Clear Creek Financial Management LLC Has $11.94 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Clear Creek Financial Management LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,316 shares of the software giant's stock after acquiring an additional 843 shares during the period. Microsoft comprises about 1.3% of Clear Creek Financial Management LLC's investment portfolio, making the stock its 14th biggest holding. Clear Creek Financial Management LLC's holdings in Microsoft were worth $11,935,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MSFT. Geode Capital Management LLC raised its stake in Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Microsoft by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Microsoft by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock valued at $20,322,513,000 after buying an additional 652,493 shares during the last quarter. International Assets Investment Management LLC lifted its position in Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after purchasing an additional 38,422,466 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

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Microsoft Stock Performance

Microsoft stock traded down $9.83 during trading hours on Friday, hitting $380.75. The company had a trading volume of 5,999,331 shares, compared to its average volume of 20,468,536. The firm has a market cap of $2.83 trillion, a PE ratio of 30.65, a PEG ratio of 2.21 and a beta of 0.92. 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 Co. has a one year low of $376.91 and a one year high of $468.35. The firm has a 50-day moving average of $406.52 and a 200 day moving average of $419.25.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 last year, the business posted $2.93 EPS. On average, sell-side analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors 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 dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is currently 26.73%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wedbush reissued an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th. Tigress Financial lifted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. Morgan Stanley decreased their target price on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Stifel Nicolaus reduced their price target on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Finally, Scotiabank initiated coverage on Microsoft in a report on Thursday, March 20th. They set a "sector outperform" rating and a $470.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $510.59.

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.