Microsoft Co. (NASDAQ:MSFT) Shares Sold by Arcadia Wealth Management LLC

Arcadia Wealth Management LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,800 shares of the software giant’s stock after selling 139 shares during the period. Arcadia Wealth Management LLC’s holdings in Microsoft were worth $759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. WFA Asset Management Corp boosted its holdings in Microsoft by 27.0% in the 1st 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 in the last quarter. Ironwood Wealth Management LLC. lifted its holdings in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares during the period. AMF Tjanstepension AB boosted its stake in shares of Microsoft by 1.8% in the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after buying an additional 49,735 shares in the last quarter. Gill Capital Partners LLC grew its holdings in Microsoft by 3.4% during the third quarter. Gill Capital Partners LLC now owns 7,175 shares of the software giant’s stock worth $3,087,000 after acquiring an additional 234 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in Microsoft by 3.1% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 26,460 shares of the software giant’s stock worth $11,386,000 after acquiring an additional 797 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on MSFT shares. Piper Sandler restated an “overweight” rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. DA Davidson upgraded shares of Microsoft from a “neutral” rating to a “buy” rating and upped their target price for the stock from $425.00 to $450.00 in a research report on Thursday, March 13th. UBS Group reduced their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Morgan Stanley lowered their price target on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.59.

Microsoft Trading Up 0.5 %

MSFT opened at $393.08 on Tuesday. The stock has a market capitalization of $2.92 trillion, a PE ratio of 31.65, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. The firm’s fifty day moving average price is $408.34 and its 200 day moving average price is $419.63.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS 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 previous year, the business earned $2.93 EPS. As a group, research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm 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 $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

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.