Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Kercheville Advisors LLC

Kercheville Advisors LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,331 shares of the software giant's stock after acquiring an additional 1,483 shares during the quarter. Microsoft accounts for approximately 4.1% of Kercheville Advisors LLC's investment portfolio, making the stock its 8th biggest position. Kercheville Advisors LLC's holdings in Microsoft were worth $10,677,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MSFT. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft during the 4th quarter worth $38,000. IFS Advisors LLC lifted its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management lifted its position in Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in Microsoft during the third quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new position in shares of Microsoft in the 4th quarter valued at approximately $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Morgan Stanley decreased their price objective on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Scotiabank initiated coverage on Microsoft in a research note on Thursday, March 20th. They issued a "sector outperform" rating and a $470.00 price target on the stock. Jefferies Financial Group dropped their price objective on Microsoft from $550.00 to $500.00 and set a "buy" rating for the company in a research report on Monday. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Finally, Stifel Nicolaus dropped their target price 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. Four investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $508.86.

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Microsoft Trading Down 2.4 %

Shares of MSFT stock traded down $9.03 during mid-day trading on Thursday, hitting $373.11. The company's stock had a trading volume of 30,133,706 shares, compared to its average volume of 20,642,729. The company has a market cap of $2.77 trillion, a PE ratio of 30.04, a P/E/G 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. The company's fifty day simple moving average is $402.24 and its 200-day simple moving average is $418.11. Microsoft Co. has a 52 week low of $367.24 and a 52 week high of $468.35.

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

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 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.