13,620 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by YANKCOM Partnership

YANKCOM Partnership acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,620 shares of the software giant’s stock, valued at approximately $5,741,000. Microsoft comprises 3.1% of YANKCOM Partnership’s portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in MSFT. Fiduciary Advisors Inc. purchased a new position in Microsoft during the 4th quarter valued at $38,000. IFS Advisors LLC lifted its position in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management boosted its stake in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the third quarter worth about $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the 4th quarter worth about $141,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

NASDAQ MSFT opened at $382.14 on Thursday. The company has a market cap of $2.84 trillion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock’s fifty day moving average price is $402.24 and its 200 day moving average price is $418.11. Microsoft Co. has a 1 year low of $367.24 and a 1 year high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 firm earned $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 disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Loop Capital boosted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Scotiabank began coverage on Microsoft in a research note on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price objective on the stock. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Finally, Jefferies Financial Group cut their price target on Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a research note on Monday. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

Microsoft Company 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.