Bank Hapoalim BM Sells 2,563 Shares of Microsoft Co. (NASDAQ:MSFT)

Bank Hapoalim BM decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,327 shares of the software giant's stock after selling 2,563 shares during the period. Microsoft makes up about 2.5% of Bank Hapoalim BM's holdings, making the stock its 6th biggest position. Bank Hapoalim BM's holdings in Microsoft were worth $15,312,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

MSFT has been the subject of several recent research reports. Royal Bank of Canada restated an "outperform" rating and set a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Scotiabank started coverage on Microsoft in a research report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 price objective for the company. Westpark Capital assumed coverage on Microsoft in a research note on Tuesday. They issued a "hold" rating on the stock. Stifel Nicolaus dropped their price target on Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Finally, Jefferies Financial Group reduced their price objective on Microsoft from $550.00 to $500.00 and set a "buy" rating on the stock in a research report on Monday. Four equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $508.86.

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Microsoft Stock Performance

Shares of Microsoft stock traded up $6.80 during trading on Tuesday, hitting $382.19. 19,648,293 shares of the stock were exchanged, compared to its average volume of 20,595,340. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock's fifty day moving average is $404.45 and its 200 day moving average is $418.77. The stock has a market cap of $2.84 trillion, a PE ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $367.24 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the company posted $2.93 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed 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. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

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.