Caldwell Sutter Capital Inc. Trims Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Caldwell Sutter Capital Inc. lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,383 shares of the software giant’s stock after selling 359 shares during the quarter. Microsoft accounts for about 2.0% of Caldwell Sutter Capital Inc.’s portfolio, making the stock its 4th biggest position. Caldwell Sutter Capital Inc.’s holdings in Microsoft were worth $3,904,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MSFT. Monumental Financial Group Inc. acquired a new stake in shares of Microsoft during the first quarter worth about $28,000. Atlantic Private Wealth LLC raised its position in Microsoft by 534.5% in the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after buying an additional 155 shares during the last quarter. Hibernia Wealth Partners LLC acquired a new stake in Microsoft in the 3rd quarter valued at approximately $69,000. Iron Horse Wealth Management LLC raised its position in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after buying an additional 105 shares during the last quarter. Finally, MayTech Global Investments LLC acquired a new stake in Microsoft in the 4th quarter valued at approximately $83,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

MSFT opened at $411.84 on Thursday. The business has a fifty day simple moving average of $415.48 and a 200 day simple moving average of $384.15. The company has a market capitalization of $3.06 trillion, a PE ratio of 37.24, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. Microsoft Co. has a 1 year low of $275.37 and a 1 year high of $430.82. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.17. The firm had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.32 EPS. Research analysts expect that Microsoft Co. will post 11.61 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be issued a $0.75 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 annualized dividend and a yield of 0.73%. Microsoft’s dividend payout ratio is presently 27.12%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the transaction, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders sold 1,070,258 shares of company stock valued at $30,690,456 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Microsoft from $460.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday. DA Davidson reissued a “buy” rating and issued a $500.00 target price on shares of Microsoft in a research report on Friday, March 15th. Piper Sandler reissued an “overweight” rating and issued a $455.00 target price on shares of Microsoft in a research report on Thursday, January 25th. BMO Capital Markets lifted their target price on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 12th. Finally, Macquarie raised their price target on Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $431.03.

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.