PCG Wealth Advisors LLC Acquires 188 Shares of Microsoft Co. (NASDAQ:MSFT)

PCG Wealth Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,850 shares of the software giant’s stock after acquiring an additional 188 shares during the period. PCG Wealth Advisors LLC’s holdings in Microsoft were worth $2,887,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC raised its position in Microsoft by 48,526.1% during the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Microsoft by 76.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after buying an additional 4,568,539 shares during the period. Geode Capital Management LLC raised its position in shares of Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. lifted its stake in shares of Microsoft by 46.1% in the third quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock worth $3,032,859,000 after acquiring an additional 2,222,483 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Microsoft by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after acquiring an additional 2,125,030 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on MSFT shares. Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Loop Capital boosted their target price on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. UBS Group decreased their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, Mizuho decreased their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.43.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $378.77 on Friday. Microsoft Co. has a 12 month low of $376.91 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 company has a 50-day moving average price of $413.12 and a 200-day moving average price of $420.77. The company has a market cap of $2.82 trillion, a price-to-earnings ratio of 30.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 last year, the company posted $2.93 earnings per share. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. Microsoft’s payout ratio is presently 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.