TABR Capital Management LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

TABR Capital Management LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 749 shares of the software giant’s stock, valued at approximately $316,000. Microsoft accounts for approximately 0.3% of TABR Capital Management LLC’s portfolio, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MSFT. BCK Partners Inc. boosted its position in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after acquiring an additional 24 shares during the period. Global Wealth Strategies & Associates lifted its position in shares of Microsoft by 0.8% in the third quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock worth $1,290,000 after purchasing an additional 25 shares in the last quarter. Christopher J. Hasenberg Inc boosted its holdings in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the period. Sequent Asset Management LLC grew its position in Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after purchasing an additional 25 shares in the last quarter. Finally, Cypress Point Wealth Management LLC increased its stake in Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after buying an additional 25 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT stock opened at $383.27 on Thursday. Microsoft Co. has a 1 year low of $376.91 and a 1 year high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average is $413.92 and its 200-day moving average is $421.06. The firm has a market capitalization of $2.85 trillion, a price-to-earnings ratio of 30.86, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 business posted $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

Analysts Set New Price Targets

MSFT has been the topic of several research analyst reports. Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Loop Capital upped their target price on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $425.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target 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.