5,753 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Level Wealth Management LLC

Level Wealth Management LLC acquired a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,753 shares of the software giant's stock, valued at approximately $2,425,000. Microsoft makes up about 1.7% of Level Wealth Management LLC's investment portfolio, making the stock its 8th biggest position.

Other large investors also recently made changes to their positions in the company. Fiduciary Advisors Inc. bought a new position in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC boosted its holdings in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management increased its position in Microsoft by 144.4% in 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. bought a new stake in Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new position in Microsoft during the 4th quarter valued at about $141,000. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Down 2.0 %

Shares of MSFT stock traded down $7.63 on Monday, hitting $371.17. 12,866,771 shares of the stock were exchanged, compared to its average volume of 20,496,477. The business has a 50-day moving average of $405.52 and a 200 day moving average of $419.10. Microsoft Co. has a fifty-two week low of $367.31 and a fifty-two week high of $468.35. The firm has a market capitalization of $2.76 trillion, a P/E ratio of 29.86, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

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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 for the quarter, topping 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 in the previous year, the company posted $2.93 earnings per share. Equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 26.73%.

Analyst Ratings Changes

Several brokerages have recently commented on MSFT. Cantor Fitzgerald reiterated an "overweight" rating and set a $509.00 price target on shares of Microsoft in a research report on Wednesday, January 29th. Wedbush reaffirmed an "outperform" rating and set a $550.00 target price on shares of Microsoft in a report on Thursday, March 20th. Guggenheim reissued a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Royal Bank of Canada restated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Finally, UBS Group dropped their price objective on Microsoft from $525.00 to $510.00 and set a "buy" rating for the company in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $508.86.

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.