Lion Street Advisors LLC Purchases 227 Shares of Microsoft Co. (NASDAQ:MSFT)

Lion Street Advisors LLC increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,669 shares of the software giant’s stock after purchasing an additional 227 shares during the period. Microsoft makes up about 1.0% of Lion Street Advisors LLC’s investment portfolio, making the stock its 17th largest position. Lion Street Advisors LLC’s holdings in Microsoft were worth $3,232,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after acquiring an additional 38,422,466 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares during the period. Geode Capital Management LLC increased its position in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. raised its holdings in Microsoft by 46.1% during the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after buying an additional 2,222,483 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Microsoft by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Up 1.8 %

Microsoft stock opened at $382.19 on Wednesday. Microsoft Co. has a twelve month low of $367.24 and a twelve month high of $468.35. The business has a fifty day moving average of $403.52 and a two-hundred day moving average of $418.45. The firm has a market cap of $2.84 trillion, a P/E ratio of 30.77, 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 (NASDAQ:MSFT) last issued its quarterly earnings data 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the prior year, the company earned $2.93 EPS. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is currently 26.73%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MSFT. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Piper Sandler reiterated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Loop Capital raised their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Scotiabank initiated coverage on Microsoft in a research note on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 target price on the stock. Finally, UBS Group decreased their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $508.86.

About Microsoft

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.