Microsoft Co. (NASDAQ:MSFT) is Yousif Capital Management LLC’s 3rd Largest Position

Yousif Capital Management LLC decreased its position in Microsoft Co. (NASDAQ:MSFT) by 2.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 920,711 shares of the software giant’s stock after selling 24,074 shares during the quarter. Microsoft comprises about 4.3% of Yousif Capital Management LLC’s holdings, making the stock its 3rd largest position. Yousif Capital Management LLC’s holdings in Microsoft were worth $388,080,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MSFT. BCK Partners Inc. grew its stake in shares of Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares during the period. Muirfield Wealth Advisors LLC boosted its holdings in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after buying an additional 24 shares during the last quarter. Sequent Asset Management LLC grew its position in shares of 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 buying an additional 25 shares during the period. Cypress Point Wealth Management LLC increased its stake in shares of Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after acquiring an additional 25 shares during the last quarter. Finally, Riverstone Advisors LLC increased its stake in shares of Microsoft by 0.6% in the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock valued at $1,941,000 after acquiring an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Scotiabank started coverage on shares of Microsoft in a report on Thursday, March 20th. They set a “sector outperform” rating and a $470.00 price objective for the company. DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and boosted their price target for the company from $425.00 to $450.00 in a report on Thursday, March 13th. UBS Group reduced their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Finally, Morgan Stanley cut their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

Microsoft Stock Up 1.8 %

MSFT stock opened at $382.19 on Wednesday. Microsoft Co. has a twelve month low of $367.24 and a twelve month high of $468.35. The company has a market cap of $2.84 trillion, a price-to-earnings ratio of 30.77, 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. The business has a 50 day moving average price of $403.52 and a two-hundred day moving average price of $418.45.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 previous year, the firm earned $2.93 earnings per share. Analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. Microsoft’s 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.