Microsoft Co. (NASDAQ:MSFT) Stock Position Decreased by Libra Wealth LLC

Libra Wealth LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,991 shares of the software giant’s stock after selling 165 shares during the quarter. Microsoft makes up approximately 1.6% of Libra Wealth LLC’s portfolio, making the stock its 15th largest position. Libra Wealth LLC’s holdings in Microsoft were worth $4,211,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Christopher J. Hasenberg Inc boosted its holdings in Microsoft by 35.7% in the third 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 grew its stake in shares of Microsoft by 53.8% in 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 last quarter. Avondale Wealth Management increased its holdings in shares of 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 purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in Microsoft in the 3rd quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft in the fourth quarter valued at $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Price Performance

MSFT opened at $386.84 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock’s 50 day moving average price is $409.38 and its 200-day moving average price is $419.85. The stock has a market capitalization of $2.88 trillion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the firm earned $2.93 EPS. On average, equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is presently 26.73%.

Analyst Ratings Changes

MSFT has been the topic of a number of analyst reports. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and upped their price target for the company from $425.00 to $450.00 in a research report on Thursday, March 13th. Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $510.59.

Microsoft 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.