12 month high of $420.82. The firm has a market capitalization of $3.12 trillion, a P/E ratio of 38.02, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company had revenue of $62.02 billion during the quarter, compared to analyst estimates of $61.14 billion. During the same period last year, the business earned $2.32 earnings per share. Microsoft’s revenue was up 17.6% compared to the same quarter last year. As a group, sell-side analysts predict that Microsoft Co. will post 11.6 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $3.00 annualized dividend and a yield of 0.71%. Microsoft’s payout ratio is presently 27.12%.

Analyst Ratings Changes

Several research analysts recently issued reports on MSFT shares. Argus increased their target price on shares of Microsoft from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Tuesday, December 5th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Thursday, February 1st. BMO Capital Markets raised their price objective on shares of Microsoft from $420.00 to $455.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Truist Financial reaffirmed a “buy” rating on shares of Microsoft in a research note on Tuesday, January 23rd. Finally, Wedbush reaffirmed an “outperform” rating and issued a $450.00 price objective on shares of Microsoft in a research note on Monday, January 29th. 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $411.06.

Check Out Our Latest Analysis on MSFT

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 24,681 shares of Microsoft 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 completion of the sale, the executive vice president now directly owns 183,761 shares in the company, valued at $67,807,809. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, EVP Kathleen T. Hogan sold 24,681 shares of the business’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 value of $9,107,289.00. Following the completion of 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 document filed with the SEC, which is available at this hyperlink. Also, insider Bradford L. Smith sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the completion of the sale, the insider now owns 574,129 shares of the company’s stock, valued at $236,414,839.62. The disclosure for this sale can be found here. Insiders sold a total of 72,984 shares of company stock worth $28,978,803 over the last three months. 0.03% of the stock is owned by insiders.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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