Microsoft Co. (NASDAQ:MSFT) Stock Position Lowered by Albion Financial Group UT

Albion Financial Group UT lowered its stake in Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 137,596 shares of the software giant’s stock after selling 1,838 shares during the period. Microsoft makes up approximately 4.0% of Albion Financial Group UT’s holdings, making the stock its 4th largest holding. Albion Financial Group UT’s holdings in Microsoft were worth $57,997,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Christopher J. Hasenberg Inc increased its holdings in shares of Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after buying an additional 25 shares during the period. IFS Advisors LLC increased its holdings 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 Microsoft during the 2nd quarter valued at about $45,000. Avondale Wealth Management increased its holdings in 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 purchasing an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. purchased a new position in Microsoft during the 3rd quarter valued at about $62,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MSFT. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. DA Davidson restated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a report on Thursday, January 30th. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Finally, Loop Capital boosted their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Four analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $509.54.

Microsoft Stock Performance

MSFT stock opened at $393.31 on Monday. The stock has a market capitalization of $2.92 trillion, a PE ratio of 31.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12-month low of $381.00 and a 12-month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock’s 50 day simple moving average is $416.40 and its 200 day simple moving average is $421.85.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the previous year, the firm posted $2.93 EPS. As a group, research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal 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.