Shufro Rose & Co. LLC Sells 764 Shares of Microsoft Co. (NASDAQ:MSFT)

Shufro Rose & Co. LLC cut its holdings in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 124,382 shares of the software giant’s stock after selling 764 shares during the quarter. Microsoft makes up 4.2% of Shufro Rose & Co. LLC’s portfolio, making the stock its 3rd biggest position. Shufro Rose & Co. LLC’s holdings in Microsoft were worth $46,773,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in MSFT. Morris Financial Concepts Inc. increased its position in shares of Microsoft by 0.9% in the fourth quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock worth $1,001,000 after purchasing an additional 25 shares during the period. Sicart Associates LLC grew its position in Microsoft by 2.9% in the fourth quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after acquiring an additional 26 shares during the last quarter. Capital Wealth Management LLC grew its position in Microsoft by 1.7% in the fourth quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after acquiring an additional 26 shares during the last quarter. Mayfair Advisory Group LLC grew its position in Microsoft by 0.7% in the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock valued at $1,434,000 after acquiring an additional 27 shares during the last quarter. Finally, Marmo Financial Group LLC grew its position in Microsoft by 2.8% in the fourth quarter. Marmo Financial Group LLC now owns 987 shares of the software giant’s stock valued at $371,000 after acquiring an additional 27 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a report on Friday, May 24th. BMO Capital Markets lifted 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. DA Davidson reissued a “buy” rating and issued a $500.00 price target on shares of Microsoft in a research note on Friday, March 15th. Evercore ISI boosted their price objective on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $455.00 price objective on shares of Microsoft in a research note on Monday, April 22nd. Three analysts have rated the stock with a hold rating and thirty-two have given 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 a consensus price target of $456.83.

Check Out Our Latest Stock Analysis on MSFT

Insider Activity at Microsoft

In related news, 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 transaction 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 sale was disclosed in a filing with the SEC, which is available through this link. In other news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the sale, 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. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Performance

NASDAQ MSFT opened at $414.67 on Friday. The firm has a market cap of $3.08 trillion, a price-to-earnings ratio of 35.90, a price-to-earnings-growth ratio of 2.27 and a beta of 0.89. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $416.58 and a 200-day moving average price of $400.40. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $433.60.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.45 earnings per share. As a group, equities research analysts predict that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is presently 25.97%.

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

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.