EagleClaw Capital Managment LLC Sells 628 Shares of Microsoft Co. (NASDAQ:MSFT)

EagleClaw Capital Managment LLC decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,154 shares of the software giant's stock after selling 628 shares during the period. Microsoft accounts for 1.4% of EagleClaw Capital Managment LLC's investment portfolio, making the stock its 23rd biggest position. EagleClaw Capital Managment LLC's holdings in Microsoft were worth $8,242,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. International Assets Investment Management LLC grew its position 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 valued at $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Wulff Hansen & CO. grew its position in shares of Microsoft by 47,196.6% in the second quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant's stock valued at $2,160,850,000 after purchasing an additional 4,824,436 shares during the period. Assenagon Asset Management S.A. grew its position in shares of Microsoft by 67.5% in the third quarter. Assenagon Asset Management S.A. now owns 5,963,863 shares of the software giant's stock valued at $2,566,250,000 after purchasing an additional 2,404,348 shares during the period. Baillie Gifford & Co. grew its position in shares of Microsoft by 46.1% in the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock valued at $3,032,859,000 after purchasing an additional 2,222,483 shares during the period. Finally, AustralianSuper Pty Ltd grew its position in shares of Microsoft by 56.9% in the third quarter. AustralianSuper Pty Ltd now owns 5,344,566 shares of the software giant's stock valued at $2,299,767,000 after purchasing an additional 1,938,304 shares during the period. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 3.0 %

Shares of NASDAQ MSFT traded up $12.85 during mid-day trading on Tuesday, reaching $447.41. The company had a trading volume of 14,305,468 shares, compared to its average volume of 20,021,381. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The stock has a market capitalization of $3.33 trillion, a PE ratio of 36.93, a price-to-earnings-growth ratio of 2.40 and a beta of 0.90. The stock's 50 day moving average is $431.42 and its 200-day moving average is $425.08.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. During the same period in the prior year, the business posted $2.99 earnings per share. Microsoft's revenue for the quarter was up 16.0% compared to the same quarter last year. As a group, equities analysts anticipate that Microsoft Co. will post 12.9 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft's payout ratio is 27.39%.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the transaction, the chief marketing officer now directly owns 49,352 shares of the company's stock, valued at $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the transaction, the executive vice president now directly owns 117,294 shares in the company, valued at $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,200 shares of company stock valued at $17,383,892 over the last three months. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on MSFT. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research report on Friday. Mizuho lifted their target price on Microsoft from $480.00 to $510.00 and gave the company an "outperform" rating in a report on Friday, December 13th. Sanford C. Bernstein reduced their target price on Microsoft from $501.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. TD Cowen reduced their target price on Microsoft from $495.00 to $475.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. Finally, KeyCorp lifted their target price on Microsoft from $490.00 to $505.00 and gave the company an "overweight" rating in a report on Friday, October 18th. Three research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $512.66.

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.