Stableford Capital II LLC Sells 826 Shares of Microsoft Co. (NASDAQ:MSFT)

Stableford Capital II LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,790 shares of the software giant's stock after selling 826 shares during the quarter. Microsoft makes up approximately 3.1% of Stableford Capital II LLC's holdings, making the stock its 7th biggest position. Stableford Capital II LLC's holdings in Microsoft were worth $7,920,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. BCK Partners Inc. raised its holdings in shares of Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock valued at $582,000 after acquiring an additional 24 shares in the last quarter. Christopher J. Hasenberg Inc boosted its holdings in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after buying an additional 25 shares in the last quarter. Sequent Asset Management LLC grew its holdings in Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock worth $853,000 after purchasing an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC grew its stake in Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock worth $1,380,000 after buying an additional 25 shares during the last quarter. Finally, Riverstone Advisors LLC raised its stake in Microsoft by 0.6% in the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock valued at $1,941,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

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Microsoft Price Performance

Shares of MSFT stock traded down $11.78 during trading hours on Friday, reaching $378.80. The company had a trading volume of 21,606,792 shares, compared to its average volume of 20,523,498. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.92. The stock has a fifty day moving average of $405.52 and a 200-day moving average of $419.06.

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

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of research analyst reports. DA Davidson upgraded 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 note on Thursday, March 13th. Piper Sandler reissued an "overweight" rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Mizuho decreased their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. Finally, Morgan Stanley reduced their target price on Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $510.59.

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.