Uncommon Cents Investing LLC Has $12.90 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Uncommon Cents Investing LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,593 shares of the software giant's stock after selling 1,031 shares during the period. Microsoft accounts for about 3.8% of Uncommon Cents Investing LLC's portfolio, making the stock its biggest holding. Uncommon Cents Investing LLC's holdings in Microsoft were worth $12,895,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Assenagon Asset Management S.A. raised its holdings in Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after acquiring an additional 4,568,539 shares during the period. Geode Capital Management LLC lifted its position in Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. boosted its holdings in shares of Microsoft by 46.1% during the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock worth $3,032,859,000 after acquiring an additional 2,222,483 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Down 1.0 %

MSFT stock traded down $4.13 during midday trading on Thursday, reaching $396.89. 23,268,830 shares of the company's stock traded hands, compared to its average volume of 23,118,146. The company has a market cap of $2.95 trillion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 2.21 and a beta of 0.92. The firm's fifty day moving average price is $417.97 and its 200-day moving average price is $422.24. Microsoft Co. has a 52 week low of $381.00 and a 52 week high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS 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 in the prior year, the firm earned $2.93 earnings per share. As a group, sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. UBS Group decreased their price objective on Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. StockNews.com downgraded shares of Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Piper Sandler reiterated an "overweight" rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Finally, Morgan Stanley lowered their price objective on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $510.96.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the firm's stock in a transaction dated 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 trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by insiders.

About Microsoft

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.