Microsoft Co. (NASDAQ:MSFT) Shares Sold by Cutler Investment Counsel LLC

Cutler Investment Counsel LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 72,938 shares of the software giant's stock after selling 1,584 shares during the quarter. Microsoft makes up 3.8% of Cutler Investment Counsel LLC's holdings, making the stock its 3rd biggest position. Cutler Investment Counsel LLC's holdings in Microsoft were worth $30,743,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WFA Asset Management Corp increased its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. grew its position in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after purchasing an additional 38 shares during the period. AMF Tjanstepension AB increased its stake in shares of Microsoft by 1.8% during the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after purchasing an additional 49,735 shares in the last quarter. Discipline Wealth Solutions LLC raised its position in shares of Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after purchasing an additional 2,138 shares during the last quarter. Finally, Swedbank AB lifted its stake in Microsoft by 0.4% in the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock valued at $5,890,530,000 after buying an additional 49,288 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

MSFT stock opened at $367.78 on Monday. The business's 50-day moving average is $388.25 and its two-hundred day moving average is $412.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a market capitalization 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. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate 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 previous year, the business earned $2.93 EPS. Analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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

Analyst Ratings Changes

Several research firms have commented on MSFT. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Wedbush reduced their price objective on Microsoft from $550.00 to $475.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. UBS Group decreased their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Westpark Capital began coverage on shares of Microsoft in a report on Tuesday, April 1st. They set a "hold" rating for the company. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Five equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company's stock. According to data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average price target of $499.97.

Microsoft Company 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.

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