Microsoft Co. (NASDAQ:MSFT) Shares Bought by Pacific Sage Partners LLC

Pacific Sage Partners LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 196,033 shares of the software giant’s stock after acquiring an additional 11,952 shares during the quarter. Microsoft comprises 18.8% of Pacific Sage Partners LLC’s portfolio, making the stock its biggest holding. Pacific Sage Partners LLC’s holdings in Microsoft were worth $82,628,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. acquired a new position in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC lifted its holdings in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares in the last quarter. Avondale Wealth Management boosted its position in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in Microsoft during the third quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter worth about $141,000. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.2 %

Shares of NASDAQ MSFT opened at $390.58 on Friday. The firm has a 50 day moving average price of $406.52 and a two-hundred day moving average price of $419.25. The stock has a market cap of $2.90 trillion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35. 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 (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 in the prior year, the business earned $2.93 earnings per share. As a group, equities analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. 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 0.85%. Microsoft’s payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wedbush restated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Morgan Stanley cut their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, Piper Sandler restated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus 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.