Aljian Capital Management LLC Has $15.76 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Aljian Capital Management LLC trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,386 shares of the software giant's stock after selling 1,261 shares during the quarter. Microsoft accounts for 3.4% of Aljian Capital Management LLC's portfolio, making the stock its 8th largest holding. Aljian Capital Management LLC's holdings in Microsoft were worth $15,758,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC grew its position in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Microsoft by 4.1% in the third 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 last quarter. Charles Schwab Investment Management Inc. grew its holdings in Microsoft by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of Microsoft by 48,526.1% in the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Microsoft by 1.1% during the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

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Microsoft Stock Performance

Shares of MSFT stock traded down $14.12 during trading on Wednesday, reaching $371.61. 21,938,586 shares of the company's stock were exchanged, compared to its average volume of 21,233,013. The firm's fifty day moving average price is $390.78 and its 200-day moving average price is $413.81. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock has a market capitalization of $2.76 trillion, a PE ratio of 29.92, 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 (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts' consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the prior year, the business earned $2.93 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 0.89%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is presently 26.73%.

Analysts Set New Price Targets

A number of research analysts have commented on MSFT shares. Scotiabank initiated coverage on Microsoft in a research report on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 price objective on the stock. Wedbush cut their target price 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. Wells Fargo & Company lowered their price target on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating for the company in a research report on Monday. BMO Capital Markets dropped their target price on shares of Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus reduced their price target on Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $499.97.

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.