Microsoft Co. (NASDAQ:MSFT) Holdings Increased by Jacobson & Schmitt Advisors LLC

Jacobson & Schmitt Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2,033.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,911 shares of the software giant's stock after purchasing an additional 19,931 shares during the period. Jacobson & Schmitt Advisors LLC's holdings in Microsoft were worth $8,814,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in MSFT. BCK Partners Inc. grew its stake 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 buying an additional 24 shares during the last quarter. Muirfield Wealth Advisors LLC lifted its holdings in Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC boosted its position in Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after buying an additional 24 shares during the last quarter. Sequent Asset Management LLC increased its stake in shares of Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant's stock valued at $853,000 after buying an additional 25 shares during the period. Finally, Cypress Point Wealth Management LLC raised its position 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 acquiring an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of Microsoft stock traded up $12.91 during trading on Thursday, hitting $387.30. 22,177,077 shares of the company were exchanged, compared to its average volume of 21,289,472. 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 stock has a market capitalization of $2.88 trillion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 2.21 and a beta of 1.00. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The firm has a 50 day moving average price of $385.70 and a 200 day moving average price of $411.70.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued 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 return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the company earned $2.93 EPS. On average, equities analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.86%. Microsoft's dividend payout ratio (DPR) is presently 26.73%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wedbush decreased their price objective on Microsoft from $550.00 to $475.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. Barclays reduced their price objective on Microsoft from $475.00 to $430.00 and set an "overweight" rating for the company in a research report on Monday. The Goldman Sachs Group lowered their price target on shares of Microsoft from $500.00 to $450.00 and set a "buy" rating on the stock in a research note on Thursday. Mizuho decreased their target price on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th. Finally, Wells Fargo & Company dropped their price objective on Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $493.13.

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.