Oak Family Advisors LLC Has $5.89 Million Position in Microsoft Co. (NASDAQ:MSFT)

Oak Family Advisors LLC cut its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,978 shares of the software giant’s stock after selling 61 shares during the quarter. Microsoft accounts for about 2.1% of Oak Family Advisors LLC’s portfolio, making the stock its 15th biggest holding. Oak Family Advisors LLC’s holdings in Microsoft were worth $5,892,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft in the fourth quarter valued at approximately $38,000. IFS Advisors LLC grew its position in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management lifted its position 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 in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft during the 4th quarter worth about $141,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT stock opened at $378.80 on Friday. The business has a fifty day simple moving average of $405.52 and a 200 day simple moving average of $418.97. The company has a market cap of $2.82 trillion, a P/E ratio of 30.50, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $376.91 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates 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 in the previous year, the company earned $2.93 earnings per share. On average, sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal 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 issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is 26.73%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several analyst reports. Scotiabank started coverage on Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. Mizuho dropped their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and raised their target price for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Tigress Financial upped their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research report on Thursday, March 20th. Finally, Wedbush restated an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research note on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus price target of $510.59.

Microsoft Company 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.