Telemus Capital LLC Has $38.95 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Telemus Capital LLC lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 103,568 shares of the software giant’s stock after selling 4,429 shares during the period. Microsoft makes up about 3.2% of Telemus Capital LLC’s portfolio, making the stock its 6th largest holding. Telemus Capital LLC’s holdings in Microsoft were worth $38,946,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MSFT. FMR LLC raised its position in shares of Microsoft by 2.7% in the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock valued at $68,162,263,000 after buying an additional 5,762,902 shares in the last quarter. Barclays PLC raised its position in shares of Microsoft by 9.3% in the 3rd quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock valued at $9,152,647,000 after buying an additional 2,456,190 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Microsoft in the 4th quarter valued at approximately $9,625,201,000. California Public Employees Retirement System raised its position in shares of Microsoft by 9.2% in the 3rd quarter. California Public Employees Retirement System now owns 21,375,375 shares of the software giant’s stock valued at $6,749,275,000 after buying an additional 1,796,956 shares in the last quarter. Finally, Brown Advisory Inc. raised its position in shares of Microsoft by 2.0% in the 3rd quarter. Brown Advisory Inc. now owns 10,620,705 shares of the software giant’s stock valued at $3,353,488,000 after buying an additional 207,591 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Citigroup dropped their target price on shares of Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. Wedbush reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Wednesday. The Goldman Sachs Group upped their price objective on shares of Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Thursday, February 22nd. Finally, Wells Fargo & Company upped their price objective on shares of Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. According to data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $454.70.

Insiders Place Their Bets

In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft 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 completion of the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.03% of the company’s stock.

Microsoft Trading Up 0.3 %

NASDAQ:MSFT opened at $430.52 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.20 trillion, a price-to-earnings ratio of 37.27, a PEG ratio of 2.25 and a beta of 0.89. The firm has a fifty day simple moving average of $416.05 and a two-hundred day simple moving average of $397.95. Microsoft Co. has a 12 month low of $309.45 and a 12 month high of $432.97.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the company posted $2.45 earnings per share. Analysts expect that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is 25.97%.

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.