12,371 Shares in Microsoft Co. (NASDAQ:MSFT) Acquired by Corps Capital Advisors LLC

Corps Capital Advisors LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,371 shares of the software giant's stock, valued at approximately $5,214,000. Microsoft makes up 5.3% of Corps Capital Advisors LLC's holdings, making the stock its 3rd largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. acquired a new stake in Microsoft during the 4th quarter valued at $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after buying an additional 35 shares during the last quarter. Avondale Wealth Management lifted its position in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in Microsoft in the 4th quarter valued at about $141,000. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Up 3.4 %

Shares of NASDAQ:MSFT traded up $12.91 during midday trading on Thursday, reaching $387.30. The company's stock had a trading volume of 22,177,077 shares, compared to its average volume of 21,289,472. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. 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 firm has a 50 day moving average of $385.70 and a 200-day moving average of $411.70. The firm has a market capitalization of $2.88 trillion, a P/E ratio of 31.18, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 quarter in the prior year, the company earned $2.93 EPS. On average, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.86%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is 26.73%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Royal Bank of Canada reissued an "outperform" rating and set a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. BMO Capital Markets cut their price target on Microsoft from $490.00 to $470.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 16th. UBS Group decreased their price target on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $493.13.

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.