Microsoft Co. (NASDAQ:MSFT) Stake Boosted by ODonnell Financial Services LLC

ODonnell Financial Services LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,846 shares of the software giant’s stock after purchasing an additional 53 shares during the period. Microsoft accounts for 0.5% of ODonnell Financial Services LLC’s portfolio, making the stock its 22nd largest position. ODonnell Financial Services LLC’s holdings in Microsoft were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its stake in shares of Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Microsoft by 76.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after purchasing an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. boosted its position in shares of Microsoft by 46.1% in 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 increased its stake in Microsoft by 4.1% in the 3rd 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 purchasing an additional 2,125,030 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of recent analyst reports. Loop Capital raised their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Mizuho lowered their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Tigress Financial increased their price objective on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Finally, Stifel Nicolaus decreased their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus price target of $510.59.

Microsoft Trading Down 1.3 %

NASDAQ MSFT opened at $389.97 on Thursday. The business’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 current ratio of 1.35 and a quick ratio of 1.34. The stock has a market capitalization of $2.90 trillion, a price-to-earnings ratio of 31.40, a PEG ratio of 2.21 and a beta of 0.92. Microsoft Co. has a one year low of $376.91 and a one year 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 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 company posted $2.93 earnings per share. Equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 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.