Bryn Mawr Capital Management LLC Trims Stake in Microsoft Co. (NASDAQ:MSFT)

Bryn Mawr Capital Management LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 52.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 89,208 shares of the software giant's stock after selling 97,244 shares during the quarter. Microsoft comprises about 1.4% of Bryn Mawr Capital Management LLC's investment portfolio, making the stock its 17th largest holding. Bryn Mawr Capital Management LLC's holdings in Microsoft were worth $37,601,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. BCK Partners Inc. increased its holdings in shares of Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock worth $582,000 after buying an additional 24 shares during the last quarter. Muirfield Wealth Advisors LLC increased its stake in Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after acquiring an additional 24 shares during the last quarter. Retirement Financial Solutions LLC raised its position in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after purchasing an additional 24 shares in the last quarter. Sequent Asset Management LLC lifted its stake in Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock worth $853,000 after purchasing an additional 25 shares during the last quarter. Finally, Cypress Point Wealth Management LLC increased its position in shares of Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock valued at $1,380,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of MSFT traded up $4.55 during mid-day trading on Friday, hitting $391.85. 18,959,931 shares of the company traded hands, compared to its average volume of 21,203,147. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. 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 has a 50-day moving average price of $384.93 and a two-hundred day moving average price of $411.41. The stock has a market cap of $2.91 trillion, a price-to-earnings ratio of 31.55, a P/E/G ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 prior year, the company posted $2.93 EPS. Equities analysts anticipate that Microsoft Co. 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, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is currently 26.73%.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of recent research reports. Wedbush reduced their price target on shares of Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. Mizuho cut their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Bank of America dropped their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Finally, Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Wednesday. Five analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company's stock. According to MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $493.13.

About Microsoft

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.