Microsoft Co. (NASDAQ:MSFT) Shares Sold by Ycg LLC

Ycg LLC lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 245,584 shares of the software giant’s stock after selling 386 shares during the quarter. Microsoft makes up approximately 7.6% of Ycg LLC’s holdings, making the stock its largest position. Ycg LLC’s holdings in Microsoft were worth $92,349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Iron Horse Wealth Management LLC boosted its position in Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after acquiring an additional 105 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in shares of Microsoft in the 3rd quarter worth $87,000. Cordant Inc. raised its stake in shares of Microsoft by 647.8% in the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after buying an additional 298 shares in the last quarter. Family CFO Inc raised its stake in shares of Microsoft by 13.6% in the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after buying an additional 43 shares in the last quarter. Finally, Life Planning Partners Inc bought a new stake in shares of Microsoft in the 4th quarter worth $146,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $412.32 on Friday. Microsoft Co. has a twelve month low of $306.26 and a twelve month high of $430.82. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The stock has a market capitalization of $3.06 trillion, a PE ratio of 35.70, a P/E/G ratio of 2.15 and a beta of 0.89. The stock has a 50-day simple moving average of $413.90 and a 200 day simple moving average of $392.17.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $60.86 billion. During the same quarter in the previous year, the firm earned $2.45 EPS. The firm’s revenue was up 17.0% compared to the same quarter last year. Research analysts anticipate that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 annualized dividend and a yield of 0.73%. Microsoft’s dividend payout ratio (DPR) is 25.97%.

Analysts Set New Price Targets

A number of analysts have recently commented on MSFT shares. BMO Capital Markets boosted their price objective on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. UBS Group reissued a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research note on Wednesday, April 10th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 target price on the stock in a research report on Thursday, January 18th. Finally, Barclays boosted their target price on Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

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.