Brown Lisle Cummings Inc. Sells 40 Shares of Microsoft Co. (NASDAQ:MSFT)

Brown Lisle Cummings Inc. reduced its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,828 shares of the software giant’s stock after selling 40 shares during the period. Microsoft comprises about 3.8% of Brown Lisle Cummings Inc.’s investment portfolio, making the stock its 2nd largest holding. Brown Lisle Cummings Inc.’s holdings in Microsoft were worth $12,573,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MSFT. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the 4th quarter worth about $38,000. IFS Advisors LLC boosted its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management increased its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft during the 3rd quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft during the 4th quarter worth approximately $141,000. 71.13% of the stock is currently owned by institutional investors.

Microsoft Trading Down 0.9 %

MSFT opened at $375.39 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $367.24 and a twelve month high of $468.35. The stock has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 30.22, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a 50-day simple moving average of $404.45 and a 200 day simple moving average of $418.77.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the business posted $2.93 EPS. Analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. Microsoft’s dividend payout ratio (DPR) is currently 26.73%.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of recent analyst reports. Loop Capital boosted their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. UBS Group lowered their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Scotiabank started coverage on shares of Microsoft in a research note on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 target price for the company. Mizuho lowered their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, Tigress Financial raised their price objective on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Three research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $508.86.

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.