CFM Wealth Partners LLC Has $20.96 Million Position in Microsoft Co. (NASDAQ:MSFT)

CFM Wealth Partners LLC lessened its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,720 shares of the software giant’s stock after selling 91 shares during the quarter. Microsoft makes up about 3.5% of CFM Wealth Partners LLC’s portfolio, making the stock its 5th biggest position. CFM Wealth Partners LLC’s holdings in Microsoft were worth $20,957,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. WFA Asset Management Corp boosted its stake in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. lifted its holdings in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares during the last quarter. AMF Tjanstepension AB lifted its holdings in shares of Microsoft by 1.8% during the 3rd quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock valued at $1,204,664,000 after purchasing an additional 49,735 shares during the last quarter. Hilltop Wealth Advisors LLC boosted its position in shares of Microsoft by 180.8% in the 3rd quarter. Hilltop Wealth Advisors LLC now owns 5,414 shares of the software giant’s stock worth $2,330,000 after purchasing an additional 3,486 shares in the last quarter. Finally, Walker Financial Services Inc. grew its stake in Microsoft by 0.9% during the 3rd quarter. Walker Financial Services Inc. now owns 8,347 shares of the software giant’s stock worth $3,592,000 after buying an additional 78 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Down 3.0 %

MSFT opened at $378.80 on Friday. The company has a fifty day moving average of $405.52 and a two-hundred day moving average of $418.97. 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. The stock has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 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 period last year, the firm posted $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently disclosed 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. This represents a $3.32 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of research analyst reports. Piper Sandler reiterated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Mizuho decreased their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Wedbush reissued an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Finally, Scotiabank started coverage on shares of Microsoft in a research note on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price objective for the company. Three analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average 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.