Hamilton Point Investment Advisors LLC Has $23.33 Million Position in Microsoft Co. (NASDAQ:MSFT)

Hamilton Point Investment Advisors LLC raised its stake in Microsoft Co. (NASDAQ:MSFT) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,355 shares of the software giant’s stock after buying an additional 368 shares during the period. Microsoft makes up about 4.1% of Hamilton Point Investment Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Hamilton Point Investment Advisors LLC’s holdings in Microsoft were worth $23,332,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after buying an additional 38,422,466 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Microsoft by 76.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock worth $4,439,407,000 after acquiring an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC boosted its stake in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares during the period. Baillie Gifford & Co. raised its stake in Microsoft by 46.1% during the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after purchasing an additional 2,222,483 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Microsoft by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $393.08 on Tuesday. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company has a 50 day moving average of $408.34 and a 200-day moving average of $419.63. 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 firm has a market cap of $2.92 trillion, a price-to-earnings ratio of 31.65, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 prior year, the business posted $2.93 earnings per share. On average, equities analysts forecast 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. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is presently 26.73%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Tigress Financial upped their target price on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Loop Capital raised their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Finally, Scotiabank initiated coverage on shares of Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.59.

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.