Monograph Wealth Advisors LLC Cuts Stock Position in Microsoft Corporation (NASDAQ:MSFT)

Monograph Wealth Advisors LLC lessened its holdings in Microsoft Corporation (NASDAQ:MSFT) by 23.3% during the 4th quarter, HoldingsChannel reports. The firm owned 19,554 shares of the software giant’s stock after selling 5,950 shares during the period. Microsoft accounts for approximately 1.1% of Monograph Wealth Advisors LLC’s portfolio, making the stock its 17th largest position. Monograph Wealth Advisors LLC’s holdings in Microsoft were worth $8,242,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. purchased a new position in Microsoft in the fourth quarter worth about $38,000. IFS Advisors LLC lifted its stake in shares of Microsoft by 53.8% in the 4th 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. LSV Asset Management purchased a new position in shares of Microsoft in the 4th quarter worth approximately $44,000. Avondale Wealth Management boosted its holdings in shares of Microsoft by 144.4% in 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 period. Finally, Fairway Wealth LLC bought a new position in shares of Microsoft during the 4th quarter valued at approximately $62,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MSFT. TD Securities raised their price target on Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Cantor Fitzgerald raised their target price on shares of Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Mizuho lifted their price target on shares of Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 1st. The Goldman Sachs Group upped their price target on shares of Microsoft from $480.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday, May 21st. Finally, Raymond James Financial raised their price objective on shares of Microsoft from $480.00 to $490.00 and gave the stock an “outperform” rating in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $515.68.

Insider Buying and Selling at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Takeshi Numoto sold 1,000 shares of the business’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total transaction of $460,010.00. Following the sale, the executive vice president now directly owns 47,058 shares of the company’s stock, valued at $21,647,150.58. This represents a 2.08% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,743 shares of company stock valued at $60,224,683. Company insiders own 0.03% of the company’s stock.

Microsoft Trading Down 0.2%

Shares of Microsoft stock opened at $478.04 on Wednesday. The stock has a market cap of $3.55 trillion, a PE ratio of 36.94, a price-to-earnings-growth ratio of 2.44 and a beta of 1.03. The firm has a fifty day moving average price of $432.29 and a 200 day moving average price of $419.32. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $480.69. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company’s revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business posted $2.94 EPS. Equities research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.69%. Microsoft’s dividend payout ratio is currently 25.66%.

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.