Windward Capital Management Co. CA Reduces Holdings in Microsoft Co. (NASDAQ:MSFT)

Windward Capital Management Co. CA reduced its stake in Microsoft Co. (NASDAQ:MSFT) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,913 shares of the software giant’s stock after selling 481 shares during the period. Microsoft comprises 1.0% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 28th largest position. Windward Capital Management Co. CA’s holdings in Microsoft were worth $13,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Fusion Family Wealth LLC raised its stake in shares of Microsoft by 15.7% during the fourth quarter. Fusion Family Wealth LLC now owns 1,031 shares of the software giant’s stock valued at $435,000 after acquiring an additional 140 shares during the last quarter. Cassia Capital Partners LLC increased its holdings in Microsoft by 31.2% during the 4th quarter. Cassia Capital Partners LLC now owns 4,235 shares of the software giant’s stock valued at $1,785,000 after purchasing an additional 1,006 shares during the period. 1858 Wealth Management LLC increased its holdings in Microsoft by 1.2% during the 4th quarter. 1858 Wealth Management LLC now owns 16,210 shares of the software giant’s stock valued at $6,833,000 after purchasing an additional 185 shares during the period. Redwood Wealth Management Group LLC raised its position in Microsoft by 11.2% during the 4th quarter. Redwood Wealth Management Group LLC now owns 12,260 shares of the software giant’s stock valued at $5,170,000 after purchasing an additional 1,239 shares during the last quarter. Finally, Tanager Wealth Management LLP lifted its holdings in Microsoft by 2.2% in the 4th quarter. Tanager Wealth Management LLP now owns 23,186 shares of the software giant’s stock worth $9,771,000 after buying an additional 492 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $375.39 on Tuesday. The company has a 50 day moving average of $404.45 and a 200 day moving average of $418.77. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $367.24 and a twelve month high of $468.35. The firm has a market cap of $2.79 trillion, a P/E ratio of 30.22, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the firm earned $2.93 EPS. As a group, research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. Microsoft’s payout ratio is 26.73%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MSFT shares. Wedbush reissued an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research note on Thursday, March 20th. Mizuho reduced their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. DA Davidson upgraded shares of Microsoft from a “neutral” rating to a “buy” rating and boosted their price target for the company from $425.00 to $450.00 in a research report on Thursday, March 13th. Finally, UBS Group lowered their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $508.86.

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.