Microsoft Co. (NASDAQ:MSFT) Holdings Increased by DGS Capital Management LLC

DGS Capital Management LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,595 shares of the software giant’s stock after purchasing an additional 690 shares during the quarter. Microsoft accounts for approximately 2.6% of DGS Capital Management LLC’s holdings, making the stock its 5th biggest holding. DGS Capital Management LLC’s holdings in Microsoft were worth $10,367,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Christopher J. Hasenberg Inc raised its position in Microsoft by 35.7% in 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 during the period. Quarry LP purchased a new stake in Microsoft in the 2nd quarter worth about $45,000. IFS Advisors LLC increased its position in shares of 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. Avondale Wealth Management increased its position in shares of Microsoft by 144.4% during the fourth 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 period. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft during the third quarter worth approximately $62,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of MSFT opened at $388.56 on Friday. The company has a market cap of $2.89 trillion, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a twelve month low of $376.91 and a twelve month high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $412.43 and a two-hundred day moving average of $420.55.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 period in the prior year, the business earned $2.93 earnings per share. As a group, analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. Microsoft’s payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of research reports. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and raised their target price for the stock from $425.00 to $450.00 in a research report on Thursday. UBS Group reduced their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Mizuho reduced their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $510.43.

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.