MFA Wealth Services Invests $2.17 Million in Microsoft Co. (NASDAQ:MSFT)

MFA Wealth Services acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,152 shares of the software giant's stock, valued at approximately $2,172,000. Microsoft accounts for about 1.7% of MFA Wealth Services' holdings, making the stock its 12th biggest holding.

Several other institutional investors have also recently made changes to their positions in MSFT. WFA Asset Management Corp raised its holdings in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its position in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. Beck Bode LLC raised its position in shares of Microsoft by 37.3% in the 2nd quarter. Beck Bode LLC now owns 39,951 shares of the software giant's stock valued at $17,856,000 after purchasing an additional 10,847 shares during the last quarter. Dark Forest Capital Management LP increased its position in shares of Microsoft by 173.1% in the 2nd quarter. Dark Forest Capital Management LP now owns 1,480 shares of the software giant's stock valued at $661,000 after acquiring an additional 938 shares during the period. Finally, MBB Public Markets I LLC boosted its position in Microsoft by 1,963.1% in the second quarter. MBB Public Markets I LLC now owns 504,212 shares of the software giant's stock valued at $225,358,000 after buying an additional 479,772 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Stock Performance

NASDAQ:MSFT opened at $383.27 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a market cap of $2.85 trillion, a PE ratio of 30.86, a P/E/G ratio of 2.21 and a beta of 0.92. The firm has a 50 day simple moving average of $413.92 and a 200-day simple moving average of $421.06. Microsoft Co. has a 1-year low of $376.91 and a 1-year high of $468.35.

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Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 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 period in the previous year, the company posted $2.93 earnings per share. On average, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm 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 $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.87%. Microsoft's payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MSFT. DA Davidson reiterated a "neutral" rating and set a $425.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $509.00 target price on shares of Microsoft in a research note on Wednesday, January 29th. UBS Group reduced their price target on Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Morgan Stanley decreased their price target on Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Finally, Piper Sandler reissued an "overweight" rating and set a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Four equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $509.54.

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.

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