Leisure Capital Management Has $10.30 Million Position in Microsoft Co. (NASDAQ:MSFT)

Leisure Capital Management increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 7.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,427 shares of the software giant’s stock after acquiring an additional 1,729 shares during the quarter. Microsoft comprises approximately 4.0% of Leisure Capital Management’s holdings, making the stock its 4th largest holding. Leisure Capital Management’s holdings in Microsoft were worth $10,296,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC lifted its position in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management boosted its stake in Microsoft by 144.4% during the fourth 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 in the 3rd quarter valued at $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft in the 4th quarter valued at $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Down 3.0 %

Shares of Microsoft 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 $419.06. The stock has a market cap of $2.82 trillion, a PE ratio of 30.50, a price-to-earnings-growth 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 12 month low of $376.91 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS 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 previous year, the firm posted $2.93 earnings per share. Research analysts predict 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. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.88%. Microsoft’s dividend payout ratio is 26.73%.

Analyst Ratings Changes

MSFT has been the topic of several recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Scotiabank started coverage on Microsoft in a research note on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price objective on the stock. Tigress Financial boosted their price target on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Three analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. Based on data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price 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.