Compass Advisory Group LLC Sells 38 Shares of Microsoft Co. (NASDAQ:MSFT)

Compass Advisory Group LLC reduced its position in shares of Microsoft Co. (NASDAQ:MSFT) by 2.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,536 shares of the software giant’s stock after selling 38 shares during the quarter. Compass Advisory Group LLC’s holdings in Microsoft were worth $578,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sicart Associates LLC increased its position in Microsoft by 2.9% during the fourth quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after acquiring an additional 26 shares during the last quarter. Capital Wealth Management LLC grew its stake in shares of Microsoft by 1.7% during the 4th quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after purchasing an additional 26 shares during the period. Mayfair Advisory Group LLC lifted its stake in shares of Microsoft by 0.7% in the 4th quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after purchasing an additional 27 shares during the period. Triton Wealth Management PLLC boosted its holdings in shares of Microsoft by 0.5% in the fourth quarter. Triton Wealth Management PLLC now owns 5,864 shares of the software giant’s stock worth $2,167,000 after buying an additional 28 shares during the last quarter. Finally, O Connor Financial Group LLC grew its position in Microsoft by 1.4% during the third quarter. O Connor Financial Group LLC now owns 2,191 shares of the software giant’s stock valued at $692,000 after buying an additional 31 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.3 %

MSFT stock opened at $410.54 on Thursday. The company has a market capitalization of $3.05 trillion, a PE ratio of 35.54, a P/E/G ratio of 2.15 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. Microsoft Co. has a 12 month low of $306.26 and a 12 month high of $430.82. The firm’s 50-day moving average is $413.84 and its 200 day moving average is $392.05.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating the consensus estimate of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.45 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s dividend payout ratio is presently 25.97%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Jefferies Financial Group increased their price target on shares of Microsoft from $465.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Barclays boosted their price target on Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. KeyCorp initiated coverage on Microsoft in a research note on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Finally, StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Three analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

Insider Buying and Selling

In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were 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 in the company, valued at $64,538,265.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at $22,770,926.10. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

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.