Nvwm LLC Has $16.02 Million Position in Microsoft Co. (NASDAQ:MSFT)

Nvwm LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,014 shares of the software giant’s stock after buying an additional 228 shares during the quarter. Microsoft comprises about 4.0% of Nvwm LLC’s holdings, making the stock its 3rd largest position. Nvwm LLC’s holdings in Microsoft were worth $16,023,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter worth $38,000. IFS Advisors LLC raised its stake in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management lifted its holdings in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Microsoft in the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft during the 4th quarter valued at about $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 1.8 %

Shares of MSFT stock opened at $382.19 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The business has a 50-day moving average of $403.52 and a 200 day moving average of $418.45. The stock has a market capitalization of $2.84 trillion, a PE ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 1-year low of $367.24 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last released 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 last year, the firm earned $2.93 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of a number of analyst reports. Jefferies Financial Group cut their price objective on shares of Microsoft from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Monday. Tigress Financial raised their price target on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a report on Thursday, March 20th. Westpark Capital began coverage on shares of Microsoft in a report on Tuesday. They issued a “hold” rating on the stock. Loop Capital lifted their price objective on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Finally, Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $508.86.

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.