Microsoft Co. (NASDAQ:MSFT) Stock Position Raised by D.B. Root & Company LLC

D.B. Root & Company LLC lifted its position in Microsoft Co. (NASDAQ:MSFT) by 10.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,384 shares of the software giant’s stock after acquiring an additional 1,046 shares during the quarter. Microsoft makes up about 1.5% of D.B. Root & Company LLC’s holdings, making the stock its 16th biggest holding. D.B. Root & Company LLC’s holdings in Microsoft were worth $4,799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Echo45 Advisors LLC lifted its position in Microsoft by 1.0% in the 4th quarter. Echo45 Advisors LLC now owns 4,772 shares of the software giant’s stock worth $2,020,000 after buying an additional 45 shares in the last quarter. Olistico Wealth LLC lifted its position in Microsoft by 3.6% in the 4th quarter. Olistico Wealth LLC now owns 6,658 shares of the software giant’s stock worth $2,806,000 after buying an additional 232 shares in the last quarter. True North Advisors LLC lifted its position in Microsoft by 38.1% in the 4th quarter. True North Advisors LLC now owns 31,646 shares of the software giant’s stock worth $13,339,000 after buying an additional 8,735 shares in the last quarter. Traynor Capital Management Inc. lifted its position in Microsoft by 7.1% in the 4th quarter. Traynor Capital Management Inc. now owns 52,911 shares of the software giant’s stock worth $22,302,000 after buying an additional 3,519 shares in the last quarter. Finally, Independent Wealth Network Inc. lifted its position in Microsoft by 6.4% in the 4th quarter. Independent Wealth Network Inc. now owns 10,171 shares of the software giant’s stock worth $4,287,000 after buying an additional 614 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Down 3.3 %

Shares of MSFT stock opened at $380.16 on Tuesday. Microsoft Co. has a fifty-two week low of $377.22 and a fifty-two 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. The firm has a market capitalization of $2.83 trillion, a PE ratio of 30.61, a P/E/G ratio of 2.21 and a beta of 0.92. The stock’s 50-day simple moving average is $415.50 and its 200-day simple moving average is $421.54.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 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 period in the prior year, the business earned $2.93 EPS. Equities analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MSFT shares. UBS Group cut their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Piper Sandler restated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. DA Davidson restated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Stifel Nicolaus dropped their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $509.54.

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.