Microsoft Co. (NASDAQ:MSFT) is One Wealth Management Investment & Advisory Services LLC's 4th Largest Position

One Wealth Management Investment & Advisory Services LLC cut its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 43.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,329 shares of the software giant's stock after selling 8,830 shares during the period. Microsoft accounts for approximately 8.5% of One Wealth Management Investment & Advisory Services LLC's portfolio, making the stock its 4th largest holding. One Wealth Management Investment & Advisory Services LLC's holdings in Microsoft were worth $4,875,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Christopher J. Hasenberg Inc raised its holdings in shares of Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant's stock valued at $31,000 after acquiring an additional 44 shares in the last quarter. Quarry LP bought a new stake in Microsoft during the second quarter valued at approximately $45,000. Innealta Capital LLC purchased a new position in Microsoft in the 2nd quarter worth approximately $75,000. Carolina Wealth Advisors LLC increased its holdings in shares of Microsoft by 10.1% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant's stock worth $145,000 after buying an additional 31 shares during the last quarter. Finally, MayTech Global Investments LLC purchased a new stake in shares of Microsoft during the 2nd quarter valued at $200,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on MSFT. 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 research note on Friday, October 25th. Oppenheimer cut Microsoft from an "outperform" rating to a "market perform" rating in a report on Tuesday, October 8th. Mizuho upped their target price on Microsoft from $480.00 to $510.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. KeyCorp lifted their price target on shares of Microsoft from $490.00 to $505.00 and gave the stock an "overweight" rating in a research note on Friday, October 18th. Finally, TD Cowen lowered their price objective on shares of Microsoft from $495.00 to $475.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $512.93.

Microsoft Stock Up 1.0 %

Shares of NASDAQ MSFT traded up $4.45 on Friday, reaching $429.03. 26,146,013 shares of the company's stock traded hands, compared to its average volume of 17,227,436. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. The business's 50 day simple moving average is $429.32 and its two-hundred day simple moving average is $426.37. Microsoft Co. has a 12 month low of $385.58 and a 12 month high of $468.35. The company has a market cap of $3.19 trillion, a price-to-earnings ratio of 35.40, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business had revenue of $65.59 billion during the quarter, compared to analysts' expectations of $64.57 billion. During the same quarter in the previous year, the business earned $2.99 earnings per share. The firm's quarterly revenue was up 16.0% compared to the same quarter last year. As a group, equities research analysts forecast that Microsoft Co. will post 12.92 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.77%. Microsoft's dividend payout ratio (DPR) is presently 27.39%.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the sale, the chief marketing officer now directly owns 57,511 shares in the company, valued at approximately $23,850,961.92. This trade represents a 1.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher David Young sold 7,200 shares of the firm's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the sale, the executive vice president now directly owns 103,366 shares in the company, valued at approximately $43,792,039.56. The trade was a 6.51 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,200 shares of company stock worth $17,383,892. Corporate insiders own 0.03% of the company's stock.

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.