Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lessened by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. decreased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,103,168 shares of the software giant's stock after selling 11,800 shares during the quarter. Microsoft makes up 5.0% of Factory Mutual Insurance Co.'s holdings, making the stock its 4th largest holding. Factory Mutual Insurance Co.'s holdings in Microsoft were worth $464,985,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. BCK Partners Inc. boosted its stake in Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock worth $582,000 after purchasing an additional 24 shares in the last quarter. Christopher J. Hasenberg Inc grew its stake in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after purchasing an additional 25 shares during the last quarter. Sequent Asset Management LLC increased its holdings in shares of Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock valued at $853,000 after purchasing an additional 25 shares during the period. Cypress Point Wealth Management LLC lifted its holdings in shares of Microsoft by 0.8% during 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 during the period. Finally, Riverstone Advisors LLC lifted its stake in Microsoft by 0.6% during the 3rd quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant's stock valued at $1,941,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.13% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. DA Davidson raised Microsoft from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $425.00 to $450.00 in a report on Thursday, March 13th. 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. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $500.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Guggenheim restated a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Finally, Wedbush reissued an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th. Three 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 company has an average rating of "Moderate Buy" and a consensus target price of $510.59.

Microsoft Price Performance

Shares of Microsoft stock traded down $9.83 during trading on Friday, reaching $380.75. The company's stock had a trading volume of 5,999,331 shares, compared to its average volume of 20,468,536. Microsoft Co. has a 12-month low of $376.91 and a 12-month high of $468.35. 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 business has a 50 day moving average price of $406.52 and a 200-day moving average price of $419.25. The company has a market capitalization of $2.83 trillion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate 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 in the previous year, the business earned $2.93 earnings per share. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company 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 annualized dividend and a yield of 0.87%. Microsoft's dividend payout ratio is presently 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.