Financial Advisory Partners LLC Sells 86 Shares of Microsoft Co. (NASDAQ:MSFT)

Financial Advisory Partners LLC lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,446 shares of the software giant’s stock after selling 86 shares during the quarter. Microsoft accounts for about 1.9% of Financial Advisory Partners LLC’s investment portfolio, making the stock its 9th largest position. Financial Advisory Partners LLC’s holdings in Microsoft were worth $5,667,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MSFT. Net Worth Advisory Group acquired a new stake in shares of Microsoft during the 3rd quarter valued at about $2,645,000. Adamsbrown Wealth Consultants LLC increased its position in Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after acquiring an additional 130 shares in the last quarter. Oak Ridge Investments LLC increased its stake in shares of Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after buying an additional 18,544 shares during the period. Focus Financial Network Inc. boosted its stake in shares of Microsoft by 2.0% in the 3rd 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 position in shares of Microsoft in the 3rd quarter valued at $3,314,000. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

MSFT stock opened at $382.14 on Thursday. The company has a market capitalization of $2.84 trillion, a P/E ratio of 30.77, a PEG ratio of 2.21 and a beta of 0.92. The company has a fifty day moving average price of $402.24 and a 200-day moving average price of $418.11. 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 52-week low of $367.24 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 previous year, the business posted $2.93 EPS. As a group, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

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 issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Mizuho cut their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a research note on Wednesday, January 29th. Westpark Capital initiated coverage on shares of Microsoft in a report on Tuesday. They set a “hold” rating for the company. Finally, Stifel Nicolaus reduced their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Four research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

Microsoft Company 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.