Kavar Capital Partners Group LLC Grows Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Kavar Capital Partners Group LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 41,070 shares of the software giant’s stock after purchasing an additional 325 shares during the quarter. Microsoft accounts for approximately 2.9% of Kavar Capital Partners Group LLC’s holdings, making the stock its 8th biggest holding. Kavar Capital Partners Group LLC’s holdings in Microsoft were worth $17,311,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. WFA Asset Management Corp grew its stake in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. grew its position in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after buying an additional 38 shares during the period. Alternative Investment Advisors LLC. bought a new position in Microsoft in the second quarter valued at approximately $4,538,000. Sage Advisors LLC raised its position in shares of Microsoft by 46.7% during the 2nd quarter. Sage Advisors LLC now owns 3,948 shares of the software giant’s stock valued at $1,765,000 after acquiring an additional 1,256 shares during the last quarter. Finally, Ashburton Jersey Ltd acquired a new stake in shares of Microsoft during the second quarter worth $27,649,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSFT. Piper Sandler reiterated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. UBS Group lowered their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Mizuho cut their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Finally, Stifel Nicolaus reduced their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $510.43.

Microsoft Stock Up 0.0 %

Microsoft stock opened at $388.70 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company’s 50-day moving average is $411.64 and its 200-day moving average is $420.49. The firm has a market capitalization of $2.89 trillion, a PE ratio of 31.30, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly 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 in the prior year, the firm earned $2.93 EPS. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. 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 0.85%. Microsoft’s dividend payout ratio (DPR) is 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.