Microsoft Co. (NASDAQ:MSFT) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT reduced its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,604 shares of the software giant's stock after selling 859 shares during the quarter. Microsoft comprises about 2.6% of Alliance Wealth Advisors LLC UT's portfolio, making the stock its 3rd biggest position. Alliance Wealth Advisors LLC UT's holdings in Microsoft were worth $9,949,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft in the fourth quarter valued at about $38,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management lifted its position in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft during the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC bought a new position in Microsoft in the fourth quarter worth approximately $141,000. 71.13% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group dropped their target price on Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Loop Capital raised their price objective on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, December 23rd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Finally, Morgan Stanley reduced their price objective on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus target price of $508.86.

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Microsoft Stock Performance

NASDAQ MSFT traded up $6.80 on Tuesday, reaching $382.19. 19,430,156 shares of the company's stock traded hands, compared to its average volume of 20,577,346. Microsoft Co. has a fifty-two week low of $367.24 and a fifty-two week high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm has a market cap of $2.84 trillion, a price-to-earnings ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92. The stock has a 50 day moving average price of $404.45 and a 200-day moving average price of $418.77.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued 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 prior year, the business earned $2.93 EPS. Equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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 issued a dividend of $0.83 per share. 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 (DPR) is 26.73%.

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.