Capital Insight Partners LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 20,320 shares of the software giant's stock after purchasing an additional 875 shares during the period. Microsoft makes up approximately 1.5% of Capital Insight Partners LLC's holdings, making the stock its 16th largest position. Capital Insight Partners LLC's holdings in Microsoft were worth $8,565,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Net Worth Advisory Group acquired a new stake in Microsoft in the 3rd quarter worth $2,645,000. Oak Ridge Investments LLC lifted its stake in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock valued at $113,399,000 after buying an additional 18,544 shares during the period. Focus Financial Network Inc. grew its position in Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock worth $32,830,000 after buying an additional 1,489 shares in the last quarter. Campbell Wealth Management acquired a new stake in Microsoft during the third quarter worth about $3,314,000. Finally, Evernest Financial Advisors LLC increased its stake in Microsoft by 389.2% during the third quarter. Evernest Financial Advisors LLC now owns 53,770 shares of the software giant's stock valued at $23,137,000 after acquiring an additional 42,778 shares during the period. Institutional investors own 71.13% of the company's stock.
Microsoft Price Performance
Shares of Microsoft stock traded down $11.78 during midday trading on Friday, reaching $378.80. The company had a trading volume of 21,606,792 shares, compared to its average volume of 20,523,498. The stock has a fifty day simple moving average of $405.52 and a 200 day simple moving average of $419.06. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 30.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.
Microsoft (NASDAQ:MSFT - Get Free Report) last released its 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the prior year, the company earned $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 Dividend Announcement
The firm 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 0.88%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.
Analyst Ratings Changes
A number of analysts have commented on MSFT shares. Morgan Stanley reduced their price objective on Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Loop Capital boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. Scotiabank initiated coverage on shares of Microsoft in a report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 price objective for the company. Finally, UBS Group decreased their target price on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. Based on data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and a consensus target price of $510.59.
Read Our Latest Research Report on MSFT
About Microsoft
(
Free Report)
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.
See Also
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
