Microsoft Co. (NASDAQ:MSFT) is Madrona Financial Services LLC’s 5th Largest Position

Madrona Financial Services LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,433 shares of the software giant’s stock after purchasing an additional 358 shares during the quarter. Microsoft comprises 6.9% of Madrona Financial Services LLC’s holdings, making the stock its 5th biggest position. Madrona Financial Services LLC’s holdings in Microsoft were worth $25,472,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Christopher J. Hasenberg Inc increased its stake in shares of Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares during the period. IFS Advisors LLC increased its stake in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares during the period. Quarry LP acquired a new stake in shares of Microsoft in the second quarter worth $45,000. Avondale Wealth Management increased its stake in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft in the third quarter worth $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MSFT shares. UBS Group cut their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Mizuho decreased their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Finally, Wedbush reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $509.54.

Microsoft Stock Up 0.1 %

Shares of Microsoft stock opened at $380.45 on Wednesday. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35. The company has a 50 day moving average of $414.68 and a 200 day moving average of $421.30. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.83 trillion, a P/E ratio of 30.63, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the company earned $2.93 earnings per share. As a group, research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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

About Microsoft

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.