Microsoft Co. (NASDAQ:MSFT) Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. lowered its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,584 shares of the software giant's stock after selling 1,096 shares during the quarter. Microsoft accounts for about 3.0% of GW Henssler & Associates Ltd.'s holdings, making the stock its 4th largest position. GW Henssler & Associates Ltd.'s holdings in Microsoft were worth $49,305,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC increased its holdings in shares of Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Assenagon Asset Management S.A. grew its position in Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC increased its stake in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the period. Baillie Gifford & Co. lifted its position in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock worth $3,032,859,000 after buying an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock valued at $23,490,417,000 after buying an additional 2,125,030 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

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Microsoft Stock Performance

NASDAQ MSFT traded down $7.63 during midday trading on Monday, hitting $371.17. The company had a trading volume of 12,866,771 shares, compared to its average volume of 20,496,477. The firm has a fifty day simple moving average of $405.52 and a two-hundred day simple moving average of $419.10. Microsoft Co. has a fifty-two week low of $367.31 and a fifty-two week high of $468.35. 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 stock has a market cap of $2.76 trillion, a price-to-earnings ratio of 29.86, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter in the prior year, the firm earned $2.93 EPS. Equities analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is 26.73%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on MSFT shares. Cantor Fitzgerald reiterated an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Stifel Nicolaus cut their price target on Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Mizuho lowered their price target on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th. Jefferies Financial Group cut their price objective on shares of Microsoft from $550.00 to $500.00 and set a "buy" rating on the stock in a research report on Monday. Finally, Wedbush reissued an "outperform" rating and issued a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $508.86.

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.