FCG Investment Co Has $12.99 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

FCG Investment Co boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,818 shares of the software giant’s stock after purchasing an additional 2,817 shares during the quarter. Microsoft makes up 7.9% of FCG Investment Co’s investment portfolio, making the stock its 2nd largest position. FCG Investment Co’s holdings in Microsoft were worth $12,990,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. WFA Asset Management Corp increased its stake in Microsoft by 27.0% in the first 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. increased its stake in 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 acquiring an additional 38 shares during the last quarter. Beck Bode LLC increased its stake in 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 acquiring an additional 10,847 shares during the last quarter. Caxton Associates LP increased its stake in 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 acquiring an additional 152,761 shares during the last quarter. Finally, Wick Capital Partners LLC bought a new position in shares of Microsoft during the second quarter valued at about $1,360,000. Institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Mizuho reduced their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. UBS Group reduced their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $509.54.

Microsoft Price Performance

MSFT stock opened at $380.45 on Wednesday. The firm has a 50 day moving average price of $414.68 and a 200-day moving average price of $421.30. Microsoft Co. has a 52-week low of $376.91 and a 52-week high of $468.35. The firm has a market capitalization of $2.83 trillion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.21 and a beta of 0.92. 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 (EPS) for the quarter, beating the consensus estimate 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 quarter last year, the business earned $2.93 earnings per share. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. Microsoft’s dividend payout ratio (DPR) is currently 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.