Goldstein Advisors LLC Grows Position in Microsoft Co. (NASDAQ:MSFT)

Goldstein Advisors LLC lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,639 shares of the software giant’s stock after buying an additional 335 shares during the period. Microsoft makes up 0.7% of Goldstein Advisors LLC’s portfolio, making the stock its 25th biggest position. Goldstein Advisors LLC’s holdings in Microsoft were worth $4,484,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Trust Co. of Oklahoma boosted its position in Microsoft by 2.6% in the fourth quarter. Trust Co. of Oklahoma now owns 28,294 shares of the software giant’s stock worth $11,926,000 after purchasing an additional 709 shares during the last quarter. Market Street Wealth Management Advisors LLC boosted its position in Microsoft by 14.9% in the fourth quarter. Market Street Wealth Management Advisors LLC now owns 4,164 shares of the software giant’s stock worth $1,755,000 after purchasing an additional 539 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC boosted its position in Microsoft by 1.2% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 13,158 shares of the software giant’s stock worth $5,546,000 after purchasing an additional 157 shares during the last quarter. Beacon Investment Advisory Services Inc. boosted its position in Microsoft by 5.9% in the fourth quarter. Beacon Investment Advisory Services Inc. now owns 175,591 shares of the software giant’s stock worth $74,012,000 after purchasing an additional 9,765 shares during the last quarter. Finally, Endeavor Private Wealth Inc. purchased a new position in Microsoft in the fourth quarter worth about $168,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MSFT shares. Loop Capital raised their price objective on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. DA Davidson reaffirmed a “neutral” rating and issued a $425.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Mizuho decreased their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Stifel Nicolaus decreased their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Finally, StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. 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 MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $509.54.

Microsoft Stock Performance

NASDAQ:MSFT opened at $380.45 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 1 year low of $376.91 and a 1 year high of $468.35. The stock’s 50 day simple moving average is $414.68 and its two-hundred day simple moving average is $421.30. The company has a market cap of $2.83 trillion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the business posted $2.93 earnings per share. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. Microsoft’s dividend payout ratio (DPR) is 26.73%.

Microsoft 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.