Microsoft Co. (NASDAQ:MSFT) Shares Sold by Castellan Group

Castellan Group lessened its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,364 shares of the software giant's stock after selling 790 shares during the period. Microsoft comprises about 3.7% of Castellan Group's portfolio, making the stock its 2nd biggest position. Castellan Group's holdings in Microsoft were worth $8,583,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MSFT. BCK Partners Inc. increased its holdings in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock worth $582,000 after purchasing an additional 24 shares during the period. Muirfield Wealth Advisors LLC grew its position in shares of Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares in the last quarter. Sequent Asset Management LLC increased its stake in shares of 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 buying an additional 25 shares during the period. Cypress Point Wealth Management LLC raised its holdings in Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock valued at $1,380,000 after acquiring an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC raised its holdings in Microsoft by 0.6% in the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock valued at $1,941,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

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Microsoft Trading Down 0.5 %

Shares of MSFT stock traded down $2.08 during mid-day trading on Tuesday, hitting $385.73. 17,146,935 shares of the company's stock were exchanged, compared to its average volume of 21,226,164. The stock has a market cap of $2.87 trillion, a price-to-earnings ratio of 31.06, a PEG ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The stock has a 50-day simple moving average of $391.38 and a two-hundred day simple moving average of $414.11.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly 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 business posted $2.93 earnings per share. Equities analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 26.73%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on MSFT. Wedbush dropped their price objective on Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a report on Thursday, April 10th. Bank of America reduced their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Tuesday. Cantor Fitzgerald reissued an "overweight" rating and set a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a report on Friday, January 24th. Finally, Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus target price of $502.83.

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.