Csenge Advisory Group Sells 8,607 Shares of Microsoft Co. (NASDAQ:MSFT)

Csenge Advisory Group decreased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,897 shares of the software giant's stock after selling 8,607 shares during the quarter. Microsoft comprises approximately 1.4% of Csenge Advisory Group's investment portfolio, making the stock its 13th biggest position. Csenge Advisory Group's holdings in Microsoft were worth $25,668,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC lifted its position in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management lifted its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the third quarter worth $62,000. Finally, Kieckhefer Group LLC acquired a new position in Microsoft in the fourth quarter valued at about $141,000. Institutional investors own 71.13% of the company's stock.

Microsoft Trading Down 1.0 %

NASDAQ MSFT traded down $3.83 during mid-day trading on Friday, reaching $367.78. 20,940,221 shares of the stock were exchanged, compared to its average volume of 21,246,383. The stock has a market cap of $2.73 trillion, a P/E ratio of 29.61, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The stock has a 50 day simple moving average of $388.25 and a 200-day simple moving average of $412.78.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping 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 last year, the firm posted $2.93 earnings per share. On average, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.90%. Microsoft's dividend payout ratio is currently 26.73%.

Wall Street Analyst Weigh In

Several equities analysts have commented on MSFT shares. Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Stifel Nicolaus decreased their price objective on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a research note on Friday, March 7th. KeyCorp restated a "sector weight" rating on shares of Microsoft in a research note on Thursday. Morgan Stanley lowered their price target on Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Five analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price 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.