B.O.S.S. Retirement Advisors LLC Has $6.22 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

B.O.S.S. Retirement Advisors LLC trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 72.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,756 shares of the software giant’s stock after selling 38,260 shares during the quarter. Microsoft makes up about 1.7% of B.O.S.S. Retirement Advisors LLC’s portfolio, making the stock its 11th largest holding. B.O.S.S. Retirement Advisors LLC’s holdings in Microsoft were worth $6,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in MSFT. Christopher J. Hasenberg Inc grew 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 acquiring an additional 25 shares during the last quarter. Quarry LP bought a new stake in Microsoft during the 2nd quarter worth approximately $45,000. IFS Advisors LLC grew its holdings in Microsoft by 53.8% during the 4th 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 last quarter. Avondale Wealth Management grew 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 Microsoft during the 3rd quarter worth approximately $62,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on MSFT. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Stifel Nicolaus reduced their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Wedbush reaffirmed an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $510.43.

Microsoft Stock Performance

MSFT opened at $388.56 on Friday. 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 company’s fifty day moving average price is $412.43 and its two-hundred day moving average price is $420.55. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company has a market cap of $2.89 trillion, a price-to-earnings ratio of 31.29, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the business earned $2.93 EPS. On average, analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced 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 of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. Microsoft’s dividend payout ratio is currently 26.73%.

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.