UMB Bank n.a. Cuts Stake in Microsoft Co. (NASDAQ:MSFT)

UMB Bank n.a. decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 526,203 shares of the software giant's stock after selling 23,310 shares during the period. Microsoft accounts for 3.5% of UMB Bank n.a.'s portfolio, making the stock its 4th largest position. UMB Bank n.a.'s holdings in Microsoft were worth $221,795,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of MSFT. Net Worth Advisory Group purchased a new stake in Microsoft during the third quarter worth approximately $2,645,000. Oak Ridge Investments LLC lifted its holdings in shares of Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock valued at $113,399,000 after acquiring an additional 18,544 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Microsoft by 1.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant's stock valued at $882,816,000 after acquiring an additional 31,401 shares in the last quarter. Jacobs & Co. CA boosted its position in Microsoft by 0.9% during the 3rd quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant's stock worth $41,318,000 after purchasing an additional 880 shares during the period. Finally, Focus Financial Network Inc. increased its holdings in Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after purchasing an additional 1,489 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

MSFT stock traded down $4.13 during trading on Thursday, hitting $396.89. 23,268,830 shares of the company's stock traded hands, compared to its average volume of 23,118,146. The stock has a market capitalization of $2.95 trillion, a price-to-earnings ratio of 31.96, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 52 week low of $381.00 and a 52 week high of $468.35. The stock has a fifty day moving average price of $417.97 and a two-hundred day moving average price of $422.24. 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 announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts' consensus estimates 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 prior year, the firm posted $2.93 earnings per share. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of recent research reports. Royal Bank of Canada restated an "outperform" rating and set a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Wedbush reissued an "outperform" rating and set a $550.00 price target on shares of Microsoft in a research report on Tuesday, November 19th. Piper Sandler reaffirmed an "overweight" rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. DA Davidson reissued a "neutral" rating and set a $425.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Finally, UBS Group decreased their target price on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $510.96.

Insider Activity

In related news, CMO Takeshi Numoto sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now owns 49,352 shares of the company's stock, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.