Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lessened by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. cut its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,483 shares of the software giant’s stock after selling 46 shares during the quarter. Microsoft accounts for 1.6% of Total Clarity Wealth Management Inc.’s portfolio, making the stock its 11th largest holding. Total Clarity Wealth Management Inc.’s holdings in Microsoft were worth $4,840,000 as of its most recent filing with the Securities & Exchange Commission.

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

Microsoft Trading Up 0.5 %

Shares of MSFT stock opened at $395.16 on Wednesday. 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 firm has a fifty day moving average of $407.93 and a 200-day moving average of $419.53. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35. The stock has a market cap of $2.94 trillion, a price-to-earnings ratio of 31.82, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 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 last year, the business posted $2.93 EPS. On average, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors 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 0.84%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Mizuho decreased their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Wedbush reissued an “outperform” rating and set a $550.00 price target on shares of Microsoft in a research report on Thursday, March 20th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. Finally, Scotiabank began coverage on Microsoft in a report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price 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.