Net Worth Advisory Group reduces participation in Microsoft Co. (Nasdaq: Msft)

The Net Worth Advisory Group reduced its share of Microsoft Co. stocks in the fourth quarter of 6.0%. The institutional investor had 5,780 shares of the software giant after 367 shares were sold in the quarter. Microsoft comprises 0.7% of the Net for Proversory Group's portfolio and makes the share its 24th greatest participation. The participations from Net for Provisory Group to Microsoft were on $ 2,436,000 after their last submission to Securities & Exchange Commission.

Several other hedge funds and other institutional investors have recently changed their stocks in the stock. Proficio Capital Partners LLC increased his position in Microsoft shares by 34,643.3%in the fourth quarter. Proficio Capital Partners LLC now has 16,837,278 shares of the software guide worth 7.096,913,000, after further 16,788,816 shares were acquired in the reporting period. Asset Management SA assetagne increased its share of Microsoft by 76.6%in the 4th quarter. Assetagon Asset Management SA now has 10,532,402 shares of the software giant worth 4,439,407,000, after another 4,568,539 shares were bought in the last quarter. Geode Capital Management LLC increased its participation in Microsoft by 2.0%in the 3rd quarter. Geode Capital Management LLC now has 165.024,812 shares of the software guide worth 70,790,682,000, after another 3,264,648 shares were bought in the reporting period. Baillie Gifford & Co. increased his participation in Microsoft by 46.1%in the 3rd quarter. Baillie Gifford & Co. now has 7,048,244 shares of the software giant worth 3,032,859,000, after further 2,222,483 shares were bought in the reporting period. After all, UBS has expanded its position in Microsoft shares by 4.1% in the 3rd quarter. UBS on an independent business unit of UBS Asset Management Americas LLC now has 54,590,791 shares of the software giant worth 23,490,417,000, after another 2,125,030 stocks were bought in the last quarter. 71.13% of the shares are currently owned by institutional investors.

Microsoft acts by 0.3%

MSFT's shares were opened on Friday at $ 454.27. The share has a market capitalization of 3.38 trillion dollars, a P/E ratio of 36.58, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a twelve -month low of $ 344.79 and a twelve -month high of $ 468.35. The company has a quick rate of 1.34, a current ratio of 1.35 and a debt ratio of 0.13. The company has a fifty days of simple, sliding average of $ 395.33 and a two hundred days of simple, sliding average of $ 412.61.

Microsoft (Nasdaq: Msft – Free Report) recently published its results on Wednesday, April 30th. The software giant reported a profit per share of $ 3.46 for the quarter and exceeded the consensus estimates of analysts of USD $ 3.24. The company had a turnover of $ 70.07 billion in a quarter compared to estimates of the analysts of $ 68.54 billion. Microsoft had a net margin of 35.43% and an equity return of 33.36%. Microsoft's sales for the quarter rose by 13.3%compared to the previous year. In the same period of the previous year, the company achieved a result per share of $ 2.94. On average, research analysts expect that Microsoft Co. will identify an EPS of 13.08 for the current year.

Microsoft announces dividend

The company recently announced a quarterly dividend that will be paid on Thursday, June 12th. The actors of records on Thursday, May 15, receive a dividend of USD 0.83. This corresponds to an annualized dividend of $ 3.32 and a return of 0.73%. The ex dividend date of this dividend is Thursday, May 15th. Microsoft's dividend distribution rate (DPR) is currently 25.66%.

Insider transactions at Microsoft

In other Microsoft News, EVP Amy Coleman sold on Thursday, May 15th, 13,243 shares of the company as part of a transaction. The shares were sold at an average price of $ 452.01 for a total value of 5,985,968.43. After completing the transaction, the Executive Vice President now has 43,100 shares of the company worth around 19,481,631. This corresponds to a decrease in your position by 23.50%. The sale was announced in a document submitted to the Securities & Exchange Commission, which can be accessed via the SEC website. In addition, insider Bradford L. Smith sold 6,000 shares from Microsoft shares on Monday, May 5th. The shares were sold at an average price of $ 433.17 for a total transaction of $ 2,599.00.00. After the sale, the insider now has 471,036 shares in the company worth 204,038,664.12. The trade was a decline in its position by 1.26%. You can find the disclosure for this sale here. In the past three months, insiders have sold 94,243 shares worth $ 41,288,738. 0.03% of the stocks currently belong.

Wall Street Analysts predict growth

Several stock analysts have recently published reports on MSFT shares. The Scotiabank increased its price target for Microsoft from $ 470.00 to $ 500.00 and on Thursday, May 1st, evaluated a “sector outperform” rating in a research note. Needham & Company LLC repeated a merchant for shares in Microsoft on Thursday, May 1st. Raymond James increased its price target for Microsoft shares from $ 480.00 to $ 490.00 and evaluated the share in a research report on Thursday, May 1st, in a research report. Piper Sandler confirmed on Thursday, May 1st, a “neutral” rating for Microsoft's shares in a research note. Finally, Cantor Fitzgerald increased its price for shares from Microsoft from $ 502.00 to $ 512.00 and evaluated the share on Thursday, May 1st, in a research note with “overweight”. Five Research analysts rated the stock with a holding rating, and thirty-one have assigned a merchant to the company. Based on data from Marketbeat, the stock currently has a consensus rating from “moderate purchase” and a consensus price of $ 509.16.

Take a look at our latest stock report on Microsoft

Microsoft profile

(Free report)

The Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The segment for productivity and business processes offers office, exchange, shareepoint, Microsoft teams, Office 365 Security and Compliance, Microsoft Viva and Microsoft 365 Copilot; and office consumer services such as Microsoft 365 consumer subscriptions, licensed office-licensed conditions and other office services.

Read more

Get messages and reviews for Microsoft Daily -Enter your e -mail address below to get a short daily summary of the latest news and analyst reviews for Microsoft and related companies with the free daily e -mail newsletter from Marketbeat.com.