Flavin Financial Services Inc. Makes New $5.71 Million Investment in Microsoft Co. (NASDAQ:MSFT)

Flavin Financial Services Inc. bought a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,541 shares of the software giant's stock, valued at approximately $5,708,000. Microsoft comprises approximately 5.4% of Flavin Financial Services Inc.'s investment portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Net Worth Advisory Group bought a new position in Microsoft during the third quarter worth $2,645,000. Adamsbrown Wealth Consultants LLC grew its holdings in Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after acquiring an additional 130 shares during the period. Oak Ridge Investments LLC raised its position 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 worth $113,399,000 after acquiring an additional 18,544 shares in the last quarter. Focus Financial Network Inc. lifted its stake in shares of Microsoft by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant's stock valued at $32,830,000 after purchasing an additional 1,489 shares during the period. Finally, Campbell Wealth Management bought a new stake in shares of Microsoft during the 3rd quarter valued at about $3,314,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

NASDAQ:MSFT traded up $6.80 during trading on Tuesday, reaching $382.19. The company's stock had a trading volume of 19,430,156 shares, compared to its average volume of 20,577,346. Microsoft Co. has a 12 month low of $367.24 and a 12 month high of $468.35. The firm has a market cap of $2.84 trillion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The firm has a 50 day moving average of $404.45 and a 200-day moving average of $418.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

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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 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 quarter last year, the company earned $2.93 earnings per share. Research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal 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. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.87%. Microsoft's payout ratio is 26.73%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several recent analyst reports. Jefferies Financial Group dropped their price target on Microsoft from $550.00 to $500.00 and set a "buy" rating on the stock in a research note on Monday. Morgan Stanley dropped their target price on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Finally, Mizuho decreased their target price on Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Four 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, Microsoft presently has an average rating of "Moderate Buy" and an average price target of $508.86.

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.