Endeavor Private Wealth Inc. Purchases Shares of 399 Microsoft Co. (NASDAQ:MSFT)

Endeavor Private Wealth Inc. purchased a new stake in shares of Microsoft Co. (NASDAQ:MSFT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 399 shares of the software giant’s stock, valued at approximately $168,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WFA Asset Management Corp lifted its position 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 acquiring an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. lifted its holdings in shares of Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares in the last quarter. Beck Bode LLC lifted its holdings in shares of Microsoft by 37.3% in the second quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock valued at $17,856,000 after purchasing an additional 10,847 shares in the last quarter. Caxton Associates LP lifted its holdings in shares of Microsoft by 80.8% in the second quarter. Caxton Associates LP now owns 341,905 shares of the software giant’s stock valued at $152,814,000 after purchasing an additional 152,761 shares in the last quarter. Finally, Wick Capital Partners LLC purchased a new stake in shares of Microsoft in the second quarter valued at $1,360,000. 71.13% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. DA Davidson restated a “neutral” rating and issued a $425.00 target price on shares of Microsoft in a report on Thursday, January 30th. Cantor Fitzgerald restated an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Wedbush restated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Finally, Piper Sandler reiterated an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Four research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus target price of $509.54.

Microsoft Stock Up 0.1 %

MSFT stock opened at $380.45 on Wednesday. Microsoft Co. has a twelve month low of $376.91 and a twelve month high of $468.35. The company has a market cap of $2.83 trillion, a PE ratio of 30.63, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The business’s 50-day simple moving average is $414.68 and its 200 day simple moving average is $421.30. 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 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. On average, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.87%. Microsoft’s dividend payout ratio is 26.73%.

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.