Radnor Capital Management LLC Sells 951 Shares of Microsoft Co. (NASDAQ:MSFT)

Radnor Capital Management LLC cut its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,553 shares of the software giant’s stock after selling 951 shares during the quarter. Microsoft comprises 1.9% of Radnor Capital Management LLC’s portfolio, making the stock its 6th biggest position. Radnor Capital Management LLC’s holdings in Microsoft were worth $10,361,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Moneta Group Investment Advisors LLC increased its position in Microsoft by 112,158.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock worth $36,017,948,000 after purchasing an additional 150,053,637 shares in the last quarter. Norges Bank purchased a new stake in Microsoft during the fourth quarter worth approximately $20,700,525,000. Aaron Wealth Advisors LLC increased its holdings in Microsoft by 35,465.9% in the 1st quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock valued at $66,852,000 after purchasing an additional 20,553,188 shares in the last quarter. Morgan Stanley raised its position in Microsoft by 14.0% in the fourth quarter. Morgan Stanley now owns 119,417,954 shares of the software giant’s stock valued at $28,638,815,000 after purchasing an additional 14,652,150 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in shares of Microsoft by 348.6% during the second quarter. Osaic Holdings Inc. now owns 11,998,927 shares of the software giant’s stock worth $894,426,000 after purchasing an additional 9,324,182 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $421.43 on Thursday. Microsoft Co. has a twelve month low of $272.05 and a twelve month high of $430.82. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average of $409.64 and a two-hundred day moving average of $373.65. The company has a market capitalization of $3.13 trillion, a price-to-earnings ratio of 38.10, a PEG ratio of 2.25 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The company had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. During the same period in the previous year, the firm earned $2.32 earnings per share. Microsoft’s revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, analysts expect that Microsoft Co. will post 11.63 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced 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 of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.71%. Microsoft’s payout ratio is currently 27.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on MSFT shares. Macquarie increased their target price on Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Wedbush lifted their price objective on shares of Microsoft from $475.00 to $500.00 and gave the company an “outperform” rating in a research note on Tuesday. DA Davidson reissued a “buy” rating and set a $500.00 target price on shares of Microsoft in a research report on Friday, March 15th. Argus raised their price target on shares of Microsoft from $390.00 to $430.00 and gave the company a “buy” rating in a report on Tuesday, December 5th. Finally, KeyCorp began coverage on shares of Microsoft in a report on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company. Based on data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus price target of $423.34.

Insider Activity

In other Microsoft news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the sale, the insider now owns 574,129 shares in the company, valued at approximately $236,414,839.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now owns 574,129 shares in the company, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,070,258 shares of company stock worth $30,690,456. 0.03% of the stock is owned by corporate 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.