Kercheville Advisors LLC Has $10.68 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Kercheville Advisors LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 6.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 25,331 shares of the software giant’s stock after acquiring an additional 1,483 shares during the period. Microsoft makes up approximately 4.1% of Kercheville Advisors LLC’s holdings, making the stock its 8th biggest position. Kercheville Advisors LLC’s holdings in Microsoft were worth $10,677,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. WFA Asset Management Corp grew its stake in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. lifted its stake in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after purchasing an additional 38 shares during the period. AMF Tjanstepension AB boosted its holdings in shares of Microsoft by 1.8% in the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant’s stock worth $1,204,664,000 after buying an additional 49,735 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in Microsoft by 11.0% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 36,763 shares of the software giant’s stock valued at $15,819,000 after buying an additional 3,654 shares during the period. Finally, Discipline Wealth Solutions LLC increased its holdings in Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock valued at $1,144,000 after buying an additional 2,138 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $382.14 on Thursday. 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 company has a market cap of $2.84 trillion, a price-to-earnings ratio of 30.77, a PEG 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. The stock’s 50 day simple moving average is $402.24 and its two-hundred day simple moving average is $418.11.

Microsoft (NASDAQ:MSFT) last released its quarterly 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the business earned $2.93 EPS. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on MSFT shares. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. DA Davidson upgraded Microsoft from a “neutral” rating to a “buy” rating and lifted their target price for the company from $425.00 to $450.00 in a research report on Thursday, March 13th. Cantor Fitzgerald restated an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, UBS Group cut their price objective 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 investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average target price 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.