Consolidated Portfolio Review Corp Increases Position in Microsoft Co. (NASDAQ:MSFT)

Consolidated Portfolio Review Corp grew its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 122.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,134 shares of the software giant's stock after buying an additional 19,923 shares during the quarter. Microsoft accounts for approximately 2.4% of Consolidated Portfolio Review Corp's holdings, making the stock its 4th largest position. Consolidated Portfolio Review Corp's holdings in Microsoft were worth $15,230,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fiduciary Advisors Inc. bought a new position in Microsoft in the fourth quarter worth approximately $38,000. IFS Advisors LLC increased its stake in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management raised its holdings in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in Microsoft during the third quarter valued at $62,000. Finally, Kieckhefer Group LLC bought a new stake in Microsoft during the fourth quarter valued at about $141,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent research reports. UBS Group decreased their price objective on Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Stifel Nicolaus lowered their price target on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Loop Capital upped their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research report on Monday, December 23rd. Cantor Fitzgerald restated an "overweight" rating and set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Finally, Mizuho dropped their target price on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Microsoft has a consensus rating of "Moderate Buy" and an average price target of $508.00.

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Microsoft Trading Down 0.6 %

NASDAQ MSFT traded down $1.98 during trading on Monday, hitting $357.86. The stock had a trading volume of 50,017,125 shares, compared to its average volume of 20,896,489. Microsoft Co. has a one year low of $344.93 and a one year high of $468.35. The stock has a 50 day simple moving average of $397.55 and a 200 day simple moving average of $416.67. The stock has a market capitalization of $2.66 trillion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 last year, the company posted $2.93 earnings per share. Sell-side analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business 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 dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend 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.