Vision Capital Management Inc. Sells 10,883 Shares of Microsoft Co. (NASDAQ:MSFT)

Vision Capital Management Inc. lowered its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 15.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,980 shares of the software giant's stock after selling 10,883 shares during the period. Microsoft accounts for 3.7% of Vision Capital Management Inc.'s portfolio, making the stock its 6th largest position. Vision Capital Management Inc.'s holdings in Microsoft were worth $25,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. Geode Capital Management LLC grew its holdings in Microsoft by 2.0% during the 3rd 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Microsoft by 4.1% in the 3rd 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 last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock worth $20,322,513,000 after purchasing an additional 652,493 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of 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. Finally, Franklin Resources Inc. increased its holdings in Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock valued at $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

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Microsoft Stock Down 2.4 %

NASDAQ MSFT traded down $9.03 during trading hours on Thursday, hitting $373.11. 30,133,706 shares of the company traded hands, compared to its average volume of 20,642,729. 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 business's 50-day moving average is $402.24 and its 200-day moving average is $418.11. The stock has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 30.04, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a twelve month low of $367.24 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm earned $2.93 earnings per share. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.89%. 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 subject of several analyst reports. Jefferies Financial Group decreased their target price on Microsoft from $550.00 to $500.00 and set a "buy" rating for the company in a research report on Monday. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Mizuho reduced their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Finally, Morgan Stanley lowered their price objective on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat.com, Microsoft currently has a consensus rating of "Moderate Buy" and an average target price of $508.86.

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.