Crown Oak Advisors LLC Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

Crown Oak Advisors LLC bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 895 shares of the software giant’s stock, valued at approximately $377,000. Microsoft comprises 0.2% of Crown Oak Advisors LLC’s holdings, making the stock its 25th biggest position.

Other hedge funds have also made changes to their positions in the company. Christopher J. Hasenberg Inc boosted its holdings in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after buying an additional 25 shares during the period. IFS Advisors LLC raised its stake in Microsoft by 53.8% during 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 bought a new position in Microsoft in the second quarter worth about $45,000. Avondale Wealth Management boosted its stake in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after acquiring an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft during the third quarter valued at approximately $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on MSFT. Wedbush reaffirmed an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a report on Tuesday, November 19th. Piper Sandler restated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Loop Capital raised their target price on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

Microsoft Trading Up 0.7 %

Shares of NASDAQ:MSFT opened at $383.27 on Thursday. The business has a 50 day moving average of $413.92 and a two-hundred day moving average of $421.06. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. The company has a market capitalization of $2.85 trillion, a PE ratio of 30.86, 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 (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 previous year, the company posted $2.93 EPS. As a group, analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. Microsoft’s payout ratio 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.