Country Club Bank Boosts Stake in Microsoft Co. (NASDAQ:MSFT)

Country Club Bank raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 93,618 shares of the software giant’s stock after purchasing an additional 148 shares during the period. Microsoft accounts for approximately 2.7% of Country Club Bank’s portfolio, making the stock its 4th largest holding. Country Club Bank’s holdings in Microsoft were worth $39,772,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Net Worth Advisory Group purchased a new stake in Microsoft in the 3rd quarter worth about $2,645,000. Adamsbrown Wealth Consultants LLC increased its stake in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock worth $2,515,000 after purchasing an additional 130 shares in the last quarter. Oak Ridge Investments LLC raised its position in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares during the period. Focus Financial Network Inc. lifted its stake in shares of Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after buying an additional 1,489 shares in the last quarter. Finally, Campbell Wealth Management bought a new position in Microsoft in the 3rd quarter worth approximately $3,314,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Up 1.8 %

Shares of NASDAQ MSFT opened at $382.19 on Wednesday. The stock has a market capitalization of $2.84 trillion, a P/E ratio of 30.77, a PEG ratio of 2.21 and a beta of 0.92. Microsoft Co. has a one year low of $367.24 and a one year high of $468.35. The firm’s 50 day simple moving average is $403.52 and its two-hundred day simple moving average is $418.45. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last released its 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 quarter last year, the company posted $2.93 EPS. As a group, analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of analyst reports. Jefferies Financial Group lowered their target price on shares of Microsoft from $550.00 to $500.00 and set a “buy” rating on the stock in a report on Monday. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Mizuho cut 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. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Finally, UBS Group cut their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $508.86.

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.