Capital Insight Partners LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Capital Insight Partners LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,320 shares of the software giant’s stock after purchasing an additional 875 shares during the quarter. Microsoft accounts for 1.5% of Capital Insight Partners LLC’s portfolio, making the stock its 16th biggest holding. Capital Insight Partners LLC’s holdings in Microsoft were worth $8,565,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MSFT. WFA Asset Management Corp lifted its holdings in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares during the period. Ironwood Wealth Management LLC. increased its position in Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares during the last quarter. AMF Tjanstepension AB lifted its holdings in 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 acquiring an additional 49,735 shares during the period. SS&H Financial Advisors Inc. boosted its position in Microsoft by 8.9% in the third quarter. SS&H Financial Advisors Inc. now owns 44,685 shares of the software giant’s stock worth $19,228,000 after purchasing an additional 3,663 shares during the last quarter. Finally, Modus Advisors LLC grew its stake in shares of Microsoft by 9.3% during the 3rd quarter. Modus Advisors LLC now owns 16,731 shares of the software giant’s stock valued at $7,199,000 after purchasing an additional 1,430 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Piper Sandler reiterated an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research note on Monday, January 27th. Stifel Nicolaus dropped their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Mizuho lowered their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, Scotiabank started coverage on Microsoft in a research report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $510.59.

Microsoft Trading Down 1.3 %

Shares of MSFT opened at $389.97 on Thursday. The stock has a market capitalization of $2.90 trillion, a PE ratio of 31.40, a P/E/G ratio of 2.21 and a beta of 0.92. The company’s fifty day moving average is $407.20 and its 200 day moving average is $419.45. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the prior year, the firm posted $2.93 EPS. Sell-side analysts expect 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. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

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.