Copperleaf Capital LLC Acquires 805 Shares of Microsoft Co. (NASDAQ:MSFT)

Copperleaf Capital LLC increased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 14.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,471 shares of the software giant's stock after purchasing an additional 805 shares during the quarter. Microsoft accounts for 1.7% of Copperleaf Capital LLC's investment portfolio, making the stock its 14th largest position. Copperleaf Capital LLC's holdings in Microsoft were worth $2,728,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Morgan Stanley dropped their target price on Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a report on Wednesday. Stifel Nicolaus cut their price objective on Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a report on Friday, March 7th. Loop Capital upped their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. BMO Capital Markets cut their price target on shares of Microsoft from $490.00 to $470.00 and set an "outperform" rating for the company in a report on Wednesday. Finally, Mizuho dropped their price objective 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. Five investment analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average target price of $499.97.

Microsoft Trading Down 1.0 %

Shares of MSFT traded down $3.83 during trading hours on Friday, reaching $367.78. The stock had a trading volume of 20,940,221 shares, compared to its average volume of 21,246,383. The firm has a 50-day moving average of $388.25 and a 200 day moving average of $412.78. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $2.73 trillion, a P/E ratio of 29.61, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35.

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

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.90%. Microsoft's payout ratio is 26.73%.

About Microsoft

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.