Microsoft Co. (NASDAQ:MSFT) Shares Sold by Satovsky Asset Management LLC

Satovsky Asset Management LLC decreased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,156 shares of the software giant's stock after selling 933 shares during the period. Microsoft makes up 1.0% of Satovsky Asset Management LLC's investment portfolio, making the stock its 13th largest holding. Satovsky Asset Management LLC's holdings in Microsoft were worth $4,187,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MSFT. Barclays cut their target price on shares of Microsoft from $475.00 to $430.00 and set an "overweight" rating on the stock in a research note on Monday. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. Bank of America lowered their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, KeyCorp restated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Five research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $493.13.

Microsoft Stock Performance

Shares of MSFT traded up $12.91 during trading hours on Thursday, reaching $387.30. 22,177,077 shares of the company's stock traded hands, compared to its average volume of 21,289,472. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The business's fifty day simple moving average is $385.70 and its two-hundred day simple moving average is $411.70. 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 $2.88 trillion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the previous year, the business posted $2.93 EPS. Analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.86%. Microsoft's dividend payout ratio (DPR) is 26.73%.

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.