Eagle Bluffs Wealth Management LLC Decreases Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Eagle Bluffs Wealth Management LLC reduced its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,918 shares of the software giant’s stock after selling 166 shares during the period. Microsoft makes up 2.0% of Eagle Bluffs Wealth Management LLC’s portfolio, making the stock its 11th largest holding. Eagle Bluffs Wealth Management LLC’s holdings in Microsoft were worth $3,759,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. BCK Partners Inc. boosted its holdings in shares of Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares during the last quarter. Sequent Asset Management LLC lifted its position in Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after buying an additional 25 shares during the period. Cypress Point Wealth Management LLC lifted its position in Microsoft by 0.8% during the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after buying an additional 25 shares during the period. Riverstone Advisors LLC boosted its stake in Microsoft by 0.6% in the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after buying an additional 25 shares during the last quarter. Finally, Boulder Wealth Advisors LLC grew its holdings in Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock valued at $1,106,000 after buying an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Up 0.2 %

MSFT stock opened at $390.58 on Friday. 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 50 day simple moving average of $406.52 and a 200-day simple moving average of $419.25. The company has a market capitalization of $2.90 trillion, a P/E ratio of 31.45, a PEG ratio of 2.21 and a beta of 0.92. Microsoft Co. has a twelve month low of $376.91 and a twelve month 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the company posted $2.93 earnings per share. On average, equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed 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. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.

Analysts Set New Price Targets

MSFT has been the subject of a number of recent analyst reports. UBS Group lowered their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Stifel Nicolaus dropped their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday, March 7th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Wedbush reissued an “outperform” rating and set a $550.00 price target on shares of Microsoft in a research report on Thursday, March 20th. Finally, DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $425.00 to $450.00 in a report on Thursday, March 13th. Three analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.