Microsoft Co. (NASDAQ:MSFT) Stock Position Lessened by Claro Advisors LLC

Claro Advisors LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 54,007 shares of the software giant's stock after selling 3,442 shares during the period. Microsoft accounts for approximately 3.1% of Claro Advisors LLC's investment portfolio, making the stock its 5th biggest position. Claro Advisors LLC's holdings in Microsoft were worth $22,764,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MSFT. Sivia Capital Partners LLC lifted its holdings in shares of Microsoft by 2.4% during the fourth quarter. Sivia Capital Partners LLC now owns 20,636 shares of the software giant's stock worth $8,698,000 after purchasing an additional 477 shares during the period. Elmwood Wealth Management Inc. lifted its holdings in Microsoft by 3.6% during the 4th quarter. Elmwood Wealth Management Inc. now owns 6,560 shares of the software giant's stock worth $2,765,000 after buying an additional 225 shares during the period. Enterprise Bank & Trust Co grew its position in shares of Microsoft by 1.4% in the 4th quarter. Enterprise Bank & Trust Co now owns 37,445 shares of the software giant's stock valued at $15,783,000 after buying an additional 499 shares during the last quarter. Fulcrum Capital LLC increased its stake in shares of Microsoft by 0.4% in the fourth quarter. Fulcrum Capital LLC now owns 73,519 shares of the software giant's stock valued at $30,988,000 after buying an additional 257 shares during the period. Finally, JCIC Asset Management Inc. raised its position in shares of Microsoft by 0.7% during the fourth quarter. JCIC Asset Management Inc. now owns 43,139 shares of the software giant's stock worth $18,183,000 after acquiring an additional 301 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Buying and Selling

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the completion of the transaction, the chief marketing officer now directly owns 53,852 shares of the company's stock, valued at approximately $23,203,211.24. This represents a 4.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 8,000 shares of company stock worth $3,493,820. Insiders own 0.03% of the company's stock.

Microsoft Stock Down 1.9 %

MSFT stock traded down $7.88 during trading on Friday, reaching $408.25. The stock had a trading volume of 27,440,364 shares, compared to its average volume of 22,515,041. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The company's 50 day moving average is $425.98 and its two-hundred day moving average is $422.79. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.03 trillion, a price-to-earnings ratio of 32.87, a P/E/G ratio of 2.20 and a beta of 0.90.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 quarter in the prior year, the business earned $2.93 earnings per share. Equities research analysts forecast that Microsoft Co. will post 13.07 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.81%. Microsoft's payout ratio is currently 26.73%.

Analyst Ratings Changes

Several analysts recently commented on MSFT shares. Wedbush reissued an "outperform" rating and set a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Friday, January 24th. Cantor Fitzgerald restated an "overweight" rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Mizuho decreased their price target on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. Finally, UBS Group lowered their price objective on Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company's stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $510.96.

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.