WoodTrust Financial Corp Sells 373 Shares of Microsoft Co. (NASDAQ:MSFT)

WoodTrust Financial Corp reduced its stake in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,801 shares of the software giant’s stock after selling 373 shares during the period. Microsoft comprises approximately 4.0% of WoodTrust Financial Corp’s investment portfolio, making the stock its 3rd largest position. WoodTrust Financial Corp’s holdings in Microsoft were worth $23,239,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Hibernia Wealth Partners LLC acquired a new stake in shares of Microsoft in the 3rd quarter valued at approximately $69,000. Iron Horse Wealth Management LLC boosted its position in Microsoft by 89.0% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after buying an additional 105 shares during the period. Authentikos Wealth Advisory LLC acquired a new stake in Microsoft during the 3rd quarter worth approximately $87,000. Cordant Inc. boosted its position in Microsoft by 647.8% during the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after buying an additional 298 shares during the period. Finally, Family CFO Inc boosted its position in Microsoft by 13.6% during the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after buying an additional 43 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSFT has been the topic of several recent research reports. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Barclays lifted their target price on shares of Microsoft from $421.00 to $475.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Morgan Stanley lifted their target price on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Stifel Nicolaus restated a “buy” rating and set a $455.00 price target on shares of Microsoft in a report on Monday. Finally, BNP Paribas upgraded shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target for the company in a report on Thursday, January 18th. Four analysts have rated the stock with a hold rating and thirty-five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $434.05.

Microsoft Price Performance

MSFT opened at $409.06 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. The company has a market capitalization of $3.04 trillion, a price-to-earnings ratio of 36.99, a P/E/G ratio of 2.17 and a beta of 0.89. The firm’s fifty day moving average price is $414.59 and its two-hundred day moving average price is $387.09. Microsoft Co. has a 1 year low of $275.37 and a 1 year high of $430.82.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data 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. The firm had revenue of $62.02 billion for the quarter, compared to the consensus estimate of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The business’s revenue for the quarter 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. As a group, analysts anticipate that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company 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 dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is 27.12%.

Insiders Place Their Bets

In related news, 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 transaction of $1,950,000.00. Following the completion of the transaction, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, 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 transaction of $1,950,000.00. Following the completion of the transaction, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now 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 have sold 1,070,258 shares of company stock valued at $30,690,456 in the last three months. 0.03% of the stock is currently owned by insiders.

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.