Atlas Private Wealth Advisors Acquires 228 Shares of Microsoft Co. (NASDAQ:MSFT)

Atlas Private Wealth Advisors raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,983 shares of the software giant’s stock after buying an additional 228 shares during the period. Microsoft comprises about 1.1% of Atlas Private Wealth Advisors’ holdings, making the stock its 21st largest position. Atlas Private Wealth Advisors’ holdings in Microsoft were worth $7,581,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MSFT. Christopher J. Hasenberg Inc increased its holdings in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares in the last quarter. IFS Advisors LLC raised its position in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares during the last quarter. Quarry LP bought a new position in Microsoft during the 2nd quarter valued at $45,000. Avondale Wealth Management boosted its holdings in Microsoft by 144.4% during the 4th 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 last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft in the 3rd quarter worth $62,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Down 1.2 %

Shares of NASDAQ:MSFT opened at $378.77 on Friday. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35. The stock has a market cap of $2.82 trillion, a P/E ratio of 30.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The business’s 50 day moving average is $413.12 and its 200 day moving average is $420.77. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

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

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.88%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Ratings Changes

MSFT has been the topic of several analyst reports. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Piper Sandler reissued an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Three analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.43.

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.