Blue Square Asset Management LLC Has $3.64 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Blue Square Asset Management LLC boosted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,639 shares of the software giant’s stock after buying an additional 181 shares during the period. Microsoft comprises 1.8% of Blue Square Asset Management LLC’s portfolio, making the stock its 18th largest holding. Blue Square Asset Management LLC’s holdings in Microsoft were worth $3,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MSFT. BCK Partners Inc. lifted its stake in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares during the period. Global Wealth Strategies & Associates increased its stake in shares of Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after acquiring an additional 25 shares during the last quarter. Christopher J. Hasenberg Inc raised its position in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares during the period. Sequent Asset Management LLC boosted its stake in Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after acquiring an additional 25 shares during the last quarter. Finally, Cypress Point Wealth Management LLC grew its holdings in Microsoft by 0.8% during the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after purchasing an additional 25 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 2.6 %

Shares of NASDAQ:MSFT opened at $388.56 on Friday. The stock has a market cap 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 quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. The business has a 50 day moving average of $412.43 and a 200-day moving average of $420.59.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 last year, the business posted $2.93 EPS. As a group, equities research analysts forecast 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. Investors of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio is 26.73%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MSFT shares. Morgan Stanley reduced their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Wedbush reiterated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Piper Sandler restated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, Stifel Nicolaus lowered their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th. Three research analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average price target of $510.43.

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.