Oregon Pacific Wealth Management LLC Invests $5.62 Million in Microsoft Co. (NASDAQ:MSFT)

Oregon Pacific Wealth Management LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,330 shares of the software giant's stock, valued at approximately $5,619,000. Microsoft accounts for about 5.5% of Oregon Pacific Wealth Management LLC's investment portfolio, making the stock its 2nd biggest holding.

A number of other large investors have also made changes to their positions in the stock. Geode Capital Management LLC raised its stake in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock valued at $20,322,513,000 after purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after buying an additional 406,940 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

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Microsoft Trading Down 2.0 %

Shares of NASDAQ:MSFT traded down $7.63 during mid-day trading on Monday, reaching $371.17. The stock had a trading volume of 12,866,771 shares, compared to its average volume of 20,496,477. The firm has a 50 day simple moving average of $405.52 and a two-hundred day simple moving average of $419.10. Microsoft Co. has a twelve month low of $367.31 and a twelve month high of $468.35. The firm has a market cap of $2.76 trillion, a PE ratio of 29.86, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

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 for the quarter, topping analysts' consensus estimates 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 in the previous year, the business earned $2.93 EPS. On average, research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders 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 dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on MSFT shares. Royal Bank of Canada reiterated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Piper Sandler restated an "overweight" rating and issued a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Jefferies Financial Group decreased their price objective on shares of Microsoft from $550.00 to $500.00 and set a "buy" rating on the stock in a research note on Monday. Finally, Tigress Financial boosted their target price on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $508.86.

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.