LifeGuide Financial Advisors LLC Has $564,000 Position in Microsoft Co. (NASDAQ:MSFT)

LifeGuide Financial Advisors LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 54.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,338 shares of the software giant’s stock after purchasing an additional 472 shares during the quarter. Microsoft accounts for 0.2% of LifeGuide Financial Advisors LLC’s investment portfolio, making the stock its 27th biggest holding. LifeGuide Financial Advisors LLC’s holdings in Microsoft were worth $564,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MSFT. Christopher J. Hasenberg Inc raised its stake in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares during the period. IFS Advisors LLC raised its stake in 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. Quarry LP purchased a new position in shares of Microsoft during the 2nd quarter valued at $45,000. Avondale Wealth Management grew its holdings in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft during the 3rd quarter valued at $62,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSFT. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Loop Capital boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $509.54.

Microsoft Trading Down 0.9 %

Shares of NASDAQ:MSFT opened at $393.31 on Monday. The company has a market cap of $2.92 trillion, a P/E ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92. The stock’s 50-day moving average is $416.40 and its 200-day moving average is $421.85. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35. 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 (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 prior year, the firm earned $2.93 EPS. Equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

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.