1,031 Shares in Microsoft Co. (NASDAQ:MSFT) Acquired by 5T Wealth LLC

5T Wealth LLC bought a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,031 shares of the software giant's stock, valued at approximately $435,000.

Other institutional investors have also recently made changes to their positions in the company. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft in the 4th quarter worth $38,000. IFS Advisors LLC boosted its position in Microsoft by 53.8% in 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 grew its stake in shares of Microsoft by 144.4% during the 4th 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. purchased a new stake in shares of Microsoft during the 3rd quarter valued at about $62,000. Finally, Kieckhefer Group LLC bought a new position in shares of Microsoft in the 4th quarter worth approximately $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on MSFT. Morgan Stanley cut their target price on shares of Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. BMO Capital Markets cut their price target on Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a report on Wednesday, April 16th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Finally, StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Five analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $494.80.

Microsoft Trading Up 2.4 %

MSFT traded up $9.05 on Thursday, hitting $383.44. The company had a trading volume of 3,335,207 shares, compared to its average volume of 21,192,031. The business's fifty day simple moving average is $385.70 and its 200 day simple moving average is $411.70. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a market cap of $2.85 trillion, a PE ratio of 30.83, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping 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 in the previous year, the business posted $2.93 earnings per share. Equities research analysts expect that Microsoft Co. will post 13.08 EPS for the current 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 paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 26.73%.

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.