Microsoft Co. (NASDAQ:MSFT) Shares Bought by Davis Capital Management

Davis Capital Management grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 6.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,077 shares of the software giant’s stock after acquiring an additional 309 shares during the quarter. Microsoft comprises approximately 1.7% of Davis Capital Management’s holdings, making the stock its 11th largest position. Davis Capital Management’s holdings in Microsoft were worth $2,140,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Barlow Wealth Partners Inc. raised its stake in shares of Microsoft by 1.6% in the 4th quarter. Barlow Wealth Partners Inc. now owns 93,627 shares of the software giant’s stock worth $39,914,000 after buying an additional 1,499 shares in the last quarter. XML Financial LLC raised its stake in shares of Microsoft by 2.1% in the 4th quarter. XML Financial LLC now owns 60,929 shares of the software giant’s stock worth $25,681,000 after buying an additional 1,252 shares in the last quarter. AFG Fiduciary Services Limited Partnership raised its stake in shares of Microsoft by 3.3% in the 4th quarter. AFG Fiduciary Services Limited Partnership now owns 994 shares of the software giant’s stock worth $424,000 after buying an additional 32 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Microsoft by 5.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,387,367 shares of the software giant’s stock worth $1,006,275,000 after buying an additional 131,743 shares in the last quarter. Finally, Traphagen Investment Advisors LLC raised its stake in shares of Microsoft by 1.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 13,809 shares of the software giant’s stock worth $5,821,000 after buying an additional 189 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT stock opened at $393.31 on Monday. The stock has a 50 day moving average of $416.40 and a two-hundred day moving average of $421.85. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35. The company has a market capitalization of $2.92 trillion, a P/E ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 prior year, the firm posted $2.93 earnings per share. As a group, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Piper Sandler reissued an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Mizuho cut their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Stifel Nicolaus dropped their price target on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Guggenheim reissued a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Four equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.