Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,654 shares of the software giant's stock after buying an additional 2,903 shares during the quarter. Microsoft makes up approximately 2.8% of Bleakley Financial Group LLC's portfolio, making the stock its 4th biggest holding. Bleakley Financial Group LLC's holdings in Microsoft were worth $93,427,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. BCK Partners Inc. increased its position in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock valued at $582,000 after purchasing an additional 24 shares during the period. Muirfield Wealth Advisors LLC boosted its stake in shares of Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after purchasing an additional 24 shares in the last quarter. Sequent Asset Management LLC increased its holdings in Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock valued at $853,000 after buying an additional 25 shares during the period. Cypress Point Wealth Management LLC raised its stake in Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock worth $1,380,000 after buying an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC lifted its holdings in Microsoft by 0.6% during the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock worth $1,941,000 after buying an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. DA Davidson upgraded Microsoft from a "neutral" rating to a "buy" rating and lifted their price target for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Stifel Nicolaus decreased their price target on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research report on Friday, March 7th. Piper Sandler reaffirmed an "overweight" rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, Wedbush reissued an "outperform" rating and set a $550.00 target price on shares of Microsoft in a research report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $508.86.

Microsoft Stock Performance

NASDAQ:MSFT traded down $13.27 during mid-day trading on Friday, hitting $359.84. The company's stock had a trading volume of 49,130,329 shares, compared to its average volume of 20,778,366. The business's fifty day moving average is $399.08 and its two-hundred day moving average is $417.18. The stock has a market cap of $2.68 trillion, a price-to-earnings ratio of 28.97, a PEG ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 1 year low of $359.48 and a 1 year high of $468.35. 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 - Get Free Report) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate 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 last year, the business earned $2.93 EPS. Analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal 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 paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 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.