Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Holistic Planning LLC

Holistic Planning LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,897 shares of the software giant’s stock after acquiring an additional 239 shares during the period. Microsoft makes up approximately 1.7% of Holistic Planning LLC’s investment portfolio, making the stock its 11th largest position. Holistic Planning LLC’s holdings in Microsoft were worth $4,593,000 as of its most recent SEC filing.

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

Microsoft Stock Down 3.0 %

MSFT stock opened at $378.80 on Friday. The stock has a market cap of $2.82 trillion, a P/E ratio of 30.50, a PEG ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 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. The company’s 50 day moving average is $405.52 and its two-hundred day moving average is $419.06.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the firm earned $2.93 earnings per share. Research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders 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 dividend yield of 0.88%. Microsoft’s payout ratio is 26.73%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MSFT shares. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and upped their target price for the company from $425.00 to $450.00 in a research report on Thursday, March 13th. Loop Capital lifted their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Morgan Stanley lowered their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, Mizuho cut their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to data from MarketBeat, the company 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.