Measured Wealth Private Client Group LLC Sells 960 Shares of Microsoft Co. (NASDAQ:MSFT)

Measured Wealth Private Client Group LLC cut its position in shares of Microsoft Co. (NASDAQ:MSFT) by 12.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,011 shares of the software giant’s stock after selling 960 shares during the quarter. Microsoft makes up about 1.0% of Measured Wealth Private Client Group LLC’s investment portfolio, making the stock its 20th largest position. Measured Wealth Private Client Group LLC’s holdings in Microsoft were worth $3,017,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MSFT. WFA Asset Management Corp lifted its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after buying an additional 216 shares during the period. Ellenbecker Investment Group boosted its holdings in Microsoft by 4.2% in the second quarter. Ellenbecker Investment Group now owns 11,090 shares of the software giant’s stock valued at $4,957,000 after acquiring an additional 446 shares in the last quarter. Dougherty Wealth Advisers LLC increased its position in Microsoft by 1.2% during the 2nd quarter. Dougherty Wealth Advisers LLC now owns 3,290 shares of the software giant’s stock valued at $1,470,000 after purchasing an additional 38 shares during the period. Gunderson Capital Management Inc. boosted its stake in shares of Microsoft by 5.7% during the 2nd quarter. Gunderson Capital Management Inc. now owns 28,621 shares of the software giant’s stock valued at $12,792,000 after purchasing an additional 1,534 shares in the last quarter. Finally, VanderPol Investments L.L.C. increased its position in shares of Microsoft by 1.9% during the second quarter. VanderPol Investments L.L.C. now owns 1,628 shares of the software giant’s stock valued at $728,000 after buying an additional 30 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Trading Down 1.3 %

MSFT stock opened at $424.83 on Tuesday. The company has a market capitalization of $3.16 trillion, a PE ratio of 35.05, a P/E/G ratio of 2.37 and a beta of 0.90. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. Microsoft Co. has a 12 month low of $366.50 and a 12 month high of $468.35. The firm’s 50-day moving average is $428.90 and its 200 day moving average is $428.85.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The firm had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. During the same quarter in the previous year, the business earned $2.99 earnings per share. Microsoft’s quarterly revenue was up 16.0% on a year-over-year basis. On average, research analysts anticipate that Microsoft Co. will post 12.93 EPS for the current year.

Microsoft announced that its board has approved a share buyback plan on Monday, September 16th that allows the company to repurchase $60.00 billion in shares. This repurchase authorization allows the software giant to repurchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is 27.39%.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher David Young sold 7,200 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total value of $3,050,352.00. Following the sale, the executive vice president now owns 103,366 shares in the company, valued at $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,200 shares of company stock valued at $17,383,892. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. reduced their target price on Microsoft from $470.00 to $465.00 and set an “overweight” rating on the stock in a report on Thursday, October 31st. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Tuesday, November 5th. Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Sanford C. Bernstein lowered their price target on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, TD Cowen cut their price objective on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $509.90.

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.