Microsoft Co. (NASDAQ:MSFT) Shares Purchased by apricus wealth LLC

apricus wealth LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,303 shares of the software giant’s stock after purchasing an additional 92 shares during the period. apricus wealth LLC’s holdings in Microsoft were worth $1,814,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of MSFT. WFA Asset Management Corp raised its holdings in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. grew its position in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after acquiring an additional 38 shares during the last quarter. Granite FO LLC bought a new position in shares of Microsoft during the second quarter worth about $1,707,000. William B. Walkup & Associates Inc. bought a new position in shares of Microsoft during the second quarter worth about $1,537,000. Finally, Wallace Advisory Group LLC grew its position in shares of Microsoft by 6.9% during the second quarter. Wallace Advisory Group LLC now owns 7,574 shares of the software giant’s stock worth $3,385,000 after acquiring an additional 492 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent research reports. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Stifel Nicolaus lowered their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research report on Friday, March 7th. Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Mizuho lowered their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $510.43.

Microsoft Price Performance

MSFT stock opened at $388.56 on Friday. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35. The firm has a 50-day moving average of $412.43 and a two-hundred day moving average of $420.55. The firm has a market capitalization of $2.89 trillion, a PE ratio of 31.29, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 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 period in the prior year, the firm posted $2.93 earnings per share. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.85%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

About Microsoft

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.