Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Louisbourg Investments Inc.

Louisbourg Investments Inc. lifted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 12.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,712 shares of the software giant's stock after purchasing an additional 3,308 shares during the quarter. Microsoft comprises 3.0% of Louisbourg Investments Inc.'s holdings, making the stock its 2nd largest position. Louisbourg Investments Inc.'s holdings in Microsoft were worth $12,524,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new stake in Microsoft in the 4th quarter valued at $38,000. IFS Advisors LLC lifted its holdings in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management increased its stake in shares of 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 in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of Microsoft during the 3rd quarter worth about $62,000. Finally, Kieckhefer Group LLC purchased a new position in Microsoft in the 4th quarter valued at about $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Piper Sandler reissued an "overweight" rating and set a $520.00 target price on shares of Microsoft in a report on Monday, January 27th. Jefferies Financial Group reissued a "buy" rating and issued a $475.00 price objective (down from $500.00) on shares of Microsoft in a research note on Monday, April 7th. Wells Fargo & Company lowered their target price on shares of Microsoft from $515.00 to $500.00 and set an "overweight" rating on the stock in a research note on Monday. Westpark Capital started coverage on shares of Microsoft in a research report on Tuesday, April 1st. They issued a "hold" rating for the company. Finally, StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $503.86.

Remove Ads

Microsoft Stock Down 0.2 %

Shares of NASDAQ:MSFT traded down $0.64 during trading hours on Monday, reaching $387.81. The stock had a trading volume of 19,232,192 shares, compared to its average volume of 21,242,474. The stock has a market capitalization of $2.88 trillion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 2.21 and a beta of 1.00. The firm's 50 day moving average is $391.89 and its 200-day moving average is $414.41. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 in the prior year, the business posted $2.93 earnings per share. Research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.86%. 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.