Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Kelleher Financial Advisors

Kelleher Financial Advisors raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,321 shares of the software giant’s stock after acquiring an additional 92 shares during the period. Microsoft makes up 6.4% of Kelleher Financial Advisors’ holdings, making the stock its 3rd biggest holding. Kelleher Financial Advisors’ holdings in Microsoft were worth $16,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. WFA Asset Management Corp grew its holdings in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. grew its holdings in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares in the last quarter. Beck Bode LLC grew its holdings in Microsoft by 37.3% during the 2nd quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock worth $17,856,000 after acquiring an additional 10,847 shares in the last quarter. Commonwealth Financial Services LLC grew its holdings in Microsoft by 2.1% during the 2nd quarter. Commonwealth Financial Services LLC now owns 19,968 shares of the software giant’s stock worth $9,310,000 after acquiring an additional 412 shares in the last quarter. Finally, Certified Advisory Corp grew its holdings in Microsoft by 9.2% during the 2nd quarter. Certified Advisory Corp now owns 13,899 shares of the software giant’s stock worth $6,212,000 after acquiring an additional 1,175 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Down 0.9 %

MSFT stock opened at $393.31 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market cap of $2.92 trillion, a price-to-earnings ratio of 31.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a fifty day moving average price of $416.40 and a 200 day moving average price of $421.85. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the company posted $2.93 EPS. Sell-side analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Analyst Ratings Changes

MSFT has been the subject of several analyst reports. Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Loop Capital boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Wedbush reiterated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Finally, UBS Group lowered their price target 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. Four equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

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.