Mosaic Family Wealth Partners LLC Sells 20,657 Shares of Microsoft Co. (NASDAQ:MSFT)

Mosaic Family Wealth Partners LLC trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 61.9% during the first quarter, HoldingsChannel.com reports. The firm owned 12,701 shares of the software giant’s stock after selling 20,657 shares during the quarter. Microsoft makes up 0.9% of Mosaic Family Wealth Partners LLC’s portfolio, making the stock its 17th largest position. Mosaic Family Wealth Partners LLC’s holdings in Microsoft were worth $5,345,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSFT. Friedenthal Financial bought a new stake in shares of Microsoft during the 4th quarter valued at $45,000. Neo Ivy Capital Management purchased a new position in shares of Microsoft in the 4th quarter worth about $58,000. Richardson Capital Management LLC boosted its holdings in shares of Microsoft by 1,290.0% in the 1st quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after purchasing an additional 129 shares in the last quarter. PayPay Securities Corp boosted its holdings in shares of Microsoft by 23.7% in the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after purchasing an additional 36 shares in the last quarter. Finally, Bellevue Group AG boosted its holdings in Microsoft by 47.5% during the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock valued at $76,000 after acquiring an additional 58 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MSFT. Macquarie increased their target price on Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a report on Friday, May 17th. BMO Capital Markets increased their target price on Microsoft from $465.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, July 12th. Piper Sandler restated an “overweight” rating and set a $485.00 target price on shares of Microsoft in a report on Wednesday, July 31st. Mizuho increased their target price on Microsoft from $450.00 to $480.00 and gave the company an “outperform” rating in a report on Tuesday, July 16th. Finally, UBS Group dropped their price objective on Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $494.72.

Microsoft Stock Performance

MSFT stock opened at $416.79 on Friday. The company has a market cap of $3.10 trillion, a P/E ratio of 36.09, a price-to-earnings-growth ratio of 2.11 and a beta of 0.90. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $468.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.27 and a quick ratio of 1.23. The stock’s fifty day moving average price is $435.06 and its 200-day moving average price is $422.82.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $0.05. The firm had revenue of $64.73 billion for the quarter, compared to the consensus estimate of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same period last year, the business posted $2.69 EPS. On average, equities analysts forecast that Microsoft Co. will post 13.04 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 annualized dividend and a yield of 0.72%. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction on Friday, May 31st. The stock was sold at an average price of $416.60, for a total transaction of $134,145.20. Following the transaction, the chief marketing officer now directly owns 47,255 shares in the company, valued at $19,686,433. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is 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.