Microsoft Co. (NASDAQ:MSFT) Stock Position Decreased by Davidson Investment Advisors

Davidson Investment Advisors reduced its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,629 shares of the software giant's stock after selling 1,410 shares during the quarter. Microsoft comprises approximately 4.4% of Davidson Investment Advisors' portfolio, making the stock its 5th biggest holding. Davidson Investment Advisors' holdings in Microsoft were worth $90,045,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Adamsbrown Wealth Consultants LLC boosted its position in Microsoft by 2.2% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after buying an additional 130 shares during the period. Oak Ridge Investments LLC lifted its stake in shares of Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant's stock valued at $113,399,000 after acquiring an additional 18,544 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after acquiring an additional 1,489 shares during the period. Campbell Wealth Management bought a new position in Microsoft during the 3rd quarter worth approximately $3,314,000. Finally, Centric Wealth Management lifted its position in Microsoft by 0.7% in the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after purchasing an additional 112 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Up 3.2 %

MSFT traded up $12.09 during trading on Thursday, hitting $386.48. 11,146,684 shares of the company's stock traded hands, compared to its average volume of 21,222,488. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The stock has a market capitalization of $2.87 trillion, a price-to-earnings ratio of 31.13, a PEG ratio of 2.21 and a beta of 1.00. The company's 50 day simple moving average is $385.70 and its two-hundred day simple moving average is $411.70.

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 period last year, the firm earned $2.93 earnings per share. Analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is presently 26.73%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several recent analyst reports. UBS Group cut their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Tigress Financial boosted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Wells Fargo & Company dropped their target price on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating for the company in a report on Monday, April 14th. BMO Capital Markets reduced their price target on Microsoft from $490.00 to $470.00 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. Finally, Morgan Stanley dropped their price objective on Microsoft from $530.00 to $472.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Five analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $493.13.

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.