Microsoft Corporation $MSFT Shares Sold by Flossbach Von Storch SE

Flossbach Von Storch SE decreased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,137,572 shares of the software giant’s stock after selling 271,509 shares during the period. Microsoft accounts for approximately 6.0% of Flossbach Von Storch SE’s portfolio, making the stock its 2nd biggest position. Flossbach Von Storch SE’s holdings in Microsoft were worth $1,517,393,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. BLVD Private Wealth LLC boosted its holdings in Microsoft by 0.6% during the third quarter. BLVD Private Wealth LLC now owns 3,169 shares of the software giant’s stock worth $1,641,000 after purchasing an additional 19 shares during the last quarter. Magnolia Capital Management Ltd. boosted its holdings in Microsoft by 0.3% during the third quarter. Magnolia Capital Management Ltd. now owns 6,509 shares of the software giant’s stock worth $3,371,000 after purchasing an additional 20 shares during the last quarter. ARK & TLK Investments LLC boosted its holdings in Microsoft by 1.0% during the third quarter. ARK & TLK Investments LLC now owns 1,935 shares of the software giant’s stock worth $1,002,000 after purchasing an additional 20 shares during the last quarter. Rochester Wealth Strategies LLC boosted its holdings in Microsoft by 2.9% during the third quarter. Rochester Wealth Strategies LLC now owns 700 shares of the software giant’s stock worth $363,000 after purchasing an additional 20 shares during the last quarter. Finally, Longfellow Investment Management Co. LLC boosted its holdings in Microsoft by 51.3% during the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on MSFT. UBS Group restated a “buy” rating on shares of Microsoft in a report on Friday, April 24th. Citigroup increased their target price on shares of Microsoft from $600.00 to $620.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Jefferies Financial Group restated a “buy” rating on shares of Microsoft in a report on Monday, May 4th. Bank of America began coverage on shares of Microsoft in a research report on Tuesday, March 24th. They set a “buy” rating and a $500.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Microsoft from $575.00 to $550.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Thirty-nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $560.88.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a large new Microsoft stake, signaling strong confidence in MSFT’s long-term AI and cloud growth prospects. Billionaire Bill Ackman Just Made a Massive Bet on Microsoft. Here’s Why.
• Positive Sentiment: Analysts and market commentators continue to argue Microsoft remains a strong long-term compounder, with some saying the stock looks cheaper than it has in years on a cash-flow basis. Is Microsoft Stock a Steal Right Now?
• Positive Sentiment: Some analysts say Microsoft’s move away from an overly dependent OpenAI relationship could be beneficial over time because customers increasingly want access to multiple AI models rather than one exclusive partner. Why Microsoft’s Split With OpenAI May Be Great for the Stock in the Long Run

Insider Activity

In other news, EVP Kathleen T. Hogan sold 12,321 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $409.52, for a total value of $5,045,695.92. Following the transaction, the executive vice president directly owned 137,933 shares of the company’s stock, valued at $56,486,322.16. This represents a 8.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Amy Coleman sold 1,262 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $411.34, for a total transaction of $519,111.08. Following the completion of the transaction, the executive vice president directly owned 46,003 shares in the company, valued at $18,922,874.02. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Performance

Shares of MSFT stock opened at $418.57 on Tuesday. The stock has a market cap of $3.11 trillion, a P/E ratio of 24.91, a P/E/G ratio of 1.51 and a beta of 1.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 1.27. The company has a fifty day moving average price of $399.71 and a two-hundred day moving average price of $436.24. Microsoft Corporation has a one year low of $356.28 and a one year high of $555.45.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, beating analysts’ consensus estimates of $4.06 by $0.21. The firm had revenue of $82.89 billion during the quarter, compared to analysts’ expectations of $81.44 billion. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter last year, the company posted $3.46 earnings per share. As a group, equities analysts predict that Microsoft Corporation will post 16.76 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a $0.91 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Microsoft’s dividend payout ratio is presently 21.67%.

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).