Vishria Bird Financial Group LLC Cuts Holdings in Microsoft Co. (NASDAQ:MSFT)

Vishria Bird Financial Group LLC trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 36,089 shares of the software giant’s stock after selling 281 shares during the quarter. Microsoft comprises 5.3% of Vishria Bird Financial Group LLC’s portfolio, making the stock its 5th largest position. Vishria Bird Financial Group LLC’s holdings in Microsoft were worth $15,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Christopher J. Hasenberg Inc boosted its holdings in 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 buying an additional 25 shares in the last quarter. Quarry LP bought a new position in Microsoft in the 2nd quarter worth $45,000. IFS Advisors LLC boosted its position in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management increased its stake in Microsoft by 144.4% during 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 Microsoft during the third quarter worth about $62,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $378.77 on Friday. The stock has a 50-day moving average price of $413.12 and a two-hundred day moving average price of $420.77. The company has a market capitalization of $2.82 trillion, a PE ratio of 30.50, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $376.91 and a 12 month 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.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 period in the previous year, the firm earned $2.93 EPS. Analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently announced 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 0.88%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.

Analyst Ratings Changes

A number of equities analysts have commented on MSFT shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. 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. Mizuho reduced their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. UBS Group dropped their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Finally, Loop Capital raised 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. Three investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average 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.