Reik & CO. LLC Reduces Stake in Microsoft Co. (NASDAQ:MSFT)

Reik & CO. LLC lowered its position in shares of Microsoft Co. (NASDAQ:MSFT) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,592 shares of the software giant’s stock after selling 940 shares during the period. Microsoft makes up approximately 1.5% of Reik & CO. LLC’s portfolio, making the stock its 10th largest position. Reik & CO. LLC’s holdings in Microsoft were worth $5,487,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Sicart Associates LLC boosted its stake in Microsoft by 2.9% in the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock worth $348,000 after purchasing an additional 26 shares during the period. Capital Wealth Management LLC lifted its holdings in shares of Microsoft by 1.7% in the fourth quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock worth $599,000 after buying an additional 26 shares in the last quarter. Mayfair Advisory Group LLC boosted its position in shares of Microsoft by 0.7% during the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after acquiring an additional 27 shares during the last quarter. Triton Wealth Management PLLC grew its stake in Microsoft by 0.5% during the fourth quarter. Triton Wealth Management PLLC now owns 5,864 shares of the software giant’s stock valued at $2,167,000 after acquiring an additional 28 shares in the last quarter. Finally, O Connor Financial Group LLC increased its holdings in Microsoft by 1.4% in the 3rd quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after acquiring an additional 31 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein raised their price objective on Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. UBS Group reaffirmed a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research note on Wednesday, April 10th. Citigroup lowered their target price on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. JPMorgan Chase & Co. boosted their price target on shares of Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Finally, DA Davidson reiterated a “buy” rating and set a $500.00 price objective on shares of Microsoft in a research report on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $452.61.

Microsoft Stock Performance

Microsoft stock opened at $406.66 on Friday. Microsoft Co. has a fifty-two week low of $303.40 and a fifty-two week high of $430.82. The company has a market capitalization of $3.02 trillion, a PE ratio of 35.21, a P/E/G ratio of 2.10 and a beta of 0.89. The company has a 50 day moving average price of $413.68 and a 200-day moving average price of $390.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. During the same period in the previous year, the company posted $2.45 EPS. Microsoft’s revenue was up 17.0% on a year-over-year basis. As a group, equities analysts forecast that Microsoft Co. will post 11.76 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is 25.97%.

Insider Buying and Selling at Microsoft

In other news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,025,258 shares of company stock valued at $12,160,356. Company insiders own 0.03% of the company’s stock.

Microsoft Company 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.