D L Carlson Investment Group Inc. Sells 17,243 Shares of Microsoft Co. (NASDAQ:MSFT)

D L Carlson Investment Group Inc. decreased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 22.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,163 shares of the software giant's stock after selling 17,243 shares during the quarter. Microsoft comprises approximately 5.1% of D L Carlson Investment Group Inc.'s holdings, making the stock its 3rd largest position. D L Carlson Investment Group Inc.'s holdings in Microsoft were worth $24,053,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Morris Financial Concepts Inc. raised its holdings in shares of Microsoft by 0.9% during the fourth quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant's stock valued at $1,001,000 after purchasing an additional 25 shares during the period. Innova Wealth Partners raised its stake in Microsoft by 0.6% during the 4th quarter. Innova Wealth Partners now owns 4,239 shares of the software giant's stock worth $1,594,000 after buying an additional 25 shares during the period. Sicart Associates LLC boosted its holdings in Microsoft by 2.9% in the fourth quarter. Sicart Associates LLC now owns 926 shares of the software giant's stock worth $348,000 after acquiring an additional 26 shares in the last quarter. Capital Wealth Management LLC grew its stake in Microsoft by 1.7% in the fourth quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant's stock valued at $599,000 after acquiring an additional 26 shares during the period. Finally, Mayfair Advisory Group LLC grew its stake in Microsoft by 0.7% in the fourth quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant's stock valued at $1,434,000 after acquiring an additional 27 shares during the period. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

MSFT stock traded up $0.99 during midday trading on Friday, reaching $442.57. The company had a trading volume of 13,569,795 shares, compared to its average volume of 20,971,830. The firm has a 50-day moving average price of $417.71 and a 200-day moving average price of $404.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The company has a market capitalization of $3.29 trillion, a P/E ratio of 38.32, a P/E/G ratio of 2.33 and a beta of 0.89. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $443.40.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company's revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.45 EPS. On average, research analysts anticipate that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Thursday, August 15th. Microsoft's dividend payout ratio (DPR) is presently 25.97%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MSFT. DA Davidson reiterated a "buy" rating and set a $500.00 price objective on shares of Microsoft in a report on Friday, March 15th. The Goldman Sachs Group boosted their price objective on Microsoft from $450.00 to $515.00 and gave the stock a "buy" rating in a report on Friday, April 26th. Truist Financial restated a "buy" rating and issued a $600.00 target price on shares of Microsoft in a report on Monday, March 25th. Jefferies Financial Group upped their price target on Microsoft from $465.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, April 1st. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $455.00 price target on shares of Microsoft in a research report on Monday, April 22nd. Three equities research analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. According to MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average target price of $465.83.

Insider Activity at Microsoft

In other news, EVP Judson Althoff sold 25,000 shares of the firm's stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now owns 104,949 shares in the company, valued at $44,674,690.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Microsoft news, CMO Takeshi Numoto sold 244 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the sale, the chief marketing officer now owns 47,011 shares in the company, valued at approximately $19,534,480.83. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Judson Althoff sold 25,000 shares of the business's stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares in the company, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders sold 25,566 shares of company stock worth $10,877,535 in the last ninety days. 0.03% of the stock is owned by company insiders.

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.