Financial Strategies Group Inc. lifted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,881 shares of the software giant's stock after acquiring an additional 919 shares during the quarter. Microsoft makes up approximately 1.4% of Financial Strategies Group Inc.'s holdings, making the stock its 24th largest holding. Financial Strategies Group Inc.'s holdings in Microsoft were worth $5,815,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the business. BCK Partners Inc. boosted its position in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock worth $582,000 after purchasing an additional 24 shares during the period. Sequent Asset Management LLC raised its stake in 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 in the last quarter. Cypress Point Wealth Management LLC lifted its holdings in shares of Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant's stock worth $1,380,000 after acquiring an additional 25 shares during the last quarter. Riverstone Advisors LLC increased its position in shares of 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 purchasing an additional 25 shares during the last quarter. Finally, Boulder Wealth Advisors LLC boosted its stake in shares of Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages recently issued reports on MSFT. DA Davidson upgraded Microsoft from a "neutral" rating to a "buy" rating and boosted their price target for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Jefferies Financial Group lowered their price objective on Microsoft from $550.00 to $500.00 and set a "buy" rating for the company in a research note on Monday. UBS Group dropped their price objective on Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a research report on Thursday, January 30th. Wedbush reaffirmed an "outperform" rating and issued a $550.00 price objective on shares of Microsoft in a report on Thursday, March 20th. Finally, StockNews.com lowered shares of Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $508.86.
Read Our Latest Research Report on Microsoft
Microsoft Trading Down 0.9 %
MSFT stock traded down $3.41 during midday trading on Monday, reaching $375.39. The company's stock had a trading volume of 35,114,161 shares, compared to its average volume of 20,581,628. The firm has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 30.22, a PEG ratio of 2.21 and a beta of 0.92. 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 Co. has a 1 year low of $367.31 and a 1 year high of $468.35. The stock has a fifty day simple moving average of $405.52 and a two-hundred day simple moving average of $419.10.
Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 in the prior year, the business posted $2.93 EPS. On average, equities research 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 dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.88%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.
Microsoft Profile
(
Free Report)
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.
Featured Articles
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
