Capital & Planning LLC Acquires 2,965 Shares of Microsoft Co. (NASDAQ:MSFT)

Capital & Planning LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,297 shares of the software giant's stock after purchasing an additional 2,965 shares during the period. Microsoft comprises 20.1% of Capital & Planning LLC's portfolio, making the stock its 3rd largest holding. Capital & Planning LLC's holdings in Microsoft were worth $27,523,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MSFT. KMG Fiduciary Partners LLC grew its stake in Microsoft by 1.4% in the fourth quarter. KMG Fiduciary Partners LLC now owns 122,752 shares of the software giant's stock valued at $51,740,000 after purchasing an additional 1,656 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Microsoft in the 4th quarter valued at approximately $5,130,000. Lauer Wealth LLC increased its holdings in Microsoft by 19.0% in the fourth quarter. Lauer Wealth LLC now owns 1,881 shares of the software giant's stock worth $793,000 after buying an additional 300 shares during the last quarter. StoneCrest Wealth Management Inc. increased its holdings in Microsoft by 1.4% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 13,414 shares of the software giant's stock worth $5,654,000 after buying an additional 182 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. raised its position in Microsoft by 5.6% during the fourth quarter. Kraematon Investment Advisors Inc. now owns 3,018 shares of the software giant's stock valued at $1,272,000 after acquiring an additional 161 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MSFT. Guggenheim restated a "neutral" rating on shares of Microsoft in a research note on Wednesday. Wells Fargo & Company cut their target price on Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. BMO Capital Markets decreased their price target on Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a research note on Wednesday, April 16th. StockNews.com downgraded Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Bank of America reduced their target price on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus target price of $493.13.

Microsoft Price Performance

NASDAQ:MSFT opened at $387.30 on Friday. 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 company has a 50-day moving average of $385.28 and a 200-day moving average of $411.53. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The company has a market capitalization of $2.88 trillion, a price-to-earnings ratio of 31.18, a PEG ratio of 2.21 and a beta of 1.00.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the previous year, the business earned $2.93 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.86%. 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.

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