Prairiewood Capital LLC Decreases Stock Position in Microsoft Co. (NASDAQ:MSFT)

Prairiewood Capital LLC lessened its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 20.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,282 shares of the software giant’s stock after selling 588 shares during the period. Prairiewood Capital LLC’s holdings in Microsoft were worth $538,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MSFT. Stuart Chaussee & Associates Inc. grew its holdings in Microsoft by 2.4% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 1,780 shares of the software giant’s stock worth $396,000 after acquiring an additional 42 shares in the last quarter. Nottingham Advisors Inc. boosted its holdings in shares of Microsoft by 0.5% in the 4th quarter. Nottingham Advisors Inc. now owns 8,996 shares of the software giant’s stock valued at $2,001,000 after buying an additional 44 shares in the last quarter. Magnolia Capital Advisors LLC boosted its holdings in shares of Microsoft by 0.8% in the 4th quarter. Magnolia Capital Advisors LLC now owns 5,951 shares of the software giant’s stock valued at $1,324,000 after buying an additional 47 shares in the last quarter. Red Spruce Capital LLC boosted its holdings in shares of Microsoft by 0.3% in the 1st quarter. Red Spruce Capital LLC now owns 16,152 shares of the software giant’s stock valued at $3,808,000 after buying an additional 47 shares in the last quarter. Finally, Bender Robert & Associates boosted its holdings in shares of Microsoft by 0.4% in the 4th quarter. Bender Robert & Associates now owns 11,170 shares of the software giant’s stock valued at $2,484,000 after buying an additional 48 shares in the last quarter. Institutional investors own 69.01% of the company’s stock.

Shares of MSFT opened at $257.17 on Friday. The firm has a market cap of $1.94 trillion, a P/E ratio of 41.55, a price-to-earnings-growth ratio of 2.44 and a beta of 0.83. Microsoft Co. has a 12-month low of $169.39 and a 12-month high of $261.78. The company’s 50-day moving average price is $241.97 and its 200 day moving average price is $226.75. The company has a current ratio of 2.53, a quick ratio of 2.49 and a debt-to-equity ratio of 0.46.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Monday, January 25th. The software giant reported $2.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.39. The company had revenue of $43.08 billion for the quarter, compared to analyst estimates of $40.23 billion. Microsoft had a net margin of 32.28% and a return on equity of 40.74%. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.51 earnings per share. Equities research analysts forecast that Microsoft Co. will post 6.73 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Thursday, May 20th will be paid a dividend of $0.56 per share. The ex-dividend date of this dividend is Wednesday, May 19th. This represents a $2.24 dividend on an annualized basis and a yield of 0.87%. Microsoft’s dividend payout ratio (DPR) is presently 38.89%.

In other Microsoft news, EVP Jean Philippe Courtois sold 18,358 shares of the business’s stock in a transaction dated Thursday, January 28th. The shares were sold at an average price of $239.60, for a total transaction of $4,398,576.80. Following the sale, the executive vice president now directly owns 593,915 shares in the company, valued at $142,302,034. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Emma N. Walmsley purchased 4,300 shares of the business’s stock in a transaction on Wednesday, March 10th. The shares were acquired at an average price of $236.80 per share, for a total transaction of $1,018,240.00. Following the completion of the purchase, the director now directly owns 5,026 shares of the company’s stock, valued at $1,190,156.80. The disclosure for this purchase can be found here. 0.05% of the stock is owned by corporate insiders.

A number of research firms have recently weighed in on MSFT. BMO Capital Markets raised their price target on shares of Microsoft from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Monday. Piper Sandler restated an “overweight” rating and issued a $300.00 price target on shares of Microsoft in a report on Tuesday, February 2nd. Raymond James raised their price target on shares of Microsoft from $235.00 to $275.00 and gave the company a “strong-buy” rating in a report on Wednesday, January 27th. UBS Group reiterated a “buy” rating and issued a $275.00 target price on shares of Microsoft in a research note on Tuesday, February 9th. Finally, Jefferies Financial Group set a $300.00 target price on shares of Microsoft and gave the stock a “buy” rating in a research note on Monday, April 12th. Two investment analysts have rated the stock with a hold rating, thirty-one have given a buy rating and three have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $272.86.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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