Sloy Dahl & Holst LLC Acquires 534 Shares of Microsoft Co. (NASDAQ:MSFT)

Sloy Dahl & Holst LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,318 shares of the software giant’s stock after purchasing an additional 534 shares during the quarter. Microsoft makes up approximately 0.8% of Sloy Dahl & Holst LLC’s investment portfolio, making the stock its 12th biggest position. Sloy Dahl & Holst LLC’s holdings in Microsoft were worth $6,035,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. WFA Asset Management Corp raised its position in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. increased its holdings in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after acquiring an additional 38 shares during the last quarter. AMF Tjanstepension AB increased its holdings in Microsoft by 1.8% in 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 acquiring an additional 49,735 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in Microsoft by 41.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 173,303 shares of the software giant’s stock worth $74,572,000 after purchasing an additional 50,630 shares in the last quarter. Finally, MorganRosel Wealth Management LLC grew its position in shares of Microsoft by 3.2% during the third quarter. MorganRosel Wealth Management LLC now owns 5,631 shares of the software giant’s stock valued at $2,423,000 after purchasing an additional 175 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $378.80 on Monday. The firm’s 50 day simple moving average is $405.52 and its 200-day simple moving average is $419.10. 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 one year low of $376.91 and a one year high of $468.35. The firm 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 (NASDAQ:MSFT) last released its quarterly earnings data 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the prior year, the company posted $2.93 EPS. As a group, equities analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on MSFT shares. Piper Sandler reiterated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Wedbush reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th. Mizuho cut their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and upped their price target for the company from $425.00 to $450.00 in a research note on Thursday, March 13th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.