LexAurum Advisors LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 8.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 16,275 shares of the software giant's stock after purchasing an additional 1,276 shares during the period. Microsoft accounts for about 1.4% of LexAurum Advisors LLC's investment portfolio, making the stock its 16th biggest holding. LexAurum Advisors LLC's holdings in Microsoft were worth $6,860,000 as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in MSFT. Christopher J. Hasenberg Inc lifted its stake in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after purchasing an additional 25 shares during the last quarter. IFS Advisors LLC lifted its stake in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after acquiring an additional 35 shares during the last quarter. Quarry LP bought a new position in shares of Microsoft in the second quarter worth about $45,000. Avondale Wealth Management grew its stake 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 in the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter valued at $62,000. 71.13% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
MSFT has been the subject of several recent research reports. Loop Capital lifted their price objective on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a report on Monday, December 23rd. Mizuho cut their price objective on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating and set a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Cantor Fitzgerald reissued an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Finally, StockNews.com downgraded shares of Microsoft from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $509.54.
Check Out Our Latest Stock Analysis on MSFT
Microsoft Stock Performance
NASDAQ:MSFT opened at $383.27 on Thursday. 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 has a 50 day moving average price of $413.92 and a 200 day moving average price of $421.06. Microsoft Co. has a fifty-two week low of $376.91 and a fifty-two week high of $468.35. The stock has a market capitalization of $2.85 trillion, a P/E ratio of 30.86, a PEG ratio of 2.21 and a beta of 0.92.
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, 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 firm earned $2.93 EPS. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.
Microsoft Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors 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 dividend yield of 0.87%. Microsoft's payout ratio is 26.73%.
About Microsoft
(
Free Report)
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.
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