Key Client Fiduciary Advisors LLC Cuts Position in Microsoft Co. (NASDAQ:MSFT)

Key Client Fiduciary Advisors LLC lessened its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,849 shares of the software giant’s stock after selling 124 shares during the quarter. Microsoft accounts for approximately 4.4% of Key Client Fiduciary Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Key Client Fiduciary Advisors LLC’s holdings in Microsoft were worth $10,052,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. WFA Asset Management Corp boosted its position 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 acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. boosted its position 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 acquiring an additional 38 shares during the period. Beck Bode LLC boosted its position in shares of Microsoft by 37.3% in the second quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock valued at $17,856,000 after acquiring an additional 10,847 shares during the period. Caxton Associates LP boosted its position in shares of Microsoft by 80.8% in the second quarter. Caxton Associates LP now owns 341,905 shares of the software giant’s stock valued at $152,814,000 after acquiring an additional 152,761 shares during the period. Finally, Wick Capital Partners LLC bought a new stake in shares of Microsoft in the second quarter valued at about $1,360,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

MSFT stock opened at $380.45 on Wednesday. The firm’s 50-day moving average price is $414.68 and its two-hundred day moving average price is $421.30. The stock has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.21 and a beta of 0.92. 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 $376.91 and a 12-month high of $468.35.

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

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.87%. Microsoft’s payout ratio is currently 26.73%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MSFT shares. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Loop Capital upped their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Finally, Stifel Nicolaus cut their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and a consensus target price of $509.54.

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.