Joel Isaacson & Co. LLC Boosts Holdings in Microsoft Co. (NASDAQ:MSFT)

Joel Isaacson & Co. LLC grew its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,793 shares of the software giant's stock after acquiring an additional 1,562 shares during the quarter. Microsoft comprises about 1.8% of Joel Isaacson & Co. LLC's portfolio, making the stock its 13th biggest position. Joel Isaacson & Co. LLC's holdings in Microsoft were worth $40,798,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Microsoft by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock valued at $23,490,417,000 after buying an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

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Microsoft Price Performance

Microsoft stock traded up $5.26 during midday trading on Wednesday, reaching $359.82. The company had a trading volume of 4,141,964 shares, compared to its average volume of 23,748,721. The firm's fifty day simple moving average is $393.94 and its 200-day simple moving average is $415.52. The company has a market capitalization of $2.67 trillion, a P/E ratio of 29.00, a P/E/G ratio of 2.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35.

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

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. 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 0.92%. Microsoft's dividend payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of research analyst reports. Loop Capital raised their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. StockNews.com cut Microsoft from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Cantor Fitzgerald reissued an "overweight" rating and issued a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. UBS Group decreased their target price on Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a report on Thursday, January 30th. Finally, Mizuho cut their price target on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and an average target price of $508.00.

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.