PCA Investment Advisory Services Inc. Has $4.49 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

PCA Investment Advisory Services Inc. grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,640 shares of the software giant’s stock after buying an additional 28 shares during the period. Microsoft accounts for about 2.1% of PCA Investment Advisory Services Inc.’s portfolio, making the stock its 13th biggest holding. PCA Investment Advisory Services Inc.’s holdings in Microsoft were worth $4,485,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Net Worth Advisory Group bought a new position in shares of Microsoft in the 3rd quarter valued at $2,645,000. Oak Ridge Investments LLC grew its position in Microsoft by 7.6% during the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after acquiring an additional 18,544 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Microsoft by 1.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock worth $882,816,000 after acquiring an additional 31,401 shares during the last quarter. Jacobs & Co. CA raised its stake in shares of Microsoft by 0.9% in the third quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock worth $41,318,000 after purchasing an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. raised its stake in shares of Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after purchasing an additional 1,489 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of MSFT opened at $408.25 on Friday. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35. The firm’s 50 day moving average price is $425.20 and its 200 day moving average price is $422.88. The company has a market cap of $3.03 trillion, a P/E ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. 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 announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 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 period in the prior year, the firm posted $2.93 EPS. On average, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is currently 26.73%.

Analyst Ratings Changes

Several analysts have recently commented on MSFT shares. Loop Capital increased their price objective on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Piper Sandler reissued an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. BMO Capital Markets cut their price target on Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Stifel Nicolaus lifted their price objective on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Finally, TD Cowen dropped their price objective on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Three analysts have rated the stock with a hold rating and twenty-seven have given 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 $510.96.

Insider Buying and Selling

In other news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $430.87, for a total value of $1,077,175.00. Following the completion of the sale, the chief marketing officer now owns 53,852 shares in the company, valued at approximately $23,203,211.24. This trade represents a 4.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 8,000 shares of company stock worth $3,493,820 in the last 90 days. Company insiders own 0.03% of the company’s stock.

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.