Dohj LLC Grows Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Dohj LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,687 shares of the software giant's stock after acquiring an additional 1,019 shares during the period. Microsoft makes up about 1.6% of Dohj LLC's holdings, making the stock its 15th biggest position. Dohj LLC's holdings in Microsoft were worth $7,034,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MSFT. International Assets Investment Management LLC increased its stake in Microsoft by 48,526.1% in the third 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 acquiring an additional 38,422,466 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. Baillie Gifford & Co. raised its holdings in shares of Microsoft by 46.1% during the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant's stock valued at $3,032,859,000 after buying an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Microsoft by 4.1% in 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. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several analysts have issued reports on MSFT shares. DA Davidson upgraded shares of Microsoft from a "neutral" rating to a "buy" rating and upped their price target for the company from $425.00 to $450.00 in a research report on Thursday, March 13th. Morgan Stanley decreased their price target on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Loop Capital lifted their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, December 23rd. Finally, Piper Sandler reissued an "overweight" rating and set a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $510.59.

Microsoft Stock Performance

Shares of MSFT stock traded down $11.78 during trading hours on Friday, reaching $378.80. The company had a trading volume of 21,606,792 shares, compared to its average volume of 20,523,498. The firm has a market cap of $2.82 trillion, a PE ratio of 30.50, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The business has a fifty day moving average price of $405.52 and a 200-day moving average price of $419.06. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35. 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 announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 last year, the firm posted $2.93 earnings per share. Sell-side analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors 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 yield of 0.88%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Microsoft Company 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.