Fairvoy Private Wealth LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

Fairvoy Private Wealth LLC bought a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,501 shares of the software giant's stock, valued at approximately $7,798,000. Microsoft accounts for about 2.1% of Fairvoy Private Wealth LLC's investment portfolio, making the stock its 13th largest position.

A number of other hedge funds have also added to or reduced their stakes in the business. WFA Asset Management Corp boosted its position in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its holdings in Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after acquiring an additional 38 shares in the last quarter. AMF Tjanstepension AB boosted its holdings in Microsoft by 1.8% in the third quarter. AMF Tjanstepension AB now owns 2,799,261 shares of the software giant's stock worth $1,204,664,000 after acquiring an additional 49,735 shares in the last quarter. Discipline Wealth Solutions LLC increased its holdings in shares of Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after acquiring an additional 2,138 shares in the last quarter. Finally, Swedbank AB raised its position in shares of Microsoft by 0.4% during the third quarter. Swedbank AB now owns 13,689,356 shares of the software giant's stock worth $5,890,530,000 after purchasing an additional 49,288 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Wedbush reissued an "outperform" rating and issued a $550.00 price target on shares of Microsoft in a research report on Thursday, March 20th. Stifel Nicolaus reduced their price objective on shares of Microsoft from $515.00 to $475.00 and set a "buy" rating for the company in a report on Friday, March 7th. Morgan Stanley lowered their target price on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Loop Capital lifted their price target on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, December 23rd. Finally, Tigress Financial increased their price objective on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $508.86.

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Microsoft Stock Down 3.6 %

Microsoft stock opened at $359.84 on Friday. 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 capitalization of $2.68 trillion, a P/E ratio of 28.97, a P/E/G ratio of 2.21 and a beta of 1.00. The firm has a 50 day moving average price of $399.08 and a 200-day moving average price of $417.40. Microsoft Co. has a twelve month low of $359.48 and a twelve month high of $468.35.

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

Microsoft Dividend Announcement

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 paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 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.

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