McAdam LLC Has $7.54 Million Position in Microsoft Co. (NASDAQ:MSFT)

McAdam LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 10.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,898 shares of the software giant’s stock after acquiring an additional 1,625 shares during the period. McAdam LLC’s holdings in Microsoft were worth $7,544,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of MSFT. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft during the fourth quarter worth about $38,000. IFS Advisors LLC increased its stake in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management raised its holdings in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in Microsoft in the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $141,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $390.58 on Friday. The stock has a market cap of $2.90 trillion, a PE ratio of 31.45, 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 quick ratio of 1.34 and a current ratio of 1.35. The firm has a 50-day moving average of $406.52 and a 200-day moving average of $419.25. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 prior year, the firm earned $2.93 earnings per share. On average, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MSFT shares. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Loop Capital increased their price objective on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Stifel Nicolaus cut their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Finally, Tigress Financial upped their price target on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research report on Thursday, March 20th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $510.59.

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.