Key Financial Inc Has $12.08 Million Position in Microsoft Co. (NASDAQ:MSFT)

Key Financial Inc lowered its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,668 shares of the software giant's stock after selling 900 shares during the period. Microsoft makes up 2.7% of Key Financial Inc's investment portfolio, making the stock its 6th largest position. Key Financial Inc's holdings in Microsoft were worth $12,084,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MSFT. Waycross Partners LLC grew its position in Microsoft by 1.9% in the fourth quarter. Waycross Partners LLC now owns 119,931 shares of the software giant's stock worth $50,551,000 after acquiring an additional 2,187 shares in the last quarter. Bfsg LLC increased its position in shares of Microsoft by 0.3% during the 4th quarter. Bfsg LLC now owns 66,608 shares of the software giant's stock valued at $28,075,000 after purchasing an additional 229 shares during the last quarter. Buckingham Capital Management Inc. raised its holdings in shares of Microsoft by 1.0% during the 4th quarter. Buckingham Capital Management Inc. now owns 63,147 shares of the software giant's stock valued at $26,616,000 after buying an additional 609 shares in the last quarter. Davidson Trust Co. lifted its position in Microsoft by 2.5% in the 4th quarter. Davidson Trust Co. now owns 39,318 shares of the software giant's stock worth $16,573,000 after buying an additional 976 shares during the last quarter. Finally, BKM Wealth Management LLC boosted its stake in Microsoft by 8.8% in the fourth quarter. BKM Wealth Management LLC now owns 26,822 shares of the software giant's stock worth $11,306,000 after buying an additional 2,172 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 3.2 %

Shares of NASDAQ:MSFT traded up $12.09 during midday trading on Thursday, reaching $386.48. The company's stock had a trading volume of 11,146,684 shares, compared to its average volume of 21,222,488. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The firm has a market capitalization of $2.87 trillion, a P/E ratio of 31.13, a PEG ratio of 2.21 and a beta of 1.00. The firm has a 50 day moving average of $385.70 and a 200-day moving average of $411.70. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced 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 net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the business earned $2.93 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently announced 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 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is 26.73%.

Wall Street Analyst Weigh In

Several research analysts have commented on MSFT shares. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research note on Wednesday. Wedbush decreased their target price on shares of Microsoft from $550.00 to $475.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. Jefferies Financial Group restated a "buy" rating and set a $475.00 price target (down from $500.00) on shares of Microsoft in a research report on Monday, April 7th. UBS Group decreased their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target 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.