Mokosak Advisory Group LLC purchased a new position in shares of Microsoft Co. (NASDAQ:MSFT – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 542 shares of the software giant’s stock, valued at approximately $228,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Net Worth Advisory Group acquired a new stake in Microsoft during the 3rd quarter valued at approximately $2,645,000. Adamsbrown Wealth Consultants LLC raised its holdings in shares of Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock worth $2,515,000 after purchasing an additional 130 shares during the last quarter. Oak Ridge Investments LLC lifted its position in Microsoft by 7.6% during the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. boosted its holdings in Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after purchasing an additional 1,489 shares during the last quarter. Finally, Campbell Wealth Management acquired a new stake in Microsoft during the 3rd quarter worth about $3,314,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on MSFT. Tigress Financial lifted their target price on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. UBS Group lowered their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Stifel Nicolaus dropped their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday, March 7th. Three investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $510.59.
Microsoft Price Performance
Shares of MSFT opened at $378.80 on Monday. The firm has a fifty day moving average price of $405.52 and a 200 day moving average price of $419.10. 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. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.
Microsoft (NASDAQ:MSFT – Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.88%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is presently 26.73%.
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.
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