Microsoft Co. (NASDAQ:MSFT) Shares Bought by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 39.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,602 shares of the software giant's stock after purchasing an additional 7,514 shares during the period. Microsoft comprises about 2.3% of Buck Wealth Strategies LLC's investment portfolio, making the stock its 11th biggest position. Buck Wealth Strategies LLC's holdings in Microsoft were worth $11,213,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. BCK Partners Inc. boosted its stake in shares of Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock valued at $582,000 after buying an additional 24 shares during the period. Muirfield Wealth Advisors LLC raised its holdings in Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after acquiring an additional 24 shares in the last quarter. Sequent Asset Management LLC lifted its stake in Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock worth $853,000 after acquiring an additional 25 shares during the last quarter. Cypress Point Wealth Management LLC grew its holdings in Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock worth $1,380,000 after acquiring an additional 25 shares in the last quarter. Finally, Riverstone Advisors LLC increased its position in shares of Microsoft by 0.6% in the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock valued at $1,941,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

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Microsoft Stock Performance

NASDAQ MSFT traded down $1.98 during trading hours on Monday, hitting $357.86. 50,017,125 shares of the stock were exchanged, compared to its average volume of 20,896,489. Microsoft Co. has a 12-month low of $344.93 and a 12-month high of $468.35. The stock has a 50-day moving average of $397.55 and a 200 day moving average of $416.67. The company has a market cap of $2.66 trillion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 2.21 and a beta of 1.00. 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 (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 period in the previous year, the company posted $2.93 earnings per share. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.93%. Microsoft's payout ratio is currently 26.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on MSFT shares. Stifel Nicolaus decreased their price objective 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. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a report on Friday, January 24th. Tigress Financial increased their price objective on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a report on Thursday, March 20th. Westpark Capital initiated coverage on Microsoft in a research report on Tuesday, April 1st. They set a "hold" rating on the stock. Finally, Loop Capital upped their price target on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. Four research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $508.00.

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.